- Shell's Q4 earnings dip to $3.26 billion, the lowest in nearly five years due to lower crude prices and unfavorable tax adjustments.
- Despite the earnings slump, Shell increases its dividend and announces a $3.5 billion share buyback program.
- CEO Wael Sawan emphasizes the company's strong operational performance and plans for future improvements using AI and supply chain enhancements.
- The industry faces pressure as lower oil prices and weak earnings impact shareholder payouts; Equinor cuts buybacks while Shell prioritizes returns.
A Most Disappointing Quarter
Blast this treacherous economy. Shell's recent quarterly earnings announcement has left me feeling like Smithers after I've denied him a raise – utterly deflated. A paltry $3.26 billion for the quarter, their weakest performance since 2021 you say? It’s enough to make a man want to unleash the hounds or perhaps cut off their electricity, that will show them! These infernal tax adjustments and, dare I say, *weak* chemicals performance have sullied my view from the Burns Manor. I always say, a billion here, a billion there, pretty soon you’re talking about real money. And now this.
Dividends and Diversions
Bah! Dividends. A necessary evil, I suppose, to keep the shareholding riff-raff from storming my gates with pitchforks. Shell's increasing its dividend and initiating a $3.5 billion share buyback. Good heavens, it seems even I, C. Montgomery Burns, could learn a thing or two from Shell's commitment to shareholder returns, even as Mortgage Rate Madness Reality Bites Homeowners hit the everyday investors. But frankly, this continued emphasis on returns is hardly a substitute for the satisfaction of crushing my competitors, stealing candy from babies, or blocking out the sun.
Net Debt and Dread
Net debt increasing to $45.7 billion? Preposterous. In my day, we made money by taking it, not owing it. Though, I suppose these modern financial instruments are a bit beyond even my considerable intellect. Still, increased debt and gearing sound suspiciously like something Waylon Smithers would try to explain to me, resulting in a string of 'excellent' misinterpretations on my part. This simply will not do.
Shell's CEO Speaks Nonsense
This Sawan fellow speaks of 'strong operational quarter' and 'opportunities to improve performance' through artificial intelligence and supply chains. AI, pah! As if a machine can replace the sheer, unadulterated evil genius of one C. Montgomery Burns. And supply chains? Sounds like something those union thugs are always complaining about. It seems the only way to truly improve performance is through good old-fashioned cost-cutting, downsizing, and ruthless exploitation.
Equinor's Errors and Lessons Learned
Equinor cutting share buybacks? A sign of the apocalypse if I ever saw one. It seems even these European energy behemoths are feeling the pinch of this wretched oil price environment. Frankly, I find their 'trimming investments in renewables' to be a shrewd move. Renewables? What poppycock. Coal, oil, and a dash of nuclear waste – that’s the recipe for true energy dominance. I want them to be cutting costs not investing in hippie dreams.
Future Domination, Burns-Style
This article, like all news, is merely a preamble to my next move. While Shell grapples with earnings and buybacks, I, C. Montgomery Burns, am devising plans for global domination. Expect Burns Atomic Mega-Plexes to be built on every corner. My plans are so well done, that they are in the shape of a capital 'B'.
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