RDSA.AS - Royal Dutch Shell plc

Amsterdam - Amsterdam Delayed Price. Currency in EUR
25.92
-0.21 (-0.80%)
At close: 5:37PM CEST
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Previous Close26.12
Open26.20
Bid0.00 x 0
Ask0.00 x 0
Day's Range25.91 - 26.26
52 Week Range24.52 - 29.40
Volume7,277,025
Avg. Volume7,588,391
Market Cap205.029B
Beta (3Y Monthly)0.92
PE Ratio (TTM)10.44
EPS (TTM)2.48
Earnings DateOct 31, 2019
Forward Dividend & Yield1.70 (6.52%)
Ex-Dividend Date2019-08-15
1y Target Est36.37
  • Reuters

    Canadian East Coast LNG export plans progress with Pieridae's Shell deal

    Pieridae Energy moved closer to building a liquefied natural gas (LNG) export terminal on Canada's East Coast after taking ownership of fields from Royal Dutch Shell which will feed gas into the plant, the company said. The Goldboro LNG terminal would be the first on Canada's East Coast and compete with the growing number of plants on the U.S. Gulf Coast, hoping its shorter distance to Europe and further west will help sell its LNG by cutting shipping costs.

  • Reuters

    Canadian E.Coast LNG export plans progress with Pieridae's Shell deal

    Pieridae Energy moved closer to building a liquefied natural gas (LNG) export terminal on Canada's East Coast after taking ownership of fields from Royal Dutch Shell which will feed gas into the plant, the company said. The Goldboro LNG terminal would be the first on Canada's East Coast and compete with the growing number of plants on the U.S. Gulf Coast, hoping its shorter distance to Europe and further west will help sell its LNG by cutting shipping costs.

  • Behind The List: No. 1 energy employer in Houston sees drop in global revenue
    American City Business Journals

    Behind The List: No. 1 energy employer in Houston sees drop in global revenue

    Despite its No. 1 spot on the Houston Business Journal's 2019 Largest Houston-Area Energy Employers List, Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM) has seen a large drop off in global revenue since 2014. The company reported a global revenue of $279.33 billion in 2018, a 32 percent decrease since 2014, when it reported $421.11 billion in global revenue. The company’s lowest reported revenue was in 2016, when it reported $218.61 billion.

  • Reuters

    UPDATE 1-Shell aims to operate Egypt concessions in H2, 2020

    Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said. Shell won three oil and two gas concessions in Egypt in February. Eni, BP and Exxon Mobil also won some of a total of 12 tenders as Egypt looks to sustain an investment upswing spurred by major discoveries.

  • Oilprice.com

    A Draconian Crackdown Looms Over Natural Gas

    Natural Gas is coming up against increasingly strong resistance from environmental activists and the public in general, leading some to question whether it will face the same fate as coal

