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Author Topic: Gas Fuels Shell’s Shares Back to Topics
Uprise74

Rookie Author
California

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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
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bston
Champion Author Oklahoma City

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Message Posted: May 2, 2014 8:59:10 AM

Topic title contains a tongue twister!
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c0wb0y
Champion Author Denver

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Message Posted: May 1, 2014 1:35:36 PM

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

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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.
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investmentdr
Champion Author Cleveland

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Message Posted: May 1, 2014 9:26:15 AM

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

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Message Posted: May 1, 2014 9:25:18 AM

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

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Message Posted: May 1, 2014 8:36:56 AM

Recovery is over?
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savannahoaks
Champion Author Rockford

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Message Posted: May 1, 2014 8:33:11 AM

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

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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.
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pscamp
Champion Author Ottawa

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Message Posted: May 1, 2014 7:06:32 AM

Whatever
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Eval69er
Champion Author Kansas

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Message Posted: May 1, 2014 6:43:54 AM

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

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Message Posted: May 1, 2014 6:41:23 AM

worth about 20 points
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VMIJim
Champion Author Alabama

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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!
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jsfb6pts
Champion Author Michigan

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Message Posted: May 1, 2014 6:01:56 AM

And again
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friday21
Champion Author Toronto

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Message Posted: May 1, 2014 5:59:06 AM

Ok
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BIGOILEATURCRUD
Champion Author North Carolina

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Message Posted: May 1, 2014 5:37:09 AM

not caused by falling pump prices
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yardslave
Champion Author Oklahoma City

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Message Posted: May 1, 2014 5:34:31 AM

Fine...
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ovillaone
Champion Author Dallas

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Message Posted: May 1, 2014 5:23:40 AM

ok
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gs7101
Champion Author San Antonio

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Message Posted: May 1, 2014 5:11:23 AM

Cry me a river!
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humblepie
Champion Author Toledo

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Message Posted: May 1, 2014 4:33:39 AM

doesnt sound great to me
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iFueler
Champion Author Durham

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Message Posted: May 1, 2014 4:19:19 AM


     ok
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