Shell reports lower Q1 profits due to weaker crude prices, but still manages a hefty profit and announces another massive share buyback, proving once again that some corporations are like cockroaches – impossible to kill.
Shell reports lower Q1 profits due to weaker crude prices, but still manages a hefty profit and announces another massive share buyback, proving once again that some corporations are like cockroaches – impossible to kill.

Another Day Another Shelling...

Alright people listen up. This is Ripley last survivor of the Nostromo. You think facing a Xenomorph is bad? Try wading through corporate earnings reports. Shell that big cheese in the oil biz just announced their first quarter profits took a nosedive. Seems those pesky crude prices are playing hardball. Adjusted earnings were a measly $5.58 billion. I know I know how will they ever survive? 'Another day in paradise,' as Ash would say... right before he tried to off me.

Analysts? More Like Alien Analyzers...

Now get this – the so called 'experts' were expecting even *worse*. Some eggheads at LSEG predicted $5.09 billion while others at Vara Research were practically crying into their spreadsheets fearing a measly $4.96 billion. Turns out Shell still managed to beat those pathetic estimates. Reminds me of those corporate types back on Earth. Always underestimating the danger just like Burke. 'We're just talking about science here!' Yeah science and billions of dollars. Same difference.

From Bad to Worse (or Still Just Bad)

Compared to last year it's still a bloodbath. Remember that juicy $7.73 billion from the same period? Gone! And the previous quarter's $3.66 billion? Ancient history! It's like watching the Nostromo burn all over again only this time the fire is fueled by market fluctuations instead of a chestburster. Though sometimes I wonder if a chestburster wouldn't be less painful than reading this stuff.

Buy! Buy! Buy! (And Maybe Don't Worry About the Environment)

But here's where it gets interesting. Despite all the doom and gloom Shell is announcing *another* $3.5 billion share buyback program. That's right folks they're throwing money at their own stock like it's going out of style. They're expecting to blow through it in three months. Apparently it's their 14th consecutive quarter of doing this little dance. 'I say we take off and nuke the entire site from orbit... it's the only way to be sure,' I'm telling ya! Of course I'm talking about the stock market not the planet... mostly.

CEO Speaks! (Brace Yourselves)

Shell CEO Wael Sawan probably sipping a martini on his yacht called these 'another solid set of results.' You know 'solid' like a rock you throw at a drowning man. He also babbled something about a 'resilient balance sheet' and 'strategic direction.' Sounds like corporate jargon for 'we're still making a ton of money so shut up and buy our stock.' Reminds me of the Company's reports: always rosy right before everyone gets eaten.

The Bigger Picture (and Why You Should Be Nervous)

So what does it all mean? Big Oil profits are falling from those record highs. The market's shaky thanks to weak outlooks falling prices and whatever Trump is doing this week. BP and TotalEnergies are also crying into their balance sheets. It's all breaking news they say. Me? I'm just waiting for the other shoe to drop. Or you know an alien egg to hatch. Because when it comes to corporate greed and environmental devastation there's always something nasty lurking in the shadows. Just remember what I always say 'Get away from her you B****'


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