What to expect from Shell’s third-quarter results
- Shell expected to report adjusted earnings of $6.25 billion
- Cash flow from operations forecasted at $11.07 billion
- Operational turnaround expected with better performance
- Shareholder returns expected to increase buyback program
- High energy prices likely to boost profits
Shell is scheduled to report its third-quarter results, with analysts forecasting adjusted earnings of $6.25 billion. Cash flow from operations is expected to be $11.07 billion. The company is expected to show an operational turnaround with better performance, especially with the Prelude floating liquefied natural gas platform coming out of its turnaround soon. Despite a potential working capital hit, Shell is expected to increase its buyback program. High energy prices are also expected to boost profits, as gas and crude-oil prices have rallied sharply since the second quarter.
Factuality Level: 7
Factuality Justification: The article provides information about Shell’s expected adjusted earnings and cash flow from operations based on a consensus of analysts’ forecasts. It also discusses factors to watch, such as operational turnaround and shareholder returns. The information provided is based on market analysis and research notes from analysts, which adds credibility to the article. However, the article does not provide any direct sources or quotes from Shell or its representatives, which could affect the overall factuality level.
Noise Level: 7
Noise Justification: The article provides information on Shell’s expected adjusted earnings and cash flow from operations for the third quarter, as well as factors to watch such as operational turnaround and shareholder returns. It also mentions the impact of high energy prices on profits. However, the article lacks in-depth analysis, evidence, and actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: Shell’s financial results may impact the energy sector and investor sentiment towards the company.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses Shell’s upcoming earnings report and provides forecasts for adjusted earnings and cash flow from operations. It also mentions factors to watch, such as operational turnaround and shareholder returns. While there is no mention of an extreme event, the financial performance of a major energy company like Shell can have implications for the energy sector and investor sentiment.
Public Companies: Shell (N/A)
Key People: Christian Moess Laursen (N/A), Biraj Borkhataria (RBC Capital Markets analyst), Michael Hewson (CMC Markets UK analyst), Christyan Malek (JPMorgan analyst)
www.marketwatch.com 
