RDS-A - Royal Dutch Shell plc

NYSE - NYSE Delayed Price. Currency in USD
32.90
+0.13 (+0.40%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close32.77
Open33.26
Bid32.71 x 2200
Ask33.00 x 1100
Day's Range32.76 - 33.55
52 Week Range21.26 - 65.62
Volume4,185,730
Avg. Volume6,885,100
Market Cap124.635B
Beta (5Y Monthly)0.85
PE Ratio (TTM)13.45
EPS (TTM)2.45
Earnings DateN/A
Forward Dividend & Yield1.28 (3.89%)
Ex-Dividend DateMay 14, 2020
1y Target Est43.70
  • Italian prosecutor says Eni, Shell aware of bribes in Nigeria case
    Reuters

    Italian prosecutor says Eni, Shell aware of bribes in Nigeria case

    Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would go in corrupt payments to politicians and officials, an Italian prosecutor said on Thursday. Italy's Eni and Shell, who deny any wrongdoing, acquired the OPL 245 offshore field in 2011 for about $1.3 billion from Malabu, a company owned by former Nigerian oil minister Dan Etete.

  • Investing.com

    Crude Oil Lower; OPEC Disputes and Virus Cases Weigh

    Oil markets slipped Friday as the resurgence of Covid-19 cases, particularly in the U.S., the largest consumer in the world, threatened the recovery of crude demand. At 7:30 AM ET (1130 GMT), U.S. crude futures traded 1.2% lower at $40.15 a barrel. The U.S. has recorded around a quarter of the almost 11 million cases worldwide, according to data from Johns Hopkins University, and the number is growing rapidly.

  • Reuters

    Climate battles are moving into the courtroom, and lawyers are getting creative

    Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding action. Today, that number is 1,600, including 1,200 lawsuits in the United States alone, according to data reported Friday by the London School of Economics.

  • Reuters

    Wall Street sees Exxon paring asset values on weakening demand

    Exxon Mobil Corp assets are likely overvalued in light of weak oil-demand outlook, according to Wall Street analysts, and face write-downs as soon as this month. Oil producers BP Plc, Occidental Petroleum , and Royal Dutch Shell have cut billions of dollars off their assets in recent weeks. The oil industry "is clearly altering its view on the value of assets and we would not be surprised if Exxon followed suit," said Cowen analyst Jason Gabelman by email.

  • Reuters

    Thrown for a LOOP: Big U.S. offshore port's crude exports in surprising surge

    Crude exports from the Louisiana Offshore Oil Port (LOOP) are hitting a record high even as U.S. crude exports have fallen as the coronavirus pandemic has chopped worldwide fuel demand. Oil majors Royal Dutch Shell Plc and BP Plc are the main winners from rising LOOP exports, because they pump most of the mid-sour crude exported from the terminal. LOOP largely ships out Mars crude, a medium-sour grade of oil produced from the Mars platform, a joint venture of majority-owner Shell and BP, located about 130 miles (210 km) off the coast of New Orleans.

  • ‘We're seeing reservations start to come back, particularly in air’: AAA Northeast
    Yahoo Finance Video

    ‘We're seeing reservations start to come back, particularly in air’: AAA Northeast

    AAA Northeast’s Robert Sinclair joins The First trade to discuss the difficulties surrounding the summer travel businesses and what these businesses have done to adapt.

  • Coronavirus Takes a Toll on Shell Imposing $15-$22B Write-Offs
    Zacks

    Coronavirus Takes a Toll on Shell Imposing $15-$22B Write-Offs

    Shell (RDS.A) expects second-quarter LNG liquefaction volumes to shrink to 8.1-8.5 million tonnes from its prior-year quarterly output of 8.66 million tonnes.

  • Supermajors Are Flocking To This Booming Oil Frontier
    Oilprice.com

    Supermajors Are Flocking To This Booming Oil Frontier

    Supermajors are flocking to this little-known oil frontier, and many investors still don’t know it exists

  • 'The days of $100 oil are over': Bubba Trading founder
    Yahoo Finance

    'The days of $100 oil are over': Bubba Trading founder

    “The days of $100 oil are over,” says Bubba Trading founder and CEO Todd Horwitz.

  • Oil Markets On Edge As Second Wave Hits
    Oilprice.com

    Oil Markets On Edge As Second Wave Hits

    While hopes of a global economic recovery have kept oil markets afloat, the fear of a second wave of COVID cases is threatening to send oil prices lower

  • Reuters

    U.S. report touts Appalachia's coal, gas future despite concerns

    A Trump administration report released on Tuesday touted a strong future for petrochemicals and coal in the U.S. region of Appalachia, despite concerns that supply gluts, waning demand and potential environmental regulation could limit growth in the industries. "There are tremendous opportunities on the horizon for Appalachia because of the shale gas revolution and the region’s abundant coal reserves," Mark Menezes, the U.S. under secretary of energy, told reporters in a call about the report called "The Appalachian Energy and Petrochemical Renaissance." The administration of President Donald Trump has pursued a policy of boosting fossil fuel production while slashing environmental regulations.

