Shell Share Discussion Threads

[thecashmoney] 26/8/2018 13:39

: thecashmoney: What if the rumours are true ???We see more posters join the insiders list ,having made connections for months.We see Links of obscure links with the bondholders,which show options to own Martello for the purchase of the OSX-3 FPSO.We see Dommo enegia struggling for cash and also bondholders wanting a better solution,trapped with low return on their asset. We see MFDEVCO subsidiary Brazil holdings ,we see they are negotiating for a offshore Brazil field.We see MFDEVCO China .We see the company announce they have identified a facility out of China to redevelop the field.We see them say they are arranging finance that avoids dilution,just the sort of finance you would get from a investment bank,type non recorse which is just the type you would get from such.We see them say it will bring large return s for shareholders. It is clear Martello oil field would benefit from redevelopment,greater flowrates and proving up more reserves. Allready pumping 6000 bopd ,the OSX-3 has a capacity for 100k bopd.With the option they could get more than 50 percent of the field.What would that be worth intial ,what would that be worth after redevelopment??. What would it be worth once new rig is brought in from China ???. Wells in the area have a 95 percent success rate .No wonder people are saying it will get suspended under Aim 14 rule ,it looks a massive deal and would need to to form a orderly market on a aqusition of this size CM

[adrian j boris] 25/8/2018 13:54

Will Royal Dutch Shell Follow Its Peers And Raise Its Dividend?
Aug. 25, 2018 1:57 AM ET|
24 comments
|
About: Royal Dutch Shell plc (RDS.B), RDS.A
Aristofanis Papadatos
Aristofanis Papadatos
Oil & gas, portfolio strategy, value
Aristofanis Papadatos
(3,851 followers)
Summary

Royal Dutch Shell has not cut its dividend since World War II and is currently offering a 5.6% dividend yield.

The oil major has frozen its dividend for 18 consecutive quarters.

The big question is whether it will raise its dividend amid excessive free cash flows and a brightening outlook of the oil sector.

Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) is an oil giant that has benefited from the rally of the oil price in the last 12 months, just like its peers. However, the oil major has paid the same dividend for 18 consecutive quarters, as it froze its dividend at the onset of the downturn of the oil market that began in 2014. Therefore, the big question is whether the company will raise its dividend in the upcoming quarters.
Dividend record

Despite the downturn that began in 2014, Exxon Mobil (XOM), Chevron (CVX) and Total (TOT) have continued to raise their dividends, albeit at a low single-digit rate. BP (BP) followed the same path as Shell and froze its dividend for 15 consecutive quarters, but eventually raised it in the running quarter, thanks to the strength of the oil price and the brightening outlook of the oil market. Therefore, Shell is the only oil major that has kept its dividend flat for such a long period.

While Shell is not a dividend aristocrat, it has an exceptional dividend record. To be sure, it has not cut its dividend since World War II. This degree of consistency is extremely rare, particularly for a cyclical stock, and is a testament to the strength of its business model and its execution.

On the other hand, Shell has remarkably slowed its dividend growth rate in the last decade, as it has raised it at an average rate of only 2.7% per year. This rate is much lower than that of its American peers. Nevertheless, the current 5.6% dividend yield of Shell is much higher than the 4.1% and 3.8% yields of Exxon and Chevron, respectively. If Shell resumes raising its dividend, it will have a much more attractive dividend than its American peers.
Free cash flows

Just like the other oil majors, Shell is highly leveraged to the oil price. Consequently, when the oil price began to plunge in 2014, the upstream segment of Shell, which used to generate the vast majority of its total earnings (~90%), saw its earnings collapse. As a result, the earnings of Shell in 2015 and 2016 came out 87% and 75% lower, respectively, than those in 2014. In addition, the free cash flows of the company plunged and hence they were insufficient to fund its dividend.

However, thanks to the production cuts of OPEC and Russia, and the drastic investment cuts of all the oil producers during the downturn, the oil market has eliminated its supply glut and has become much tighter this year. As a result, the oil price has enjoyed a strong rally since last summer and is now trading near a 3.5-year high. This rally has resulted in a great rebound of the free cash flows of Shell, which have bounced from -$1.5 B in 2016 to $14.8 B in 2017 and $8.9 B in the first half of this year. Hence the free cash flows of Shell have increased so much that they can easily cover the approximate $13 B in annual dividends. It is remarkable that Shell recently surpassed Exxon in annual operating cash flows ($35.7 B vs. $30.1 B) for the first time in about two decades.

