Shell's first-quarter profit soared 42% to its highest level in more than three years

Due to cost reductions and efficiency gains, after Shell defeated ExxonMobil, the larger rival, in two ways in 2017, it is expected that Shell will continue to create strong profits and cash flow this year. Although profits exceeded expectations by an average of $5.3 billion, Shell's share price fell by 2.1% due to lower than expected cash flow. Barclays analysts said in a report that in the past few months, external concerns about large oil companies have been the return of cash flow, especially considering that strong first-quarter profit is usually Seasonal. Barclays analysts have said they expect negative stock reactions.

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