RDS-B - Royal Dutch Shell plc

NYSE - NYSE Delayed Price. Currency in USD
44.14
-2.18 (-4.71%)
At close: 4:02PM EST

44.19 +0.05 (0.11%)
After hours: 7:05PM EST

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Previous Close46.32
Open45.10
Bid44.01 x 1800
Ask44.20 x 800
Day's Range44.06 - 45.49
52 Week Range44.06 - 67.45
Volume10,888,564
Avg. Volume3,254,316
Market Cap164.651B
Beta (5Y Monthly)0.82
PE Ratio (TTM)11.32
EPS (TTM)3.90
Earnings DateN/A
Forward Dividend & Yield3.76 (8.12%)
Ex-Dividend DateFeb 12, 2020
1y Target Est77.75
  • GuruFocus.com

    Battered Energy Stocks Are Now Alluring

    How value investors can distinguish clarion calls for divestment from the reality of world energy demand Continue reading...

  • GlobeNewswire

    Transaction in Own Shares

    Transaction in Own Shares 27 February 2020 • • • • • • • • • • • • • • • • Royal Dutch Shell plc (the ‘Company’) announces that on 27 February 2020 it purchased the following.

  • Reuters

    Norway wealth fund earned a record $180 bln in 2019

    Norway's sovereign wealth fund, the world's largest, made a 19.9% return on investment last year, earning a record 1.69 trillion Norwegian crowns ($180.49 billion), it said on Thursday. The $1.1 trillion fund's return for the year was stronger than that of its benchmark index, it added.

  • Shell Plans Major Drilling in Mexico, But Oil May Take a Decade
    Bloomberg

    Shell Plans Major Drilling in Mexico, But Oil May Take a Decade

    (Bloomberg) -- Royal Dutch Shell Plc is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government.The global oil major plans to drill four wells this year, and a similar amount next year, said Alberto de La Fuente, Shell’s Mexico country chief. It’s part of a drilling campaign that will include 10 to 13 wells and cost from $800 million to $2.4 billion.Shell has a major position in Mexico’s deep-waters at a time when access is hard to come by. Mexico’s new government under Andres Manuel Lopez Obrador, also known as AMLO, has promised to reverse the neoliberal policies of his predecessor and has canceled further auctions and joint-venture opportunities with state owned Petroleos Mexicanos.“First oil, if we are successful, is unlikely to occur before the end of AMLO’s term, due to the complexity of deep-water fields, which can take anywhere from five years to a decade to start producing,” De La Fuente, who’s also president of AMEXHI, the national hydrocarbons association, said in an interview with Bloomberg.Lopez Obrador, who came into office in December 2018, has said that oil companies must demonstrate significant commercial production before he will consider re-opening competitive auctions. Yet drillers say that this is a difficult feat, particularly in deep-waters, where the timeline is likely to extend beyond the government’s six-year term.Deep-Water AuctionsShell won the rights to nine areas in much-lauded deep-water auctions after Mexico opened the energy industry to private investment in 2014 after almost eight decades in which Pemex held a monopoly. The chance to develop the largely unexplored territory, believed to mirror lucrative fields on the U.S. side of the Gulf of Mexico, lured the world’s top oil producers, including Exxon Mobil Corp, BP Plc and Total SA.Chevron Corp. bought a 40% stake in three of Shell’s deep-water blocks in October.“We have almost 20,000 square kilometers of acreage across all of our nine deep-water blocks in Mexico, which is one of Shell’s largest operated deep-water exploration positions globally,” De la Fuente said.This month Shell was granted approval by the National Hydrocarbons Commission, or CNH, to drill its second ultra-deep-water exploratory well, Max-1. It has leased the La Muralla IV platform owned by Mexican company Grupo R SA.“The contract will allow us to drill three deep-water wells with Grupo R, and it could be as many as eight, depending on how it evolves and what we find,” said De La Fuente. “Imagine having 2,000 square kilometers for the block we’re currently drilling, and you have to drill one well which is a few inches in diameter and make sure it’s successful.”To contact the reporter on this story: Amy Stillman in Mexico City at astillman7@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Mike JeffersFor 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.

  • Reuters

    Apache Corp, Pharos Energy among bidders for Shell's Egypt onshore assets-sources

    DUBAI/LONDON, Feb 26 (Reuters) - Royal Dutch Shell's onshore Egyptian oil and gas assets have drawn interest from American, Egyptian, Asian and Middle East bidders, two sources familiar with the matter told Reuters. Shell launched a process at the end of November to sell its onshore upstream assets in the Western Desert to focus on expanding its Egyptian offshore gas exploration. The oil major's Western Desert portfolio includes stakes in 19 oil and gas leases of which Shell's working interest included output of around 100,000 barrels of oil equivalent per day last year, Reuters reported at the time.