Moreover, thanks to the recent fierce downturn of the oil sector, Shell has greatly improved its efficiency. It has reduced its operating expenses by 35% in the last four years while it has focused on investing in high-quality oil reserves, with markedly low breakeven prices. Furthermore, the company expects more than 700,000 barrels/day from projects that will start up this and next year. Overall, thanks to the strength in the oil price and expected production growth, the management of Shell expects the free cash flows to hover around $30 B per year during 2019-2021.

Such a level can easily cover not only the current dividend but also meaningful hikes in the upcoming years.

Management has noticed the excessive cash flows and recently initiated a 3-year share buyback program worth $25 B. Moreover, it has turned off the scrip dividend and thus it now pays the dividend only in cash, not in shares anymore. These two moves reflect the confidence of management in the brightening outlook of the company. As long as the oil price remains strong, which is the most likely scenario, the next move of the company will be to raise its dividend.
Final thoughts

After a fierce downturn in its sector, Shell has emerged stronger, with its free cash flows reaching all-time high levels. This is an outstanding achievement, as the price of oil is still about 30% lower than it was before the downturn that began in 2014. This performance confirms that Shell utilized the downturn in a highly productive way by cutting its expenses and investing only in high-return growth projects. Thanks to its excessive free cash flows and its exciting prospects, the oil giant has turned off its scrip dividend and has initiated a gigantic buyback program. The next move in its shareholder distribution policy will be to raise its dividend. Investors should expect a dividend hike in the upcoming quarters.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

[waldron] 24/8/2018 18:27

Total
54.87 +1.29%


Engie
13.06 -0.42%

Orange
14.315 -0.07%


FTSE 100
7,577.49 +0.19%
Dow Jones
25,813.52 +0.61%
CAC 40
5,432.5 +0.24%


Brent Crude Oil NYMEX 76.01 +1.69%
Gasoline NYMEX 1.98 +1.16%
Natural Gas NYMEX 2.92 -1.58%




BP
563.7 +1.11%


Shell A
2,563.5 +1.00%


Shell B
2,614 +1.02%

[waldron] 24/8/2018 18:13

Royal Dutch Shell plc (the ‘Company’;) announces that on August 24, 2018 it purchased the following number of "A" Shares for cancellation.

Aggregated information on “A” shares purchased according to trading venues:
Date of purchase Number of “A” shares purchased Highest price paid:
(GBp) Lowest price paid:
(GBp) Volume weighted average price paid per share
(GBp) Venue
August 24, 2018 627,592 2571.00 2542.00 2560.61 LSE
August 24, 2018 127,851 2570.50 2541.50 2560.57 Cboe Europe Equities (BXE)
August 24, 2018 101,859 2570.00 2541.50 2560.50 Cboe Europe Equities (CXE)

These share purchases form part of the Company's existing share buy-back programme, details of which were announced on July 26, 2018.

[waldron] 24/8/2018 18:13

Royal Dutch Shell plc (the ‘Company’;) announces that on August 24, 2018 it purchased the following number of "A" Shares for cancellation.

Aggregated information on “A” shares purchased according to trading venues:
Date of purchase Number of “A” shares purchased Highest price paid:
(GBp) Lowest price paid:
(GBp) Volume weighted average price paid per share
(GBp) Venue
August 24, 2018 627,592 2571.00 2542.00 2560.61 LSE
August 24, 2018 127,851 2570.50 2541.50 2560.57 Cboe Europe Equities (BXE)
August 24, 2018 101,859 2570.00 2541.50 2560.50 Cboe Europe Equities (CXE)

These share purchases form part of the Company's existing share buy-back programme, details of which were announced on July 26, 2018.

[imperial3] 23/8/2018 19:43

Keep mopping up the shares.

[florenceorbis] 23/8/2018 19:18

Royal Dutch Shell plc (the 'Company') announces that on August 23, 2018 it
purchased the following number of "A" Shares for cancellation.

