--- title: "Key facts: Shell best profit in two years; $3B buybacks, GS to trade" type: "News" locale: "en" url: "https://longbridge.com/en/news/286016018.md" description: "Shell reported its highest quarterly profit in two years, driven by increased oil and gas prices and trading gains. The company has reduced its share buyback program to $3 billion from $3.5 billion to maintain cash and flexibility. Additionally, Goldman Sachs International will manage trades for Shell from May 7 to July 24, 2026, under the confirmed repurchase program." datetime: "2026-05-12T01:03:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286016018.md) - [en](https://longbridge.com/en/news/286016018.md) - [zh-HK](https://longbridge.com/zh-HK/news/286016018.md) --- # Key facts: Shell best profit in two years; $3B buybacks, GS to trade - Shell posted its best quarterly profit in two years as oil, gas prices and trading gains rose; buybacks cut to $3B from $3.5B to preserve cash and flexibility.1 - On 8 May 2026 Shell confirmed share buybacks under the 7 May repurchase program. Goldman Sachs International will execute trades for Shell from 7 May to 24 July 2026 within set limits.2 ### Related Stocks - [SHEL.WI.US](https://longbridge.com/en/quote/SHEL.WI.US.md) - [SHEL.US](https://longbridge.com/en/quote/SHEL.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [SHEH.US](https://longbridge.com/en/quote/SHEH.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [RDSB.UK](https://longbridge.com/en/quote/RDSB.UK.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Shell Advances Capital Return Drive with Fresh Share Buy-Back](https://longbridge.com/en/news/286877156.md) - [Transaction in Own Shares | SHEL Stock News](https://longbridge.com/en/news/286754415.md) - [Shell plc - Report on Payments to Governments for the year 2025 | SHEL Stock News](https://longbridge.com/en/news/286391540.md) - [Key facts: Shell to buy ARC (adds reserves); sell ~60 French stations](https://longbridge.com/en/news/286175634.md) - [SBRS introduces 500 kW charging system for commercial vehicles](https://longbridge.com/en/news/286930046.md)