Sinead Gorman

Chief Financial Officer, Shell

Search every verified Sinead Gorman interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Sinead Gorman, Chief Financial Officer at Shell, presented the company’s second quarter 2026 results alongside CEO Wael Sawan on July 30, 2026. Gorman reported adjusted earnings of $9.8 billion for the quarter and over $21 billion in cash flow from operations, despite ongoing disruptions in the Middle East. She noted that net debt was reduced to approximately $42 billion, or $12 billion excluding leases, and announced a $3 billion share buyback program expected to be completed by the company’s Q3 results announcement in October. She also stated that Shell would complete the portion of a previous buyback program that had been halted due to regulatory restrictions associated with the ARC transaction. During the analyst Q&A session, Gorman addressed questions on shareholder distributions, stating that Shell maintains a commitment to delivering a 40-50% payout ratio through the cycle, while making decisions on the split of buybacks and dividends quarter by quarter. She discussed the potential for free cash flow growth from the ARC acquisition, which she said could add roughly $1.5 billion per year once completed, and mentioned that a final investment decision on LNG Canada phase 2 was targeted before the end of 2026, subject to approvals. Gorman also emphasized that Shell’s trading and supply business continues to deliver a 2-4% return on sales, with performance at the upper end of that range during periods of volatility.