Aggregated information on "A" shares purchased according to trading venues:

Date of Number of Highest Lowest price Volume Venue
purchase "A" shares price paid: paid: weighted
purchased (GBp) (GBp) average
price paid
per share
(GBp)

August 23, 2018 665,300 2555.50 2519.00 2543.75 LSE

August 23, 2018 131,100 2555.50 2523.00 2544.15 Cboe Europe
Equities
(BXE)

August 23, 2018 111,100 2555.00 2519.00 2543.95 Cboe Europe
Equities
(CXE)

[fjgooner] 23/8/2018 18:13

I'm in no rush whatsoever.

The dividend is so sweet and so secure who would want to sell Shell anyway

FJ :)

[waldron] 23/8/2018 17:19

2575 to 2675 by end october 2018 $$$$$$$$$$ WE ARE HERE in this BOX TODAY $$$$$$$$$$$$$$$$$$$

FRIDAY SHOULD CONFIRM

[waldron] 23/8/2018 17:16

Total
54.17 +0.82%

Engie
13.115 +0.38%

Orange
14.325 -0.24%


FTSE 100
7,563.22 -0.15%
Dow Jones
25,621.87 -0.43%
CAC 40
5,419.33 -0.02%


Brent Crude Oil NYMEX 74.61 -0.29%
Gasoline NYMEX 1.95 -0.60%
Natural Gas NYMEX 2.96 +0.10%



BP
557.5 +0.52%


Shell A
2,538 +0.53%


Shell B
2,587.5 +0.78%

[waldron] 23/8/2018 16:57

The global shipping industry could become a new market for liquefied natural gas, thanks to a drastic change in maritime law that aims to curb air pollution.

Major cruise liners and the world's biggest freight companies have ordered 125 new LNG-powered vessels and another 119 are already in operation, according to current figures from maritime consultancy DNV GL. That is partly because new regulations taking effect in 2020 will reduce the maximum amount of sulfur permitted in the oil used by ships from 3.5% to 0.5%.

LNG is gas that is supercooled until it turns into liquid. While LNG use as a shipping fuel is still too small to affect its prices, the projected uptake is supporting the outlook of companies like Royal Dutch Shell PLC that LNG demand will continue to grow.

The shipping industry currently consumes about 5 million barrels a day of oil, and most of the industry is expected to meet the new obligations by either switching to more expensive low-sulfur fuels or installing "scrubbers" that clean sulfur out of exhaust fumes.

But the rule changes will make LNG a cost-competitive option for shipping fuel. Analysts say that just converting 5% of the global fleet to run on LNG would create a new market equivalent to the fifth-largest in the world, behind major consumers Japan, China, Korea and India.

Carnival Corp.'s AIDAnova is currently under construction at a shipyard in Papenburg, Germany. When the 1,106-foot vessel launches later this year, it will be the first cruise ship fully powered by LNG. Carnival, the world's largest cruise company, plans to take delivery of 11 new LNG-powered ships between now and 2025.

Cruise passengers will be able to enjoy the difference of journeying under LNG power, Steve Hill, a vice president at Shell, said in an interview earlier this year.

"If your customer proposition is to have people lying on the deck and enjoying the sun, it's much nicer to not have pollution from fuel oil being spread all over them all day," he said.

Carnival isn't alone: Swiss-based MSC Cruises said in June it ordered what will be its fifth LNG-powered vessel. Royal Caribbean also said this year that it has two LNG-powered cruise liners on order.

In freight, Siem Industries is building LNG-fueled car carriers for Volkswagen AG. France's CMA CGM SA has ordered nine new ultra-large LNG-powered container ships and has struck a 10-year LNG supply deal with French oil and gas producer Total. Teekay Corp., one of the biggest shipowners, and Sovcomflot, Russia's largest shipping company, also have LNG vessels in order.

LNG does faces challenges in the maritime industry. Credit Suisse oil and gas analyst Saul Kavonic said many shipping companies would meet the emissions rules by fitting their vessels with scrubbers. Carnival, for example, will use scrubbers on 69 of its 103 ships.

"Only a very small percentage of the international shipping fleet will adopt LNG as a fuel over the next five years," Mr. Kavonic said.

The lack of "bunkering" -- the infrastructure for storing and refueling LNG -- is likely the biggest hurdle. LNG requires dedicated facilities to store the fuel at the temperatures needed to maintain its liquid form and load it onto vessels.

