|Bid||2,151.00 x 30600|
|Ask||2,250.00 x 27200|
|Day's Range||2,153.50 - 2,174.39|
|52 Week Range||1,646.00 - 2,403.68|
|PE Ratio (TTM)||23.23|
|Dividend & Yield||1.88 (6.68%)|
|1y Target Est||31.73|
A joint venture between Royal Dutch Shell and Exxon Mobil said on Wednesday it was considering appealing against a Dutch government plan to cut production at the Groningen gas field by 10 percent. The Dutch state earlier on Wednesday confirmed it intended to go ahead with a tightening of output at the massive field from Oct. 1. The 50-50 Shell-Exxon joint venture known as NAM, said in a reaction that the measure was "disproportionate" and ignored previously agreed safety norms, which do not call for such a large reduction.
Integrated energy companies such as ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) are steady dividend-paying companies.
Royal Dutch Shell plc (RDS.A) was recently criticized for failing to set an annual greenhouse gas reduction target in line with the Paris climate agreement.