  • Jesuit order to ditch fossil fuels from $500 million equity portfolio
    Reuters

    Jesuit order to ditch fossil fuels from $500 million equity portfolio

    Catholic religious order Jesuits in Britain will ditch fossil fuel companies from its $500 million equity portfolio by the end of the year, it said on Wednesday, citing corporate failure to respond quickly to the threat of climate change. Jesuits in Britain, which has 400 million pounds ($517.5 million) invested with three money managers to finance its work, said it is more than halfway through the process of selling out of its holdings in oil majors BP, Shell and Total. "Our trustees took the decision to completely divest from oil, gas and coal-producing companies because they felt these companies were not making enough progress towards better solutions," said Stephen Power, a Brother in the Society of Jesus, which manages the group's ethical investing strategy.

  • Reuters

    Jesuit order to ditch fossil fuels from $500 mln equity portfolio

    Catholic religious order Jesuits in Britain will ditch fossil fuel companies from its $500 million equity portfolio by the end of the year, it said on Wednesday, citing corporate failure to respond quickly to the threat of climate change. "However, the severity of the climate emergency has made it crystal clear that action is needed more than words if climate action is to be effective," Power said.

  • Rigzone.com

    Shell Plans Major Drilling in Mexico

    Royal Dutch Shell is pushing ahead on its massive deepwater drilling plan in Mexico.

  • GlobeNewswire

    Director/PDMR Shareholdings

    NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES.

  • Shell Oil inks partnership with Chicago ticket reseller Vivid Seats
    American City Business Journals

    Shell Oil inks partnership with Chicago ticket reseller Vivid Seats

    The oil behemoth has teamed up with the Chicago-based ticket reseller on a new opportunity to save at the pump and boost ticket sales.

  • GlobeNewswire

    Notification of Major Shareholdings

    TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS 1a. Identity of the issuer or the underlying issuer of existing shares to which voting.

  • Reuters

    Groningen gas production below 11.8 BCM in 2020 - Dutch govt

    Gas production at the Groningen field in the northern Netherlands can be lowered to below the 11.8 billion cubic metres (BCM) initially targeted this year, the government said on Friday. "A further reduction is possible this year: from the expected 11.8 BCM to 10 BCM," it said in a statement. The Dutch government had said it would lower production as quickly as possible to prevent earthquakes caused by extraction.

  • StockBeat: Big Oil Looks Into the Abyss
    Investing.com

    StockBeat: Big Oil Looks Into the Abyss

    By Geoffrey Smith

  • GlobeNewswire

    Royal Dutch Shell advance notice of Q1 2020 results announcement

    ROYAL DUTCH SHELL PLC Notice of Results The Hague, February 21st  2020   -  On Thursday April 30th 2020 at 07:00 BST (08:00 CEST and 02:00 EDT) Royal Dutch Shell plc will.

  • Reuters

    PRESS DIGEST- British Business - Feb 21

    The following are the top stories on the business pages of British newspapers. - Anglo American has insisted that its 405 million pound ($521.68 million) bid for Sirius Minerals is "fair and reasonable" after hedge fund Odey Asset Management joined small shareholders in pushing for a higher offer. - Royal Dutch Shell will not "get into an arms race" with BP over carbon targets, a senior executive has said, in a sign that Europe's biggest oil group will not rush to match its rival's "net zero" pledge.

  • Reuters

    Pioneer Natural CEO calls on investors to divest in companies with high flaring

    The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates of natural gas flaring. The practice of burning off natural gas produced alongside more profitable oil has become a top issue for investors, who are focused on sustainability measures and already are frustrated by a decade of poor financial returns in oil and gas. The idea, Sheffield said during an earnings call, came out of a late January workshop in Austin, Texas, coordinated between Columbia University and the University of Texas at Austin, which brought together producers, pipeline companies, policymakers, non-governmental organizations, academics and analysts to talk about Permian Basin flaring.

  • Oilprice.com

    Shell Sees LNG Market Returning To Balance By 2021

    The supply growth of liquefied natural gas (LNG) on the global market is set to slow down later this year and in 2021 when the last of the new projects currently under construction will be completed

  • Benzinga

    Today's Pickup: Shell Expects To See LNG Demand Double By 2040

    In its annual LNG Outlook report, Shell stated that the worldwide demand for liquefied natural gas (LNG) has shot up by 12.5% to touch 359 million tons in 2019. The oil major expects to see demand double by 2040 because LNG is playing a growing role in shaping a lower-carbon energy system.

  • Asia to absorb LNG supply growth from mid-2020 - Shell
    Reuters

    Asia to absorb LNG supply growth from mid-2020 - Shell

    Asia will be able to absorb most of the growth in liquefied natural gas (LNG) supply from the second half of 2020, with Europe ceasing to be a balancing market, Royal Dutch Shell said on Thursday. Excess cargoes have been sent to Europe in the past year as global LNG supply has been soaring, in particular from projects in the United States and Australia. Mild weather and the coronavirus outbreak in China helped reduce LNG demand in Asia this winter and LNG prices in Asia have dropped to record lows, while European gas prices are wallowing at more than a 10-year low.

  • Oil stocks continue losing streak amid coronavirus fears
    Yahoo Finance Video

    Oil stocks continue losing streak amid coronavirus fears

    Oil stocks are extend their losing streak into day five as fears of the coronavirus continue. Blue Line Futures President Bill Baruch joins Yahoo Finance’s On the Move to discuss.