RDSB.L - Royal Dutch Shell plc

LSE - LSE Delayed Price. Currency in GBp
+30.50 (+1.21%)
At close: 4:37PM BST
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Previous Close2,522.50
Bid2,558.50 x 30600
Ask2,559.00 x 27200
Day's Range2,516.50 - 2,561.50
52 Week Range2,227.00 - 2,792.50
Avg. Volume4,072,169
Market Cap218.986B
Beta (3Y Monthly)1.35
PE Ratio (TTM)9.02
EPS (TTM)283.00
Earnings DateN/A
Forward Dividend & Yield1.47 (5.94%)
Ex-Dividend Date2019-05-16
1y Target Est36.11
  • PR Newswire6 hours ago

    Royal Dutch Shell plc: Transaction in Own Shares

    LONDON , June 18, 2019 /PRNewswire/ -- Royal Dutch Shell plc (the 'Company') (NYSE: RDS.A) (NYSE: RDS.B) announces that on 18 June 2019 it purchased the following number of "A" Shares for cancellation. ...

  • Reuters14 hours ago

    FOCUS-From gas in Russia to China-bound plastics, Austria's OMV shifts focus for growth

    After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group a major supplier of plastics. OMV boss Rainer Seele has spent more than 4 billion euros ($4.5 billion) - 40% of the group's M&A budget until 2025 - for oil and gas concessions in the region, a 15% stake in Abu Dhabi National Oil Co's (ADNOC) refining business and a to-be-formed trading joint venture with ADNOC and Italy's Eni. "We want to have a fully integrated business model in Abu Dhabi - from the well via the refinery and the petrochemicals all the way to marketing and trade in international markets," the chief of Austria's second-largest listed company told shareholders last month.

  • Oil & Gas Journalyesterday

    Shell to sell Martinez refinery to PBF Energy unit

    PBF Energy Inc. subsidiary PBF Holding Co. LLC has entered an agreement with Royal Dutch Shell PLC to purchase Shell subsidiary Equilon Enterprises LLC’s (dba Shell Oil Products US) 157,000-b/d dual-coking refinery and integrated logistics assets at Martinez, Calif., for $0.9-1 billion plus the value of hydrocarbon inventory, crude oil supply, and product offtake agreements, and other adjustments.

  • Shell Stock Rose as Peers Fell in the Past Month
    Market Realistyesterday

    Shell Stock Rose as Peers Fell in the Past Month

    Royal Dutch Shell (RDS.A) stock has posted positive returns in the past month. But other integrated energy stocks have declined in the stated period.

  • How Integrated Energy Stocks Have Fared in the Last Month
    Market Realistyesterday

    How Integrated Energy Stocks Have Fared in the Last Month

    In the past month, integrated energy stocks have put up a weak performance. Royal Dutch Shell (RDS.A) has been the best performer among integrated energy stocks with a rise of about 0.3% in the past month, while other industry players have posted declines.

  • Reuters4 days ago

    UPDATE 4-Pope backs carbon pricing to stem global warming and appeals to deniers

    Pope Francis said on Friday that carbon pricing is "essential" to stem global warming - his clearest statement yet in support of penalising polluters - and appealed to climate change deniers to listen to science. In an address to energy executives at the end of a two-day meeting, he also called for "open, transparent, science-based and standardised" reporting of climate risk and a "radical energy transition" away from carbon to save the planet. Carbon pricing, via taxes or emissions trading schemes, is used by many governments to make energy consumers pay for the costs of using the fossil fuels that contribute to global warming, and to spur investment in low-carbon technology.

  • Reuters4 days ago

    Having a gas: Australia dominates China's LNG supply

    Australia's fast-expanding liquefied natural gas industry has this year been supplying the lion's share of China's growing demand for imports of the commodity, with appetite surging as Beijing shifts away from dirtier fuels such as coal. Australia supplied over 53% of China's LNG imports during the first five months of 2019, shipping data in Refinitiv showed, up from around 40% in 2016 when a previous round of new Australian export projects started to ramp up. With Royal Dutch Shell's Prelude facility delivering its first LNG cargo this week from northwest Australia, that share is likely to increase further.

  • Longtime Houston midstream executive to retire
    American City Business Journals5 days ago

    Longtime Houston midstream executive to retire

    The executive joined Enterprise in 1999 when the company acquired a subsidiary of Royal Dutch Shell.

