Shell stock: buyback questions linger after Q4 chemicals warning, shares bounce back
Shell warned its Chemicals and Products segment will be below break-even in Q4, with chemicals margins dropping to $140 a tonne and weaker trading results. Shares rose 3.0% Friday after a sharp fall Thursday, closing at £26.40. Analysts questioned whether Shell can maintain its $3.5 billion quarterly buyback pace. Full results are due Feb. 5.