Shell earnings likely to take a hit from lower energy prices

  • Shell PLC (LSEHEL, NYSEHEL) is set to report its first-quarter results on 2 May, with analysts and investors watching closely for signs of pressure on shareholder returns from weaker commodity prices. The energy giant's shares have retreated from their highs of last year and are down 13% since the start of April as oil and gas prices have dropped sharply amid renewed tariff concerns and global growth fears, with the company also having lost its position as the second-largest company on the FTSE 100 this year.