  • Total Stock Down Just 2% in Q2: What’s the Story?
    Market Realist6 days ago

    Total Stock Down Just 2% in Q2: What’s the Story?

    In the second quarter, Total (TOT) stock has fallen 2% due to lower oil prices. WTI has fallen 11%.

  • Oil & Gas Journal6 days ago

    Shell to shed Martinez refinery

    PBF Energy subsidiary PBF Holding Co. has entered an agreement with Royal Dutch Shell to purchase Shell subsidiary Equilon Enterprises’s (dba Shell Oil Products US) 157,000-b/d dual-coking refinery and integrated logistics assets at Martinez, Calif., for $0.9-1 billion plus the value of hydrocarbon inventory, crude oil supply, and product offtake agreements, and other adjustments.

  • Reuters6 days ago

    Dutch lawmakers step up tax demands on multinationals

    Dutch lawmakers have launched an inquiry into how to make multinationals pay their fair share of tax, after public criticism that government reforms do not go far enough. Scores of multinationals use the Netherlands to pare their tax bills but the Dutch, who bore tax hikes after the financial crisis, are growing increasingly hostile to minimising company tax, which is legal and has gone unchallenged for decades. Parliamentarians voted on Tuesday to establish an expert commission to examine how to make taxing multinationals "more fair" after Netherlands-based Shell recently acknowledged it had paid virtually no Dutch corporation tax in 2018.

  • What Are Proved Oil Reserves Really Trying to Prove?
    Bloomberg6 days ago

    What Are Proved Oil Reserves Really Trying to Prove?

    (Bloomberg Opinion) -- What do proved reserves prove? The tally of how much oil each country has left underground has long been one of the first things people focus on in BP’s annual Statistical Review of World Energy. Yet the latest set demonstrates, if anything, how the figures have lost their meaning or even inverted it.Proved oil reserves historically equaled power, longevity and wealth. It’s hard to imagine a certain desert kingdom in the Middle East being a top-20 economy and U.S. military priority absent the billions of barrels beneath that desert. The longer your reserves of this vital commodity last, the greater your chance of calling the shots (and prices) as others’ reserves dwindle.This is intuitive, perhaps, but also divorced from reality. Consider: According to BP’s figures, the world has pumped just over 1 trillion barrels of oil since 1980. Proved reserves back then stood at only 684 billion barrels, so clearly we found some more in the meantime. Quite a lot more, in fact: Reserves at the end of 2018 were 1.73 trillion barrels. The ratio of reserves to production – how much oil is left at current rates of output – rose from less than 30 years to 50 years. And that’s despite production having jumped by half.Despite that, it’s only been a decade or so since “peak oil” was a thing, coinciding with a drop in the global ratio of reserves-to-production – or R/P ratio – in the early 2000s. Even then, it remained higher than the levels that prevailed in the 1980s and 1990s.What “peak oil” was really about was the fear that cheaper barrels beyond the grasp of OPEC, in such places as the U.S. and the North Sea, were in terminal decline. In a rerun of the 1970s, and with a dash of Mad Max millenarianism, we were once again destined to hand over any spare cash to our cartel overlords for the precious juice.It is here that BP’s figures illustrate the most profound change.This chart shows the R/P ratio over time for a few major producers – Saudi Arabia, the U.S., and Venezuela – along with OPEC as a whole:See? Venezuela has enough oil to keep pumping through the year 2567! Except, of course, not really. We’re just looking at the collapse of a nation expressed via a slumping denominator. Proved reserves remain pegged at about 300 billion barrels – where they have been since 2010 – but production has slumped by roughly half. Far from signaling strength, Venezuela’s R/P ratio is a mathematical mayday.At the other end of the spectrum, the 11-year R/P ratio for the U.S. also tells the opposite of what’s actually happening. Proved reserves have roughly doubled over the past decade, but so too has production. Indeed, in 2018, the U.S. achieved the largest annual increase in oil production ever made by any country, according to BP (the same goes for natural gas).The nature of the shale boom is such that proved reserves belie the size of the ultimate resource base. As fracking has developed, and efficiencies have taken hold, so the potential of such areas as the Permian basin has expanded enormously, even if it doesn’t technically fit the definition of proved reserves in any given year. In an analysis published last summer, Rystad Energy, a research firm, estimated Texas alone holds more than 100 billion barrels recoverable using existing technology. BP’s current figure for proved reserves in the entire U.S. is 61.2 billion barrels. Clearly, the U.S., with its apparently short-lived oil reserves, is setting the pace in the market, not Venezuela.If anything, the specter of peak oil demand (rooted in the urgent need to address climate change) means the idea of vast proved reserves constituting a rock-solid store of value has been turned on its head. BP’s own projections imply oil demand adding up to somewhere in the region of 750 billion barrels through 2040. That is less than half the world’s proved reserves today. In all likelihood, most of Venezuela’s oil wealth will remain underground and, thereby, enrich nobody.The imperatives of an energy market defined more by abundance than scarcity – including an abundance of emissions – are showing up already in the industry. As my colleague David Fickling wrote recently, Royal Dutch Shell Plc seems remarkably sanguine about its single-digit reserves life. Chevron Corp. and Exxon Mobil Corp., meanwhile, have gone all-in on short-cycle shale.As for the smaller frackers, investors are notably more interested in concurrent or backward-looking valuation metrics such as free cash flow yield, rather than the traditional, and horizon-gazing, net asset value. Even the Saudi Arabian Oil Co., or Saudi Aramco, initial public offering came unstuck in this regard. Riyadh’s touted valuation of $2 trillion owed much to a simplistic valuation of 60-odd years’ worth of oil reserves, without fully taking into account the diminishing value of those barrels the further we get into a carbon-constrained future.The thing about those proved reserves numbers these days is that they can’t prove how many of the barrels will ultimately be produced or how much will be paid for them.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Financial Times6 days ago