  • ‘The days of $100 a barrel oil are over’ as demand continues to wane: Bubba Trading Founder
    Yahoo Finance Video

    ‘The days of $100 a barrel oil are over’ as demand continues to wane: Bubba Trading Founder

    Oil giant Royal Dutch Shell will write down $22 billion in assets over the coronavirus crisis. Bubba Trading Founder Todd Horwitz joins Yahoo Finance’s On The Move panel to assess the state of oil markets.

  • Oil Loses Ground As Traders Take Profits Under The $40 Level
    FX Empire

    Oil Loses Ground As Traders Take Profits Under The $40 Level

    Oil fails to get upside momentum in absence of additional bullish catalysts.

  • Shell Is Taking Up to a $22 Billion Asset Writedown
    Motley Fool

    Shell Is Taking Up to a $22 Billion Asset Writedown

    After lowering its mid- and long-term energy price outlook, the company will take post-tax impairment charges of between $15 billion and $22 billion in the second quarter.

  • Barrons.com

    Royal Dutch Shell Stock Falls as Oil Major Warns of $22 Billion Hit. But It Could Bounce Back

    Royal Dutch Shell said in a trading update on Tuesday it expects to take a hit of up to $22 billion from lower demand after the coronavirus pandemic

  • Bloomberg

    Shell and BP's Debt Problems Are Getting Worse

    (Bloomberg Opinion) -- The pandemic has now forced both of the U.K.’s oil majors to slash the value of their assets by billions of dollars. This is more than just an accounting issue for BP Plc and Royal Dutch Shell Plc. In the real world, it makes it even harder for them to meet targets for cutting leverage — targets they were already straining to hit.Shell said on Tuesday it would take a $15 billion to $22 billion post-tax impairment charge after cutting its long-term view on oil and gas prices. BP warned earlier in June of potentially $18 billion in impairments.Whereas most non-financial companies assess leverage by comparing some measure of cash flow to net debt, BP and Shell do not. They use “gearing,” or net debt as a percentage of both net debt and equity. That equity number is the wildcard. If it suddenly falls, as happens with impairments, then gearing goes up. Shell says the impact of its impairments will push up gearing by three percentage points.Both BP and Shell are now even further away from their gearing goals. Shell aspires to about 25%. The measure rose steadily throughout 2019, and was 29% in the first quarter of 2020. BP’s gearing was last at 36%, against a target range of 20%-30%.It has always been easy to explain away or divert attention from repeated misses on these targets, as though they don’t really matter. Forthcoming disposal proceeds would bring gearing down, the companies would say. Shell could point to juicy cash returns to shareholders in dividends and buybacks. It’s hard to pay off debt when you’re doing that. On analyst calls, gearing is played down as a “noisy” number and just one among many ways of measuring leverage.But today, debt reduction is becoming important. ​​​The oil price will probably be volatile for some time, so balance sheets need a cushion. Investors have historically afforded a loftier valuation to the less highly geared U.S. oil majors. If gearing targets haven’t worked in the past, are there better ways of holding BP and Shell to account for attacking their debt piles?Shell has reduced its dividend, and analysts expect BP to follow. That will help. But it’s worth considering scrapping the existing gearing targets and starting over. One option would be to fall in with the rest of the corporate pack and measure leverage using cash flow metrics. That would be more helpful in assessing the ability to service debt. It’s probably also more in tune with how these companies manage their finances day to day.If gearing really is the best measure of leverage, then BP and Shell are going to need to set out a credible plan for getting it back down over time. Otherwise pick another type of target — one that can be met.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • TheStreet.com

    Micron, Royal Dutch, Jerome Powell- 5 Things You Must Know Tuesday

    Stock futures slip as Federal Reserve Chairman Jerome Powell warns an economic recovery could stall if the coronavirus isn't contained; Uber is in talks to buy Postmates.

  • TheStreet.com

    Oil Majors Mixed - Royal Dutch Sees Up to $22 Billion Charge

    Global oil company Royal Dutch Shell expects a post-tax second-quarter charge of $15 billion to $22 billion due to lower oil prices.

