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荷兰皇家壳牌Royal Dutch Shell (SHEL)2025年第二季度财报「NYSE」(英文版)(16页).pdf

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1、Shell plc|July 31,2025Robust cash generation;strong operational performanceJuly 31,2025Second quarter 2025 resultsShell plcShell plc|July 31,2025Definitions&cautionary note The companies in which Shell plc directly and indirectly owns investments are separate legal entities.In this presentation“Shel

2、l”,“Shell Group”and“Group”are sometimes used for convenience to reference Shell plc and its subsidiaries in general.Likewise,the words“we”,“us”and“our”are also used to refer to Shell plc and its subsidiaries in general or to those who work for them.These terms are also used where no useful purpose i

3、s served by identifying the particular entity or entities.Subsidiaries,“Shell subsidiaries”and“Shell companies”as used in this presentation refer to entities over which Shell plc either directly or indirectly has control.The terms“joint venture”,“joint operations”,“joint arrangements”,and“associates

4、”may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties.The term“Shell interest”is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arra

5、ngement,after exclusion of all third-party interest.This presentation contains forward-looking statements(within the meaning of the U.S.Private Securities Litigation Reform Act of 1995)concerning the financial condition,results of operations and businesses of Shell.All statements other than statemen

6、ts of historical fact are,or may be deemed to be,forward-looking statements.Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results,perfor

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根据《Data》标记内容,Shell plc 2025年第二季度报告主要内容如下: - **业绩稳健**:调整后收益为43亿美元,自由现金流为119亿美元。 - **资产负债表强劲**:净债务为432亿美元,股本回报率为19%。 - **资本支出展望**:2025年现金资本支出预计为200-220亿美元。 - **股东回报**:第二季度股东分配总额为57亿美元,连续15个季度回购股票超过30亿美元。 - **成本削减**:已实现39亿美元的结构性成本削减。 - **投资组合优化**:通过专注于剥离如SPDC Nigeria和新加坡能源化工园等资产,提升投资组合质量。 - **净碳强度目标**:到2030年将运营控制的范围1和范围2排放量减半,实现近零甲烷排放强度。 - **资本分配**:通过周期性分配40-50%的自由现金流给股东,预计每年每股自由现金流增长超过10%。
盈利能力如何?" 挑战与机遇?" 股东回报几何?"
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