LNG fuel tanks also take up almost twice as much space as their oil equivalents, which would impact the design of new vessels. Ships powered by LNG are also more expensive than traditional vessels. Introducing LNG to a fleet requires retraining of engineers and crews.

Shipping companies are also used to working in the highly liquid oil market, where supply is easy to source and deep futures and hedging markets help manage their exposure. In contrast, until recently LNG has been dominated by decadeslong contracts and its futures market is still nascent.

But short-term, more flexible LNG sales are becoming more common. Producers are increasingly willing to trade single LNG cargoes. The percentage of LNG cargoes sold on the spot market has grown from just over 10% in 2010 to almost 25% in 2017, according to Shell.

Tom Strang, who has been leading Carnival's LNG strategy, said the nature of the LNG market requires longer-term contracting and planning.

Still, LNG producers are eyeing the industry as a promising new source of demand. Shell's Mr. Hill said the energy giant is betting LNG will grow at a faster pace than oil. Shell is working with Carnival to source LNG and developing bunkering facilities for its cruise ships.

"Historically LNG has struggled to compete with heavy fuel oil which is cheap," said Mr. Hill. "But in this new world, where the costs of the alternatives are a lot more expensive, LNG will be a lot more competitive. We're starting to see a lot of interest and a lot of activity."

Write to Paul Garvey at [e-mail]



(END) Dow Jones Newswires

August 23, 2018 08:14 ET (12:14 GMT)

[waldron] 23/8/2018 15:12

waldron
16 Aug '18 - 14:34 - 3451 of 3480 Edit
0 4 0
Should be fun to chalk it up BOX BY BOX

2375 to 2475p
2475 2575p end august 2018
2575 2675 end october 2018 $$$$$$$$$$WE ARE HERE TODAY$$$$$$$$$$$$$$$$$$$
2675 2775 end december 2018
2775
2875
2975 to 3075p xmas 2019
3075
3175
3275
3375 to 3475p xmas 2020

A SLOW CRAWL TO FJGOOONERS DREAM TARGET PRICE OF 3400p which may well be changed if convincingly surpassed before CHRISTMAS 2020

[waldron] 22/8/2018 18:22

Shell A Share News (RDSA)

3
Share Name Share Symbol Market Type Share ISIN Share Description
Royal Dutch Shell A LSE:RDSA London Ordinary Share GB00B03MLX29 'A' ORD EUR0.07
Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
+23.00p +0.92% 2,524.50p 2,527.50p 2,528.50p 2,533.00p 2,483.50p 2,491.00p 4,116,712 17:35:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 225,948.9 13,423.1 117.0 20.4 116,008.96
Print
Alert
Royal Dutch Shell Transaction in Own Shares
22/08/2018 5:27pm
UK Regulatory (RNS & others)


TIDMRDSA

Transaction in Own Shares

August 22, 2018

* * * * * * * * * * * * * * * *

Royal Dutch Shell plc (the 'Company') announces that on August 22, 2018 it
purchased the following number of "A" Shares for cancellation.

Aggregated information on "A" shares purchased according to trading venues:

Date of Number of Highest Lowest price Volume Venue
purchase "A" shares price paid: paid: weighted
purchased (GBp) (GBp) average
price paid
per share
(GBp)

August 22, 2018 738,700 2532.50 2484.00 2516.56 LSE

August 22, 2018 145,500 2532.50 2483.50 2517.06 Cboe Europe
Equities
(BXE)

August 22, 2018 124,700 2533.00 2484.00 2516.81 Cboe Europe
Equities
(CXE)

These share purchases form part of the Company's existing share buy-back
programme, details of which were announced on July 26, 2018.

[waldron] 22/8/2018 18:16

Total
53.73 +0.98%


Engie
13.065 -0.72%

Orange
14.36 +0.81%

FTSE 100
7,574.24 +0.11%
Dow Jones
25,793.52 -0.11%
CAC 40
5,420.61 +0.22%


Brent Crude Oil NYMEX 74.60 +2.47%
Gasoline NYMEX 1.96 +2.20%
Natural Gas NYMEX 2.97 -0.70%



BP
554.6 +0.54%


Shell A
2,524.5 +0.92%


Shell B
2,567.5 +0.88%

[ariane] 21/8/2018 19:47

The world’s largest sovereign wealth fund just missed its own target

The Government Pension Fund Global returned 1.8 percent in the second quarter.
The fund's benchmark target , set by the government, is 2 percent.
Norway is home to the world's largest sovereign wealth fund.

