72.61 -0.09 (-0.12%)
After hours: 4:11PM EDT
|Bid||72.22 x 200|
|Ask||72.99 x 100|
|Day's Range||72.29 - 72.88|
|52 Week Range||53.56 - 76.99|
|PE Ratio (TTM)||23.30|
|Forward Dividend & Yield||3.76 (5.17%)|
|1y Target Est||80.33|
Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that’s at the heart of environmental and human rights controversies for $2 billion, according to people familiar with the plan. The Anglo-Dutch oil major is discussing selling oil mining licenses 11 and 17 to Heirs Holding Ltd., a company run by Nigerian tycoon Tony Elumelu, the people said. Included in the sale are infrastructure assets such as a natural gas-fired power plant that would be managed by Transnational Corporation of Nigeria Plc, another company run by Elumelu, they said.
In this morning's lineup are the following stocks: BP PLC (NYSE: BP), Chevron Corp. (NYSE: CVX), Encana Corp. (NYSE: ECA), and Royal Dutch Shell PLC (NYSE: RDS-A). On Thursday, shares in London, UK headquartered BP PLC recorded a trading volume of 6.66 million shares, which was above their three months average volume of 6.61 million shares.
Let’s now look at analysts’ ratings for ExxonMobil (XOM), which is set to release its second-quarter results on July 27. Of the 21 analysts covering XOM, seven (33%) recommend “buy” or “strong buy,” 12 (57%) recommend “hold,” and two (10%) recommend “sell” or “strong sell.”
Shell (RDSa.L) plans to resume normal operations within hours at its oil refinery in Wesseling in western Germany after a power cut external to its site triggered security measures and flaring, a spokesman said on Wednesday. Refinery monitor Genscape said in a report that all units were shut at around 1313 GMT on Wednesday at the 140,000 barrel per day refinery. In a recorded German phone message, the refinery said it had experienced an "event with external effect" and advised residents to listen to police and fire brigade announcements.
A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a C$40 billion ($30 billion) liquefied natural gas terminal that could at last unlock energy exports to Asia. The action is unmistakable in Kitimat, British Columbia, the Pacific coast city hugging a deep inlet that would be the closest launch point on the continent for LNG cargoes to Asia. The lights are on, shades open and SUVs parked outside a 49-unit apartment complex built to house Shell executives, which sat mostly darkened for the last two years.
Royal Dutch (RDS.A) is a pretty good value pick, as it has decent revenue metrics to back up its earnings and is seeing solid earnings estimate revisions as well.
Short interest in Royal Dutch Shell (RDS.A), expressed as a percentage of outstanding shares, has fallen from 0.11% on June 6 to the current level of 0.09%. Usually, everything else being equal, a decline in short interest could indicate a decrease in bearish sentiment for a stock. Also, during this period of falling short interest, Shell’s stock price rose 0.5%.
The prospects for a massive gas export plant on Canada’s Pacific Coast are looking bright, according to executives of service companies that would have a hand in supporting the facility. LNG Canada, the Royal Dutch Shell Plc-led group that’s considering building a C$40 billion ($30 billion) liquefied natural gas facility in British Columbia, is giving every indication that it’s planning to approve the project, the executives said at a panel in Calgary on Wednesday. A flurry of activity this year in the remote Pacific town of Kitimat, where the facility would be located, has raised optimism that the project will be built, giving Canada a long-sought way to export its energy products to Asia.
On July 5, 2018, industry leaders met in London for Shell Powering Progress Together to discuss this year's topic: The Future of Mobility: Visions of Transportation in 2040, according to Shell Global. In response to an audience member's question, as reported by Energy Voice, Royal Dutch Shell plc (ADR) (NYSE: RDS-A) CEO Ben van Beurden expressed his support of the 2040 ban, going so far as to suggest that speeding up the ban could be even more beneficial.
In this part, we’ll review Royal Dutch Shell’s (RDS.A) forward valuations ahead of its earnings scheduled on July 26, 2018.
In this series, we’ve reviewed Royal Dutch Shell’s (RDS.A) Q2 2018 estimates, segment-wise prospects, stock returns, and stock price forecast ahead of its expected earnings release on July 26, 2018. Nine analysts are currently covering Shell (RDS.A). Eight analysts have assigned a “buy” or “strong buy” rating to the stock, and one has assigned a “hold” rating.
In this part, we’ll look at Royal Dutch Shell’s (RDS.A) stock price forecast range for the period until its earnings. Shell is expected to post its Q2 2018 earnings on July 26. This price range forecast will be based on the current level of implied volatility in Shell.
MELBOURNE, Australia—The initial public offering of commodity trader Vitol Group’s Australian fuel supply and marketing business has been priced at the bottom end of the indicative range. Depending on what stake Vitol and its partners retain in Viva Energy Australia, the float could raise between 2.4 billion Australian dollars (US$1.79 billion) and A$2.89 billion, making it the biggest IPO in Australia for several years.
Royal Dutch Shell Plc shut the crude distillation unit and coker at its 218,200 barrel-per-day (bpd) Norco, Louisiana, refinery overnight for at least a month's planned maintenance, sources familiar with plant operations said on Tuesday. Shell spokesman Ray Fisher declined to comment. The 240,000 bpd DU-5 CDU and 25,000 bpd coker were expected to shut at least a month for the work, the sources said.
Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher. One union said hundreds more workers would join the strike on Sunday if an agreement over union demands for a wage increase and pension rights was not reached. Royal Dutch Shell (RDSa.L) said that due to the strike it was temporarily closing production at its Knarr field, which has a daily output of 23,900 barrels of mostly oil, but also natural gas liquids and natural gas.
In this article, we’ll analyze Royal Dutch Shell’s (RDS.A) segmental earnings performance in Q1 2018 and then move onto Shell’s Q2 2018 earnings expectations. Shell’s adjusted profit rose by 41% YoY due to a threefold rise in upstream earnings in Q1 2018 over Q1 2017, which was mainly led by higher oil prices. Also, Shell’s integrated gas earnings doubled year-over-year in Q1 2018 led by higher volumes and realizations. However, Shell’s downstream earnings declined by 33% YoY in the first quarter due to the weaker refining environment.
Although some states, like Alaska and North Dakota, are cutting jobs, other states are more than making up for the slack. Here are the 10 states where job growth is at an all-time high.
Royal Dutch Shell (RDS.A) is expected to release its Q2 2018 results on July 26. Before we review the Q2 2018 estimates, we’ll recap Shell’s Q1 2018 performance compared to the estimates.