72.55 +0.01 (0.01%)
After hours: 4:00PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||71.83 - 72.77|
|52 Week Range||53.50 - 74.60|
|PE Ratio (TTM)||23.25|
|Forward Dividend & Yield||3.76 (5.12%)|
|1y Target Est||79.33|
Shell posted its best quarterly profits in years in Q1 but Wall Street was unimpressed by the results, wanting better shareholder returns from the oil major
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. In the past 10 years Royal Dutch ShellRead More...
Shell posted a rise in quarterly profit Thursday, but shares fell. U.K. stocks climbed Thursday, rising alongside a leap in European stocks, with the moves coming a day after London-listed blue-chips broke their longest winning streak in nearly a year. The FTSE 100 index (^FTSE) rose 0.6% to end at 7,421.43, fighting its way out of the red.
LONDON , April 26, 2018 /PRNewswire/ -- Pursuant to Listing Rule 9.6.14R, Royal Dutch Shell plc (the "Company") (NYSE: RDS.A) (NYSE: RDS.B) confirms that Gerrit Zalm , a Non-executive Director ...
Royal Dutch Shell (RDSa.L) said on Thursday it would write down its reserves in the Groningen gas field, one of Europe's largest, following the Dutch government's decision to phase out production by 2030. The Anglo-Dutch company holds a 50 percent stake in the field, which has seen production reduced in recent years following a series of damaging earthquakes. Shell said it expects to write off an estimated 0.5 to 0.65 billion barrels of oil equivalent in 2018.
Royal Dutch Shell said on Thursday it would write down its reserves in the Groningen gas field, one of Europe's largest, following the Dutch government's decision to phase out production by 2030. The Anglo-Dutch company holds a 50 percent stake in the field, which has seen production reduced in recent years following a series of damaging earthquakes. Shell said it expects to write off an estimated 0.5 to 0.65 billion barrels of oil equivalent in 2018.
Shell (RDS.A) generated cash flow from operations of $9,427 million, helping it to cover cash dividend payments and interest.
Royal Dutch Shell rode the surge in oil prices to even greater heights, posting a profit not seen since the days of $100 a barrel.
Oil prices are buoyant, oil major earnings appear to be looking up, but the oil industry is still entering an "age of restraint" rather than expansion, according to the co-head of European equity research at Goldman Sachs.
Royal Dutch Shell reported on Thursday a 42 percent rise in first-quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts. Expectations are high for Shell to continue generating strong profits and cash flow after the Anglo-Dutch company beat larger rival Exxon Mobil on both fronts in 2017 thanks to its cost cuts and higher efficiencies. "The focus for the big oils in recent months has been the return to free cash flow, particularly given how strong Q1 normally is seasonally for the group," analysts at Barclays said in a note, which had said it expected a negative share reaction.
Royal Dutch Shell reported on Thursday a 42 percent rise in first-quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts. Expectations are high for Shell to continue generating strong profits and cash flow after the Anglo-Dutch company beat larger rival Exxon Mobil on both fronts in 2017 thanks to its cost cuts and higher efficiencies.
LONDON—Rising crude prices are supercharging earnings at the world’s major oil firms, but investors may need more convincing that Big Oil is back. Sharply climbing oil prices—and years of cost cutting when they were low—are rewarding some of the world’s largest oil producers with profits not seen since crude was trading around $100 a barrel. Today, international crude is back comfortably above $70 a barrel, and oil companies have enjoyed three months of strong pricing for their crude.
Britain's FTSE was flat on Wednesday, failing to ride a timid bounce by European shares as a missed cash flow forecast from Royal Dutch Shell (RDSa.L) disappointed investors and weighed heavily on the blue chip index . The FTSE (.FTSE) was flat at 0904 GMT, slightly below the broader European market boosted by encouraging corporate results at the exception of Germany's DAX (.GDAXI), which suffered from airline Lufthansa's weak earnings. Despite a 42 percent rise in first-quarter profit on stronger oil price, shares in Shell, a FTSE heavyweight, fell 2.9 percent as cash flows fell short of investors' strong expectations.
, which is leading the charge into cleaner-burning natural gas among Western majors, discovered that again last quarter. The fly in the ointment, like the quarter before, is Shell’s declining output of liquid fuels—crude oil and natural gas-drilling byproducts such as ethane—which means that it can’t fully reap the benefits of rebounding oil prices like European rival Total, which boosted its output by 14% on the year last quarter. While Shell is producing more oil from its continuing operations, its disposals of oil sands and other assets means total volumes were down 4% from a year earlier.
The The Hague, Netherlands-based company said it had profit of $1.40 per share. Earnings, adjusted for non-recurring gains, came to $1.28 per share. The results surpassed Wall Street expectations. The ...
European oil major Royal Dutch Shell's (RDS.A) profit growth further confirms the industry's resurgence from the deep oil slump.
THE HAGUE, Netherlands , April 26, 2018 /PRNewswire/ -- SUMMARY OF UNAUDITED RESULTS $ million Quarters Definition Q1 2018 Q4 2017 Q1 2017 %1 Income/(loss) attributable to shareholders 5,899 3,807 3,538 ...
The Board of Royal Dutch Shell plc ("RDS" or the "Company") today announced an interim dividend in respect of the first quarter of 2018 of US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share"), equal to the US dollar dividend for the same quarter last year. On November 28, 2017, RDS announced the cancellation of its Scrip Dividend Programme with effect from the fourth quarter 2017 interim dividend. The cancellation means the first quarter 2018 interim dividend and future dividends will be settled entirely in cash, rather than the Company offering a share-based alternative.
PLC on Thursday reported its highest quarterly profit since 2013, as higher oil prices and years of cost cutting boosted earnings. The Anglo-Dutch oil giant said its first-quarter profit on a current cost-of-supplies basis -- a number similar to the net income that U.S. oil companies report -- rose 69% from a year earlier to $5.7 billion. The company delivered more than $5 billion in free cash flow -- a newly important metric for investors concerned about big oil companies’ ability to finance their dividends after the oil price collapsed in 2014.
Royal Dutch Shell increased its profits by 41 per cent in the first quarter, driven by higher oil prices, increased production and lower costs. The results highlighted the resurgence in oil industry profitability ...
LONDON (AP) — Energy company Royal Dutch Shell says first-quarter earnings rose 67 percent, boosted by a rebound in oil prices and growth in its natural gas business.
Apr.26 -- Bloomberg's Kelly Gilblom discusses investors' eagerness to be paid back for sticking with the oil conglomerate through a slump on "Bloomberg Markets: European Close."
Royal Dutch Shell has reported a 42 percent rise in first-quarter profit to its highest in more than three years on stronger oil prices and production. As Ivor Bennett reports, French oil and gas major Total is also enjoying the high price environment saying it will surpass its 2018 output target.
Jason Gammel, senior oil and gas analyst at Jefferies, discusses Royal Dutch Shell’s results and the broader oil market.