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Source document· February 5, 2026

Shell plc publishes fourth quarter 2025 press release

View original at finance.yahoo.com
“Free cash flow 8.7 5.3 6.5 10.0 4.2 (table row, columns Q4 2024, Q1 2025, Q2 2025, Q3 2025, Q4 2025; units $ billion)”
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  • If society is not net zero in 2050, there would be significant risk that Shell may not meet its 2050 net-zero emissions target

    80% confidence
  • Shell delivered $2.0 billion in structural cost reductions in 2025

    80% confidence
  • Shareholder distributions represented approximately 52% of cash flow from operations in 2025

    80% confidence
  • Q4 cash delivery remained solid despite lower earnings in a softer macro environment

    80% confidence
  • 2025 was a year of accelerated momentum, with strong operational and financial performance across Shell

    80% confidence
  • As society moves towards net-zero emissions, Shell expects its operating plans and outlooks to reflect this movement

    80% confidence
  • Shell reached $5 billion of cost savings since 2022, with more to come

    80% confidence
  • Shell generated free cash flow of $26 billion in 2025

    80% confidence
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What we're seeing
Late-2026 Biotech Catalyst Season: FDA Decisions and Pivotal Readouts Converge Across Oncology, Hepatology and Cardiometabolic
Mid-November 2026 is dense with scheduled biotech catalysts. The ivonescimab BLA PDUFA date is 2026-11-14, the lorundrostat PDUFA date is 2026-12-22, and Phase 3 ECLIPSE hepatitis delta data are due in Q1 2027. Alongside these, siRNA and antibody programs (plozasiran, elebsiran/tobevibart, ianalumab, nipocalimab) reported or presented data at AHA, AASLD, ACR and ASH, while Oryzon advanced iadademstat in AML with Spanish trial authorizations and a planned ALICE-3 Phase III. Late-stage data and regulatory milestones are driving the sentiment. A planned delisting (EGM 2026-11-19, application 2027-01-25) is a separate corporate-structure event with no clear link to the rest.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Where sources disagree
Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
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Shell plc publishes fourth quarter 2025 press release — Source | Via News | Finance Via News