  • China Beats U.S. 8-1 When It Comes to Charging Electric Cars
    Bloomberg

    China Beats U.S. 8-1 When It Comes to Charging Electric Cars

    (Bloomberg) -- There are almost as many places to charge your electric vehicle in Beijing as there are in the entire United States.China, the world’s biggest market for EVs, has about eight public chargers for each one in the U.S., according to the latest counts. That imbalance likely will become more pronounced as China champions the technology spurring automakers to pivot away from gas guzzlers and accelerates its rollout of electric pumps, enlisting energy giants Royal Dutch Shell Plc and BP Plc along the way.A new-energy vehicle development plan under consideration by Chinese officials and intended to shape the sector through 2035 will set new goals for boosting the number of public and private chargers, a person familiar with the proposal said in September. The nation is said to be weighing a target for 60% of all automobiles sold to run on electric motors by then.All told, China’s electric fleet may swell to 162 million vehicles by 2040, according to forecasts by BloombergNEF.“The availability of charging facilities has been rising pretty quickly,” said Jing Kai, deputy head of the Beijing unit at Qingdao TGOOD Electric Co., which has the country’s largest network of charging plugs. “The goal is to help EV users charge their cars wherever they go, making it as easy as buying a bottle of water.” China’s Ministry of Industry and Information Technology, which oversees policy making for the auto sector, didn’t respond to a faxed query.EVs are essential to President Xi Jinping’s blueprint for creating a manufacturing superpower by 2025. The nation is building at least 20 “EV towns” for carmakers and ancillary industries, and it spent more than $30 billion subsidizing EV sales. China accounts for more than half of global EV sales.U.S. automakers are moving at a slower pace, with Tesla Inc. generating most EV sales. The U.S. subsidizes some purchases, yet those benefits phase out, and BNEF forecasts sales will slump this year.China had 466,101 public charging points by the end of last month, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance. That includes more than 54,000 in Beijing alone.By comparison, there were 60,652 electric nozzles in the U.S. as of June 25, according to BNEF. California has the most of any state with 19,000 — or about the same amount China adds in an average month.With global EV sales forecast to rise to 56 million units by 2040, compared with about 2 million last year, there’s a need to vastly increase the number of publicly accessible chargers — not just to serve the expanding fleet but also to convince wavering consumers they can switch to electric models without fear of being stuck on the highway with an empty battery.As the speed of charging pumps increases, motorists increasingly are likely to refuel at workplaces, shopping malls or on the highway.In the U.S., automakers such as Tesla and Volkswagen AG are leading the push to add more chargers, including high-speed units. The number of points could surpass 400,000 by 2025, according to a forecast by Wood Mackenzie Ltd.Globally, there could be as many as 20 million public charging points installed by 2030, the International Energy Agency forecasts.Yet even in China, a nation with more chargers than any other, drivers still get frustrated trying to find a spot to juice up.Tom He drives a 25-seater Nanjing Golden Dragon Bus Co. Skywell minivan to shuttle workers between home and workplaces in Beijing, and he can cover as many as 160 kilometers (99 miles) on a single charge.“It’s not that easy to find an EV charging place,” He said. “It drives people crazy when you can’t charge them.” Costs also are a consideration, and it’s not uncommon to see EV owners lining up to use charging stations at night when electricity prices are lower, TGOOD’s Jing said. The company operates more than 131,000 connectors that fit almost all EV models in China, according to data compiled by BNEF.“There’s still a long way to go and a lot of issues we need to crack,” Jing said.Billions of dollars in government funding previously directed at lowering vehicle sticker prices now is being channeled, in part, toward expanding the number of charging stations, industry minister Miao Wei said in March. Some local authorities are offering incentives to lower construction costs for developers and to cut charging fees for consumers.There’s a risk that China is rushing too fast to install chargers, especially since the overall car market recorded falling sales in 15 of the past 16 months. That’s contributing to fears the nation’s EV bubble is bursting.Still, BP and Shell, among the energy industry’s biggest investors in cleaner technologies, are making moves to join China’s expansion.London-based BP in August agreed to form a joint venture with ride-hailing company DiDi Chuxing Inc. The companies opened a pilot site in Guangzhou with 10 fast-charging units.Shell, which has acquired two companies in the charging sector in the past two years, installed its first EV pump at a regular gas station in Tianjin.China’s national rollout means some provinces have more chargers than European nations. The western province of Xinjiang has more public pumps than Turkey or Hungary, while Tibet has more than Belarus and Serbia, BNEF data shows.“It’s a challenging job to become competitive in the charging equipment business, but we kept investing heavily in leading technologies,” said Yu Dexiang, founder of TGOOD. “Companies that fail to do these things in the future will be gradually eliminated.”  \--With assistance from David Stringer, Ying Tian, Hannah Dormido, Leonard Kehnscherper and Kevin Dharmawan.To contact the editor responsible for this story: Michael Tighe at mtighe4@bloomberg.net, Young-Sam ChoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Exclusive: ExxonMobil scouting for potential cracker site in Beaver County
    American City Business Journals

    Exclusive: ExxonMobil scouting for potential cracker site in Beaver County

    Brokers representing the company were in Beaver County last week, talking about a potential petrochemical plant to serve its customers.

  • Barrons.com

    Why Royal Dutch Shell Stock Could Stand Out From Big Oil

    But Royal Dutch Shell Shell could benefit thanks to strong prices for liquefied natural gas, says a Cowen analyst

  • Exclusive: No choice but to invest in oil, Shell CEO says
    Reuters

    Exclusive: No choice but to invest in oil, Shell CEO says

    Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said. Shell, which supplies around 3% of the world's energy, set out in 2017 a plan to halve the intensity of its greenhouse emissions by the middle of the century, based in large part on building one of the world's biggest power businesses. A defiant van Beurden rejected a rising chorus from climate activists and parts of the investor community to transform radically the 112-year-old Anglo-Dutch company's traditional business model.

  • Greenpeace activists climb Shell North Sea platform saying 'clean up you mess'
    Reuters

    Greenpeace activists climb Shell North Sea platform saying 'clean up you mess'

    Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest against plans to leave parts of the giant structures in place after production shuts down. Shell confirmed that protesters boarded the Brent Alpha platform and the Brent Bravo concrete legs.

