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Shell profits more than double in first quarter as oil prices rise

May 4, 2017

Via: CNBC

Shell has reported higher-than-expected revenues and a doubling of profits for the first quarter of 2017 as higher oil prices buoyed the oil major after a difficult three years.

Here are some of the highlights:

Revenue: $71.8 billion versus $70.632 billion anticipated by Thomson Reuters analyst expectations.
Basic EPS: 41 cents versus 37 cents expected by Thomson Reuters analyst estimates.

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