    Shell reverses car-hailing plans in London

    “I think the lesson I learnt is that you’ve got to try these things,” said Roger Hunter, vice-president of digital ventures for Shell’s New Energies business. The company worked with the venture arm of Boston Consulting Group, which invests in and acts as an incubator for early-stage businesses, to launch the app, which was classified as a research and development project.

  • Is Shell Well Placed with Expected Earnings Growth in 2019?
    Market Realist7 days ago

    Is Shell Well Placed with Expected Earnings Growth in 2019?

    Which Integrated Energy Companies' Earnings Could Jump in 2019?(Continued from Prior Part)Shell’s growth estimateRoyal Dutch Shell (RDS.A) is expected to post the second-best rise in its earnings in 2019, following Suncor Energy (SU). Wall Street

  • PR Newswire7 days ago

    Royal Dutch Shell plc First Quarter 2019 Euro and GBP Equivalent Dividend Payments

    THE HAGUE, Netherlands, June 11, 2019 /PRNewswire/ -- The Board of Royal Dutch Shell plc ("RDS") (RDS-A) (RDS-B) today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2019 interim dividend, which was announced on May 2, 2019 at US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share"). Holders of A Shares who have validly submitted pounds sterling currency elections by June 3, 2019 will be entitled to a dividend of 36.97p per A Share. Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 36.97p per B Share.

  • Shell ships long-awaited first LNG cargo from Australia's Prelude
    Reuters7 days ago

    Shell ships long-awaited first LNG cargo from Australia's Prelude

    Royal Dutch Shell on Monday shipped the long-awaited first cargo of liquefied natural gas from its massive Prelude floating LNG plant off northwest Australia, sealing the nation's position as the world's top exporter of the fuel. The start-up comes just as spot LNG prices have sunk to their lowest in over three years, with new projects in Australia and the United States boosting global supply while demand in Asia was dented by a mild winter. Prelude is the last of eight LNG plants built on Australia's eastern and northwestern coasts in a $200 billion LNG construction boom over the past decade.

  • Unlike Occidental Petroleum, Shell Won't Overpay for Permian Growth
    Motley Fool8 days ago

    Unlike Occidental Petroleum, Shell Won't Overpay for Permian Growth

    The oil giant makes it clear that it won’t pay a premium to bulk up in the Permian.

  • Reuters8 days ago

    RPT-UPDATE 1-PTT sells first LNG cargo to kick-off Singapore gas trading

    The trading arm of Thailand's state energy firm PTT has sold the company's first liquefied natural gas (LNG) cargo, a company executive told Reuters on Friday, in yet another sign that LNG is increasingly becoming commoditised and traded. The cargo was sourced from an unnamed supplier by PTT International Trading - the trading arm of PTT that is based in Singapore - and is scheduled to be delivered into India in June, the source said, declining to elaborate on details of the deal.

  • Here’s What Hedge Funds Think About Royal Dutch Shell plc  (RDS-A)
    Insider Monkey11 days ago

    Here’s What Hedge Funds Think About Royal Dutch Shell plc (RDS-A)

    Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]