  • Reuters

    REFILE-Greenpeace activists climb Shell North Sea platform saying "clean up your mess"

    Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest against plans to leave parts of the giant structures in place after production shuts down. Shell confirmed that protesters boarded the Brent Alpha platform and the Brent Bravo concrete legs. Shell is in the process of dismantling the 40-year-old Brent field east of the Shetland islands, in what is known as decommissioning, as its oil and gas reserves dwindle after producing more than 500,000 barrels a day at their peak in the 1980s.

  • Reuters

    UPDATE 3-Brazil raises $2.2 bln in oil auction; Total, Petronas invest big

    Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blocks in Brazil, in what could be a promising sign for even bigger upcoming oil auctions. The most heavily sought after areas in the Thursday auction directly border Brazil's so-called pre-salt area, a coveted zone in which billions of barrels of oil are trapped under a thick layer of salt beneath the ocean floor. The biggest move came from a France's Total SA, which, in a consortium with Malaysia's Petronas and Qatar Petroleum, dropped 4.029 billion reais for one block abutting the pre-salt area.

  • Reuters

    Shell, Mitsubishi, KKR on Eneco auction shortlist -sources

    Royal Dutch Shell, Japan's Mitsubishi Corp and private equity firm KKR have made the final round in an auction for Dutch utility Eneco, three sources close to the matter said. Eneco, estimated by analysts to be worth about 3 billion euros ($3.4 billion), aims to wrap up the process by Christmas. Royal Dutch Shell has teamed with Dutch pension fund manager PGGM while KKR has teamed with Dutch lender Rabobank, the sources said.

  • Which Energy Stocks Should You Consider Pre-Q3?
    Market Realist

    Which Energy Stocks Should You Consider Pre-Q3?

    Energy stocks are slumping due to falling equity markets and plunging oil prices. So far this month, the S&P; 500 Index has fallen 2.8%.

  • Oil Jumps as Rockets Rain on Turkey, Deepening Conflict Worries
    Bloomberg

    Oil Jumps as Rockets Rain on Turkey, Deepening Conflict Worries

    (Bloomberg) -- Oil climbed after simmering tensions between Turkey and Syria erupted into a shooting war, heightening geopolitical concerns on the edge of one of the world’s most important crude-producing regions. Futures rose as much as 2% in New York, halting two sessions of losses. A 2.93 million-barrel increase in U.S. crude inventories that exceeded the forecasts of more than 70% of analysts in a Bloomberg survey wasn’t enough to defuse the bullish momentum.Turkey formally announced the commencement of military intervention in Syria on Wednesday, just days after U.S. President Donald Trump said he wouldn’t stand in the way. That was followed within hours by a report that rockets fired from Syria struck a Turkish town.Oil prices had been on a downward trend after spiking in mid-September in the wake of attacks on Saudi Arabia’s energy industry. Signals that China might accept a limited deal with the U.S., as well as signs of a weakening dollar, were supportive to prices.West Texas Intermediate for November delivery rose 97 cents to $53.60 a barrel at 11:39 a.m. on the New York Mercantile Exchange.Brent for December settlement gained 95 cents to $59.19 on the London-based ICE Futures Europe Exchange. The global benchmark crude traded at a $5.63 premium to WTI for the same month.The Energy Information Administration on Wednesday reported that U.S. inventories of gasoline and diesel last week declined more than analysts in a Bloomberg survey expected. Crude stockpiles at the key storage hub in Cushing, Oklahoma, rose by 941,000 barrels.Meanwhile, the long-running U.S.-China trade deadlock appeared to thaw after Beijing indicated it’s open to reaching a partial trade deal with the U.S. The dispute has weighed on energy markets for months because it undermines global economic growth that dictates fuel demand.Two days of U.S.-China talks start Thursday in Washington. While negotiators aren’t optimistic about securing a broad agreement that would end the trade war, China would accept a partial deal as long as the Trump administration doesn’t impose any more tariffs, according to an official who asked not to be named because the discussions are private.\--With assistance from Elizabeth Low and Alex Longley.To contact the reporters on this story: Joe Carroll in Houston at jcarroll8@bloomberg.net;Sheela Tobben in New York at vtobben@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Joe Carroll, Mike JeffersFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Shell CEO Says Blaming Oil Suppliers Won’t Solve Climate Change
    Bloomberg