David Reid | @cnbcdavy
Published 4 Hours Ago CNBC.com









A Norwegian flag flies from a boat near the assembly site of offshore floating wind turbines.
Carina Johansen | Bloomberg | Getty Images
A Norwegian flag flies from a boat near the assembly site of offshore floating wind turbines.

Norway's $1 trillion sovereign wealth fund has missed its target returns in the second quarter after its investments failed to fire.

Norges Bank, which manages the Government Pension Fund Global, said Tuesday that it had returned 1.8 percent, or 167 billion kroner ($19.8 billion), in the second quarter of 2018.

The return on the fund was 0.2 percentage points lower than the benchmark index set by the country's ministry of finance.

Stock investments generated 2.7 percent in returns, unlisted real estate investments brought in a 1.9 percent gain, but fixed-income investments returned nothing at all.

In stocks, Amazon made the biggest contribution to equity returns, followed by Apple and Royal Dutch Shell.

"North American and European stocks had a positive development in the quarter despite the prospect of increased trade barriers. This made a positive contribution to the fund's return," said Trond Grande, deputy CEO of Norges Bank Investment Management.

In the bond market, European government bond holdings generated a 2.2 percent loss, adding to a 1 percent loss from Japanese bonds. Those losses were largely offset by a 3.1 percent gain from U.S. Treasurys.

Norges Bank reported that the fund had a total market value of 8,337 billion kroner ($988.4 billion) as of June 30 and its investment split worked out at 66.8 percent in equities, 2.6 percent in unlisted real estate and 30.6 percent in fixed income.
David ReidDigital Correspondent, CNBC.com

[waldron] 21/8/2018 17:18

Total
53.21 +0.59%


Engie
13.16 +0.23%

Orange
14.245 +0.39%


FTSE 100
7,565.7 -0.34%
Dow Jones
25,840.49 +0.32%
CAC 40
5,408.6 +0.54%


Brent Crude Oil NYMEX 72.60 +0.53%
Gasoline NYMEX 1.91 +0.38%
Natural Gas NYMEX 2.97 +0.54%




BP
551.6 -0.05%


Shell A
2,501.5 +0.46%


Shell B
2,545 +0.63%

[maywillow] 21/8/2018 09:37

Mobile Payments
GM, Shell And P97 Launch In-Dash Fuel Payments
By PYMNTS
Posted on August 21, 2018

Let’s just come out and say it: When it comes to the wide range of commerce activities, unless you’re a teenager with a new driver’s license, putting gas into your vehicle is never fun.

The pumps are often grimy, card readers might not work, the air might be frigid or hot, and there may be an odor associated with rubber, petroleum or refuse. All you want to do is get the transaction over with, maybe grab some milk, chips or beer and get on with your day.

Fuel station executives surely know that. “Buying fuel is not a desirable purchase,” said Rod Tos, manager of customer payments and card services for energy provider Chevron. “It’s generally viewed as a negative experience. We recognize that.”

Gas station purchases are unlikely to ever achieve the level of joy brought about by the purchasing of clothes, furniture, toys or books, but the effort to make those transactions much more convenient — perhaps even pleasantly so — is moving along, as demonstrated by a recent product launch.

In-Dash Payments

Late last week (Aug. 16), Shell, General Motors and mobile payments provider P97 officially announced a service that enables drivers to find and pay for fuel via technology embedded in their vehicles’ dashboards. The technology makes use of the GM Marketplace platform, which also lets consumers order food and coffee, and make dinner reservations with participating firms, among other tasks.

“It’s like setting up an Uber account for the first time,” P97 CEO Don Frieden told PYMNTS. “You just have to set it up once.”

A driver running low on fuel could find one of 11,000 Shell stations in North America with the Marketplace platform, and start the payment process upon pulling up to a pump. The platform can also display discount offers. The in-dash system preauthorizes the payment and sends the driver a three-digit code, which the driver then enters into the pump’s keypad — the first time the driver must leave the vehicle. Following that, the pump is ready to go within seven seconds.

The driver then selects the fuel grade, pumps the gas and receives a receipt via phone, email or the Marketplace platform. In all, authentication takes about a third of the time of traditional fuel purchases, Frieden said.

