Shell reports sharp upswing in full-year profit,

The British oil major posted adjusted earnings of $19.29 billion for the full-year 2021. For the final quarter of 2021, Shell reported adjusted earnings of $6.4 billion.

Shell also announced an $8.5 billion share buyback program in the first half of 2022 and said it expects to increase its dividend by 4% to $0.25 per share in the first quarter.


Oil companies do well when oil prices are up. $20 oil a year ago wss painful.