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Q2'26 outlook sees lower production but stronger trading, with margin volatility persisting.

AGM highlighted robust results, energy transition progress, and active shareholder debate.

Strong Q1 earnings, ARC acquisition, and increased shareholder returns amid global volatility.

Acquisition accelerates growth, delivers strong synergies, and boosts long-term free cash flow.

Higher earnings expected in Marketing and Renewables, but production faces geopolitical headwinds.

2025 saw strong earnings, early cost cuts, record LNG sales, and continued shareholder returns.

Q3 delivered strong earnings, record upstream output, and a $3.5B buyback amid portfolio shifts.

Q3'25 outlook sees higher LNG, upstream output, and refining margins, but chemicals losses persist.

Strong Q2 results with $4.3B earnings, LNG Canada startup, and continued cost discipline.

Q1 2025 delivered $5.6B earnings, $11.9B cash flow, and a $3.5B buyback amid portfolio shifts.

Extending >10% FCF/share growth to 2030, raising cost savings, and boosting distributions.