Not Logged In Log In   Sign Up   Points Leaders
Follow Us    10:33 AM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Gas Fuels Shell’s Shares Back to Topics
Uprise74

Rookie Author
California

Posts:31
Points:171,150
Joined:May 2012
Message Posted: May 1, 2014 2:38:02 AM

A 44% fall in first-quarter net profit, a 4% drop in production, and a $2.86 billion impairment charge on its refining assets: you would think investors would be put off by Royal Dutch Shell PLC’s latest results. In fact, the oil major’s shares rose by 4.7% on Wednesday morning as its first-quarter profit, stripping out the refining write down, beat consensus expectations thanks mainly to a strong result from its gas business.Despite the welcome from investors, Shell is in turnaround mode under its new chef executive, Ben van Beurden, whose first set of results this was. Mr. van Beurden said Shell’s three priorities would remain in place—better financial performance, enhanced capital efficiency and more selectivity over projects it chooses to invest in. He elaborated on each of those theme
Visit The Wall Street Journal for full article
REPLIES (newest first) Post a Reply
Profile Pic
bston
Champion Author Oklahoma City

Posts:4,396
Points:1,252,425
Joined:Mar 2011
Message Posted: May 2, 2014 8:59:10 AM

Topic title contains a tongue twister!
Profile Pic
c0wb0y
Champion Author Denver

Posts:2,103
Points:1,348,370
Joined:Sep 2005
Message Posted: May 1, 2014 1:35:36 PM

Interesting impairment write-down...
Profile Pic
Bobmilan
Champion Author Louisville

Posts:3,937
Points:1,077,330
Joined:Sep 2011
Message Posted: May 1, 2014 9:26:18 AM

Proof of refinery shut down costs in financials.

Wing nuts needs know, only Obama to blame for high pump prices.

Gas < $2 his first year.
Profile Pic
investmentdr
Champion Author Cleveland

Posts:6,111
Points:2,030,545
Joined:Sep 2008
Message Posted: May 1, 2014 9:26:15 AM

Own RDS shares (like me) and this is good news
Profile Pic
Hangnail309
Champion Author Manitoba

Posts:8,579
Points:2,270,610
Joined:Aug 2006
Message Posted: May 1, 2014 9:25:18 AM

not caused by falling pump prices ...
Profile Pic
ByGuy
Champion Author Dallas

Posts:10,313
Points:2,286,025
Joined:Nov 2005
Message Posted: May 1, 2014 8:36:56 AM

Recovery is over?
Profile Pic
savannahoaks
Champion Author Rockford

Posts:5,204
Points:1,239,760
Joined:Mar 2011
Message Posted: May 1, 2014 8:33:11 AM

You too can profit from higher gas prices - buy some Shell stock.
Profile Pic
eyegotgas2
Champion Author British Columbia

Posts:4,079
Points:860,080
Joined:Sep 2011
Message Posted: May 1, 2014 8:32:15 AM

They seem to keep their gas prices higher at stations but not as bad as esso.
Profile Pic
pscamp
Champion Author Ottawa

Posts:6,783
Points:969,630
Joined:May 2011
Message Posted: May 1, 2014 7:06:32 AM

Whatever
Profile Pic
Eval69er
Champion Author Kansas

Posts:1,574
Points:421,680
Joined:Oct 2013
Message Posted: May 1, 2014 6:43:54 AM

Strong result from it's gas business...enough said
Profile Pic
bar1035
Champion Author Charlotte

Posts:12,879
Points:1,910,320
Joined:Aug 2006
Message Posted: May 1, 2014 6:41:23 AM

worth about 20 points
Profile Pic
VMIJim
Champion Author Alabama

Posts:3,018
Points:713,950
Joined:Jan 2013
Message Posted: May 1, 2014 6:23:54 AM

Of course these Shell vultures' profits increased as they make major contributions to Oblamer to support his tree hugging, stimulus sucking, union dominated, out of control spending, ultra liberal agenda at our working class taxpayer expense. Stop this madness in Nov 2014 & start taking our country back before it's too late!
Profile Pic
jsfb6pts
Champion Author Michigan

Posts:1,636
Points:1,047,345
Joined:May 2011
Message Posted: May 1, 2014 6:01:56 AM

And again
Profile Pic
friday21
Champion Author Toronto

Posts:9,165
Points:1,242,820
Joined:Jul 2010
Message Posted: May 1, 2014 5:59:06 AM

Ok
Profile Pic
BIGOILEATURCRUD
Champion Author North Carolina

Posts:9,684
Points:1,991,060
Joined:Nov 2008
Message Posted: May 1, 2014 5:37:09 AM

not caused by falling pump prices
Profile Pic
yardslave
Champion Author Oklahoma City

Posts:5,220
Points:1,208,395
Joined:Dec 2005
Message Posted: May 1, 2014 5:34:31 AM

Fine...
Profile Pic
ovillaone
Champion Author Dallas

Posts:4,309
Points:788,200
Joined:Nov 2012
Message Posted: May 1, 2014 5:23:40 AM

ok
Profile Pic
gs7101
Champion Author San Antonio

Posts:8,061
Points:547,295
Joined:Jun 2009
Message Posted: May 1, 2014 5:11:23 AM

Cry me a river!
Profile Pic
humblepie
Champion Author Toledo

Posts:57,667
Points:2,984,670
Joined:Mar 2006
Message Posted: May 1, 2014 4:33:39 AM

doesnt sound great to me
Profile Pic
iFueler
Champion Author Durham

Posts:75,078
Points:786,925
Joined:Nov 2012
Message Posted: May 1, 2014 4:19:19 AM


     ok
Post a reply Back to Topics