In-dash fuel payments work for Chevrolet, Buick, GMC and Cadillac vehicles whose drivers have downloaded the Marketplace platform, which has been downloaded about three million times, with 2.5 million more downloads annually.

Other Activity

Shell is not the only fuel provider hoping to transform the gas run with mobile technology. Chevron, which operates approximately 8,000 gas stations in the U.S. under both the Chevron and Texaco banners, is one of several companies — including Exxon Mobile, Gulf and Cumberland Farms — that view smartphones as key to reinventing the consumer experience at the pump.

Consumers don’t expect fun, of course. “They want that transaction to be as speedy as possible, and they want it to be very secure,” Tos recently told PYMNTS. “They don’t want their credentials stolen by a fraudster.”

That said, only a small fraction of Chevron’s stations — approximately 300 nationwide — are currently equipped to accept mobile payments, and their overall use to pay for gas is relatively low. In fact, Chevron has seen just a 2 percent penetration rate for payments made using mobile apps at the pump, with patrons preferring to pay using credit or debit cards.

Millennial Promise

According to PYMNTS’ “Paying At The Pump Report: What Drives Mobile Adoption,” only 5.9 percent of 10,000 survey respondents consider having the ability to pay for gas to be “very” or “extremelyR21; important. Respondents worry about the security of using mobile apps for gas purchases.

But convenience does count, at least with younger consumers. That same study found that 43 percent of high-income millennials are more likely to visit a gas station if its app offers them convenience, loyalty and savings. Those consumers are defined as having been born between 1978 and 1995, with annual incomes ranging from $75,000 to $150,000. And, contrary to some stereotypes, they do buy gas — 65 percent of them made at least one fuel purchase a week, compared with 58 percent of other respondents in the study who said the same.

Vital Incentives

The P97 project with Shell follows some of the logic outlined in that study — specifically, the importance of discount incentives. Drivers who are part of the Shell loyalty program receive discounts on gas, and some buyers “will change payment methods based on as little as five cents a gallon,” Frieden said.

And more convenience is on the horizon, as part of the emerging ecosystem of connected cars. In the future — Frieden said studies have shown that positive ROI is possible — the in-dash payment system could enable a driver pumping gas to order and pay for in-store goods, and have them delivered outside to the car.

No reasonable person would ever promise that gas runs will become a source of excitement, but there is reason to believe that fuel purchases will, at least, become more convenient.

[la forge] 20/8/2018 19:37

DIVIDEND

Closing of currency election date (See Note 2) August 24, 2018

[la forge] 20/8/2018 18:12

Royal Dutch Shell plc (the 'Company') announces that on August 20, 2018 it
purchased the following number of "A" Shares for cancellation.

Aggregated information on "A" shares purchased according to trading venues:

Date of Number of Highest Lowest price Volume Venue
purchase "A" shares price paid: paid: weighted
purchased (GBp) (GBp) average
price paid
per share
(GBp)

August 20, 2018 791,739 2500.00 2478.00 2491.23 LSE

August 20, 2018 174,140 2500.00 2478.00 2491.31 Cboe Europe
Equities
(BXE)

August 20, 2018 162,771 2500.00 2479.50 2491.27 Cboe Europe
Equities
(CXE)

These share purchases form part of the Company's existing share buy-back
programme, details of which were announced on July 26, 2018.

[waldron] 20/8/2018 17:21

Total
52.9 +0.95%

Engie
13.13 +0.42%

Orange
14.19 +0.32%


FTSE 100
7,591.26 +0.43%
Dow Jones
25,773.73 +0.41%
CAC 40
5,379.65 +0.65%


Brent Crude Oil NYMEX 72.24 +0.65%
Gasoline NYMEX 1.91 +1.30%
Natural Gas NYMEX 2.95 +0.14%


BP
551.9 +0.60%


Shell A
2,490 +0.71%

Shell B
2,529 +0.70%

[waldron] 20/8/2018 11:08

Royal Dutch Shell Plc Class B 15.1% Potential Upside Indicated by RBC Capital Markets

Posted by: Amilia Stone 20th August 2018

Royal Dutch Shell Plc Class B using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OUTPERFORM217; this morning by analysts at RBC Capital Markets. Royal Dutch Shell Plc Class B are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set a target price of 2900 GBX on its stock.