What was the key factor contributing to BP's impressive results?
Shell Boosts Share Buybacks to $2.5 Billion on Cash Flow Surge
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The video discusses the recent financial performances of Shell and BP. Shell missed analyst expectations but achieved its highest cash flow in a decade, announcing a new share buyback program. In contrast, BP exceeded profit estimates due to rising crude prices and successful upstream projects. Both companies are focusing on strategic financial moves, with Shell aiming to regain investor trust through share buybacks, while Total emphasizes capital discipline.
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What is Shell focusing on to regain investor trust?
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