Shell publishes Q3 2026 results presentation transcript
SHEL•Shell reported $10.8 billion in adjusted earnings and $21 billion in cash flow from operations for Q3 2026, and announced a $5 billion share buyback. It expects cash capital expenditure of $23 billion to $25 billion, including about $4 billion for the ARC Resources acquisition.
1. Q3 results and buyback
At its Q3 2026 results presentation, Shell announced a $5 billion share buyback. Adjusted earnings totaled $10.8 billion, while cash flow from operations reached $21 billion.
2. Spending and LNG projects
Shell expects cash capital expenditure of $23 billion to $25 billion, including about $4 billion for its ARC Resources acquisition, which closed in September and contributed production of 370,000 barrels of oil equivalent per day. LNG Canada Phase 2 reached a final investment decision; the project is set to double facility capacity and provide nearly 6 million tonnes of additional LNG volumes annually.