    Shell CEO Says Blaming Oil Suppliers Won’t Solve Climate Change

    (Bloomberg) -- The world can’t solve the problem of climate change solely by blaming energy producers like Royal Dutch Shell Plc, said the company’s top executive.Speaking at an event in London that was disrupted by protesters accusing attendees of destroying the planet, Shell Chief Executive Officer Ben van Beurden said the oil industry has to take radical steps to reduce carbon emissions, but consumers must do the same.“It’s us as a society that needs to transform, not just the suppliers of energy,” van Beurden said in a Bloomberg TV interview on the sidelines of the Oil & Money conference on Wednesday. “If you want to decarbonize the energy system, it’s not about forcing people to take lower-carbon supply.”Oil majors are under increasing pressure from investors and the public to move more quickly away from planet-warming fossil fuels. Shell is investing in wind farms, electric car charging and hydrogen, while also continuing to pump billions into its traditional fossil fuels business.“We are not Big Oil, we are Big Energy,” van Beurden said. In a nod to climate change and the energy transition, the Oil & Money conference will next year change its name to the Energy Intelligence Forum.Squeezing major oil companies isn’t the answer to climate change, the pressure must be applied equally to consumers, van Beurden said.“Climate change is the biggest challenge facing the energy industry, but the energy industry is not the biggest challenge for a world trying to tackle climate change,” he said. “We do not pump oil and gas from the ground and then leave it sitting in storage facilities. People consume it. They drive. They cook. They run their businesses.”While van Beurden and his peers sought to highlight their investments in sustainable energy and carbon reduction, none of them have embraced the more radical steps sought by Extinction Rebellion, which made repeated incursions into the London event to noisily demand the elimination of all greenhouse gas emissions by 2025.“You can see the acceleration of how society is mobilized, which I think is a good thing,” van Beurden said. But the world needs “a more mature debate where suppliers and users of energy join to figure out how to do things.”To contact the reporters on this story: Kelly Gilblom in London at kgilblom@bloomberg.net;Annmarie Hordern in London at ahordern1@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Rakteem KatakeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    UPDATE 1-Shell urges collaboration with other industries to tackle emissions

    Royal Dutch Shell's chief executive took aim beyond the energy sector to call on leaders of other industries including aviation, shipping and steel to jointly draw up plans to tackle greenhouse gas emissions. Ben van Beurden also warned on Wednesday that energy companies that do not collaborate in the fight against climate change under the 2015 Paris agreement risk going out of business. "Climate change is the biggest challenge facing the energy industry, but the energy industry isn't the biggest challenge for the world trying to tackle climate change," van Beurden told the Oil & Money conference.

  • Investors get lost in Big Oil's carbon accounting maze
    Reuters

    Investors get lost in Big Oil's carbon accounting maze

    Wide variations in the way oil companies report their efforts to reduce carbon emissions make it difficult to assess the risk of holding their shares as the world shifts away from fossil fuels, senior fund managers say. Fund managers are also applying environmental, social and governance (ESG) criteria more widely in traditional investments to help them judge how companies will fare over the long term. There is a growing realisation that some companies' profits will shrink faster than others as governments prioritise low-carbon energy to meet the U.N.-backed Paris agreement's goal of cutting emissions to "net zero" by the end of the century.

  • Financial Times

    Big Oil should rebel against its customers

    with BP, citing the alienation of young theatregoers, and protesters have dubbed its head office in London a “crime scene”. against climate change this week, oil companies are as reviled as banks and tobacco companies. Given that the world will rely on fossil fuels for decades, even with the most stringent government policies to reduce energy use, oil companies face their own climate emergency.

  • Do Hedge Funds Love Royal Dutch Shell?
    Insider Monkey

    Do Hedge Funds Love Royal Dutch Shell?

    Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees during the first half of 2019 amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a […]

  • Bloomberg

    Qatar Seeks Exxon, Shell, Other ‘Big Players’ for Gas Expansion

    (Bloomberg) -- Qatar has invited Exxon Mobil Corp., Royal Dutch Shell Plc, Total SA, ConocoPhillips and other “big players” to submit bids to help expand its part of the world’s largest natural gas field, Energy Minister Saad Sherida Al-Kaabi said.The Persian Gulf state will award final contracts for onshore work on the North Field by the end of the year, he said Tuesday in a Bloomberg TV interview in London.Qatar, the biggest exporter of liquefied natural gas, is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently. Australia will likely overtake Qatar as an LNG exporter in 2020, according to an Australian government report.“In the first quarter, we would have secured all the contracts for construction to start production in 2024,” said Al-Kaabi, who also serves as president and chief executive officer of state-run Qatar Petroleum. “We have a select few that we have invited to give us bids.”To contact the reporters on this story: Bruce Stanley in Dubai at bstanley5@bloomberg.net;Annmarie Hordern in London at ahordern1@bloomberg.netTo contact the editors responsible for this story: Nayla Razzouk at nrazzouk2@bloomberg.net, Bruce Stanley, Rakteem KatakeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.