EarningsShell (SHEL) Tops Q3 Estimates as Refining Margins Hit a Record
Shell's adjusted earnings nearly doubled to $10.81 billion, beating forecasts, and it raised its quarterly buyback to $5 billion. Its US shares rose 2.4% to $107.67.
SHEL▲ 2.4%


How Shell compares with other energy stocks. A description, not a recommendation.
XOM
CVX
COP
MPC
VLO
PSXShell and 5 integrated oil & gas peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.
Shell trades at 9.3 times the next 12 months of expected earnings, against a median of 12.8x for the 25 energy stocks we cover.
From Shell's SEC filings, through the quarter ending 30 Jun 2025. Hover or tap a bar for its value.
| Last 12 months | SHEL | Sector median |
|---|---|---|
| Price to earnings | 9.4x | 17.2x |
Integrated Oil & Gas, by market value.
| Company | Price | Today |
|---|---|---|
XOMExxon Mobil | $187.25 | +2.16% |
CVXChevron | $235.52 | +1.75% |
COPConocoPhillips | $154.03 | +2.67% |
BPBP | $50.39 | +0.08% |
MPCMarathon Petroleum | $444.73 | +2.83% |
VLOValero Energy | $399.66 | +3.92% |
PSXPhillips 66 | $282.83 | +3.37% |
WMBWilliams Companies | $74.35 | −0.71% |