Natural gas trading delivered blow-out results for Shell plc in the final quarter of 2022, fueled by stronger LNG sales.


CEO Wael Sawan, helming his first conference call since taking over, joined CFO Sinead Gorman on Thursday from London, as they dissected fourth quarter and 2022 results. Sawan formerly led the Integrated Gas unit. He took the reins earlier this year from CEO Ben van Beurden, who has retired.

The Integrated Gas results for 4Q2022 were exceptional, but Gorman cautioned that one quarter does not a year make.

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