Oil giant Shell disappoints expectations and records its lowest quarterly profits in 5 years
British oil giant "Shell"Today, Thursday, it recorded the lowest quarterly profits in nearly 5 years, coinciding with the turmoil in crude prices and unfavorable tax amendments in the fourth quarter of 2025. Shell’s fourth-quarter profits were about $3.26 billion, lagging analysts’ expectations of $3.53 billion.
For the full year 2025, Shell recorded weaker-than-expected adjusted profits of $18.5 billion, compared to $23.72 billion in the previous year.
Net debt reached $45.7 billion at the end of last year, with a debt ratio of 20.7%. This represents an increase from net debt of $41.2 billion and a gearing ratio of 18.8% at the end of the third quarter.
Shell CEO, Wael Sawan, said in statements to: "CNN": "It was a very strong operating quarter for the company"
He added: "There were some matters that negatively impacted us this quarter; The first is some tax amendments that came against us, and the chemicals sector was already weak, but I will focus on the strength of our integrated business in the field Gasexploration, production and marketing."
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