Shell Profits Nearly Double to $10.8 Billion as Refining Margins Hit Record
Published . Updated .
This report is about refining.
Directly affected
- SHEL Shell+0.1% 13d
Named in this report.
Indirectly affected
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story.
- VLO Valero Energy+0.7% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story.
- MPC Marathon Petroleum+13.1% 9d
Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story.
- PSX Phillips 66+12.1% 30d
Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story.
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| SHEL | +0.66% | +1.71% | base | +2.44% | +3.42% | after close | after close |
| CRAKNo price data for this ticker | — | — | — | — | — | — | — |
| XLE | -1.29% | +1.72% | base | +0.37% | +2.25% | after close | after close |
| VLO | +9.72% | +9.74% | base | -2.04% | +2.98% | after close | after close |
| MPC | +4.26% | +6.82% | base | -3.49% | +0.91% | after close | after close |
| PSXNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -2.14% | +1.35% | base | +0.18% | +2.84% | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Shell Profits Nearly Double to $10.8 Billion as Refining Margins Hit Record Crude Oil Prices Today | OilPrice.com
Energy
| Company | When | Move | Status |
|---|---|---|---|
| MPC | that day | -3.49% | final price |
| MPC | the next day | +0.91% | final price |
| MPC | three days earlier | +6.82% | final price |
| MPC | five days earlier | +4.26% | final price |
| SHEL | that day | +2.44% | final price |
| SHEL | the next day | +3.42% | final price |
| SHEL | three days earlier | +1.71% | final price |
| SHEL | five days earlier | +0.66% | final price |
| VLO | that day | -2.04% | final price |
| VLO | the next day | +2.98% | final price |
| VLO | three days earlier | +9.74% | final price |
| VLO | five days earlier | +9.72% | final price |
| XLE | that day | +0.37% | final price |
| XLE | the next day | +2.25% | final price |
| XLE | three days earlier | +1.72% | final price |
| XLE | five days earlier | -1.29% | final price |
| XOM | that day | +0.18% | final price |
| XOM | the next day | +2.84% | final price |
| XOM | three days earlier | +1.35% | final price |
| XOM | five days earlier | -2.14% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 15 Oct 2026. That is 14 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 37 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 15 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 59 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 90 days before publication. Filed 22 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
25 out of 100
“Shell Profits Nearly Double to $10.8 Billion as Refining Margins Hit Record” scores 25 out of 100. The score uses 2 sources.