  • Barrons.com

    Uber Is Climbing, Royal Dutch Shell Is Falling, and More Pre-Market Movers

    The S&P 500 has gained 18.1% so far this quarter, putting it on pace for the best quarter since 1998. Royal Dutch Shell and Uber stocks are in play.

  • Shell Warns of Record Writedown as Virus Curbs Oil Demand
    Bloomberg

    Shell Warns of Record Writedown as Virus Curbs Oil Demand

    (Bloomberg) -- Royal Dutch Shell Plc said it will write down between $15 billion and $22 billion in the second quarter, as the company gave investors a wider glimpse of just how severely the coronavirus crisis has hit Big Oil.The impairment is the firm’s largest since Royal Dutch Petroleum Co. and Shell Transport & Trading Co. merged in 2005, and shows how the pandemic has left no part of the energy giant’s sprawling business unscathed. Shell lost money from pumping oil, fuel sales fell and shipments of everything from liquefied natural gas to petrochemicals suffered.The lockdown-induced slump has permeated through the entire industry, which is reassessing both the value of its assets and longer-term business models. Shell’s large LNG business, which is central to its vision of the future of energy, is seen taking the biggest hit.“We see material downside for second-quarter earnings,” Banco Santander SA analyst Jason Kenney said. Despite a possible weaker performance relative to its peers, the Spanish bank still sees potential upside in the stock, as the bad news was largely anticipated.The drop in demand comes as little surprise. Oil majors’ earnings took a beating in the first quarter, and the companies warned that things would only get worse as the full impact of the pandemic started to be felt in March. Despite a recent rebound in consumption in some of the worst-hit countries, resurgent waves of the virus show the recovery remains fragile.Oil-product sales volumes will be 3.5 million to 4.5 million barrels a day in the second quarter, down from 6.6 million a year earlier, driven by a “significant drop” in demand because of the pandemic, Shell said Tuesday in a statement ahead of quarterly results on July 30.Shell also flagged that its upstream unit, traditionally the company’s core business, will suffer a loss in the second quarter. The division, which is responsible for pumping oil across the world, will take an impairment charge of $4 billion to $6 billion, mostly from North American shale and Brazilian assets.Shell said it has revised its mid- and long-term pricing and refining margin outlook, and expects gearing -- a measure of debt -- to increase by as much as 3% due to the impairment charges.The company’s B shares fell as much as 2.6% and traded down 2.3% at 1,241.40 pence as of 1:26 p.m. in London.Drastic ChangesThe coronavirus has exposed the vulnerability of some of the world’s biggest oil and gas companies, but also given them an opportunity to make investors swallow some unpleasant remedies. Since the pandemic started, Shell and BP Plc have made drastic changes to their businesses, from multibillion-dollar writedowns to big cuts to dividends and jobs.They explained these moves as responses to the dual threats of the lockdown-induced oil slump and the growing pressure to cut carbon emissions. BP has said oil and gas prices will be lower than expected in the coming decades as the virus hurts long-term demand and accelerates the shift to cleaner energy.Second-quarter performance at Shell’s in-house trading unit, which can be a boon when other parts of the business are hurting, is expected to be “below average,” the company said. Still, trading and optimization will offset “significantly lower” refining margins.When Shell reports its results next month, the market will be focused on the company’s outlook and any green-shoot developments, said Jefferies analyst Jason Gammel. The market is getting closer to balancing, he said, and while this isn’t necessarily bullish, “it’s better…it’s bad but it’s better.”The company indicated there was more pain to come from LNG sales, which have a price lag of three to six months compared with oil. The impact of crude prices on LNG margins became “more prominent” from June.Longer term, Shell is optimistic about the LNG market, with Chief Executive Officer Ben van Beurden telling Bloomberg in an interview in May that he expects the market to recover to pre-virus levels.In April, Van Beurden cut the company’s dividend for the first time since the Second World War. Last month, the Anglo-Dutch major said it would be well-placed to boost shareholder payouts again once the oil market recovers.“This morning’s announcement will cement the view that dividends will take longer to get back to their pre-crisis level than originally thought,” said The Share Centre analyst Helal Miah.(Adds analyst comment in 13th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Health Concerns Hurts Sentiment, Royal Dutch Reveals Writedown
    FX Empire

    Health Concerns Hurts Sentiment, Royal Dutch Reveals Writedown

    Stocks are in the red this morning as a mixture of health concerns and political tensions are weighing on sentiment. The Covid-19 crisis is still hanging over the markets, especially now that some US states are pausing or reversing the reopening of their economies.

  • GlobeNewswire

    Voting Rights and Capital

    Voting Rights and Capital In conformity with the Disclosure Guidance and Transparency Rules, we hereby notify the market of the following: Royal Dutch Shell plc's.