|Bid||2,320.00 x 216300|
|Ask||2,430.00 x 249300|
|Day's Range||2,390.50 - 2,428.50|
|52 Week Range||1,982.50 - 2,516.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shell stock has risen 6.5% since October 2, 2017. This increase leads the integrated energy stocks, but it's below the returns of the SPDR Dow Jones Industrial Average ETF Trust (DIA).
BP, which adopted a sunburst logo two decades ago to convey its ambition in solar energy, agreed to acquire a 43 percent stake in Europe's largest solar developer. It will be renamed Lightsource BP. The investment, a fraction of the approximately $17 billion BP has spent in 2017, comes six years after BP wrote down billions on its first investment in solar, when its panel manufacturing business struggled with competition from China.
Financiers keep pouring cash into the shale oil sector, providing producers with a path to keep U.S. output rising through the middle of the next decade. The United States is on track to deliver up to 80 percent of the world's oil production gains through 2025, the International Energy Agency estimates, increases fuelled in part by easy access to capital. Rising U.S. production is undermining OPEC's attempts to curb global supply and boost prices, forcing the oil cartel to continue restraining output through the end of 2018.
Financiers keep pouring cash into the shale oil sector, providing producers with a path to keep U.S. output rising through the middle of the next decade. The United States is on track to deliver up to 80 percent of the world's oil production gains through 2025, the International Energy Agency estimates, increases fueled in part by easy access to capital. Rising U.S. production is undermining OPEC's attempts to curb global supply and boost prices, forcing the oil cartel to continue restraining output through the end of 2018.
Rating Action: Moody's downgrades Deer Park Refining LP's debt to Baa1; outlook negative. Global Credit Research- 14 Dec 2017. New York, December 14, 2017-- Moody's Investors Service downgraded to Baa1 ...
Implied volatility in Royal Dutch Shell (RDS.A) stock has risen 0.5% since October 2, 2017, to the current level of 14.5%. During the same period, Shell stock rose 5.7%.
Saudi Aramco, the world's largest oil producer, aims to regain its lost market share after the OPEC-led supply-cut pact ends and plans to push ahead with a downstream expansion strategy to be on par with Big Oil, its chief executive said on Wednesday. Amin Nasser, the CEO of the state oil giant, which is preparing for an IPO next year, told Reuters Aramco is moving ahead with its refining and petrochemicals expansion strategy and is in discussions with several potential partners in Asia, Europe and the United States. The Organization of the Petroleum Exporting Countries and non-OPEC producers led by Russia have agreed to extend oil output cuts until the end of 2018 to help lower global inventories and support prices.
Britain's biggest pipeline from its North Sea oil and gas fields is likely to be shut for several weeks for repairs, its operator said on Tuesday, disrupting gas flows and sending international crude prices to their highest since mid-2015. "We are working to get the pipeline restored to full operation as quickly as we can safely do so... We have previously indicated a time frame of three to four weeks and we believe it is no less than two," operator INEOS said in a email to customers seen by Reuters. It has particular significance to global markets because Forties is the largest out of the five crude oil streams that underpin the dated Brent benchmark, against which other crude prices are broadly based.
In this series, we'll rank the top ten global integrated energy firms based on the "buy" ratings received from Wall Street analysts.
Royal Dutch Shell (RDS.A) is covered by a total of 11 analysts, nine of whom rated Shell stock as a “buy” or “strong buy.”
The oil rally has contributed to a nice run for Shell (RDS.A) with its stock price jumping approximately 14.7% since September, outperforming the industry's 10.4% growth.
In 9M17, Shell (RDS.A) generated $28.4 billion in cash from operations. However, it had a cash outflow of $14.9 billion in capex and $8.6 billion in dividends.
Royal Dutch Shell (RDS.A) recently canceled its scrip dividend program, which allowed shareholders to receive cash or shares. Shell's 4Q17 dividend will be paid in cash.