Shell plc 1st quarter 2024 unaudited results
Shell plc1st quarter 2024 unaudited results summary of unaudited results quarters $ million q1 2024 q4 2023 q1 2023 %¹ reference 7,358 474 8,709 +1,453 income/(loss) attributable to shell plc shareholders 7,734 7,306 9,646 +6 adjusted earnings a 18,711 16,335 21,432 +15 adjusted ebitda a 13,330 12,575 14,159 +6 cash flow from operating activities (3,528) (5,657) (4,238) cash flow from investing activities 9,802 6,918 9,921 free cash flow g 4,493 7,113 6,501 cash capital expenditure c 8,997 10,897 9,312 -17 operating expenses f 9,054 10,565 9,293 -14 underlying operating expenses f 12.0% 12.8% 18.1% roace2 d 79,931 81,541 85,142 total debt e 40,513 43,542 44,224 net debt e 17.7% 18.8% 18.4% gearing e 2,911 2,827 2,902 +3 oil and gas production available for sale (thousand boe/d) 1.14 0.07 1.26 +1,529 basic earnings per share ($) 1.20 1.11 1.39 +8 adjusted earnings per share ($) b 0.3440 0.3440 0.2875 — dividend per share ($) 1.q1 on q4 change 2.effective first quarter 2024, the definition has been amended and comparative information has been revised. see reference d.