Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:26 PM

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
bston
Champion Author Oklahoma City

Posts:5,146
Points:1,475,150
Joined:Mar 2011
Message Posted: May 2, 2014 8:59:10 AM

Topic title contains a tongue twister!
c0wb0y
Champion Author Denver

Posts:2,860
Points:1,573,320
Joined:Sep 2005
Message Posted: May 1, 2014 1:35:36 PM

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

Posts:4,570
Points:1,282,450
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.
investmentdr
Champion Author Cleveland

Posts:6,736
Points:2,241,475
Joined:Sep 2008
Message Posted: May 1, 2014 9:26:15 AM

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

Posts:9,317
Points:2,468,050
Joined:Aug 2006
Message Posted: May 1, 2014 9:25:18 AM

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

Posts:11,023
Points:2,493,855
Joined:Nov 2005
Message Posted: May 1, 2014 8:36:56 AM

Recovery is over?
savannahoaks
Champion Author Rockford

Posts:5,932
Points:1,459,350
Joined:Mar 2011
Message Posted: May 1, 2014 8:33:11 AM

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

Posts:5,002
Points:1,058,310
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.
pscamp
Champion Author Ottawa

Posts:7,630
Points:1,130,340
Joined:May 2011
Message Posted: May 1, 2014 7:06:32 AM

Whatever
Eval69er
Champion Author Kansas

Posts:2,276
Points:619,545
Joined:Oct 2013
Message Posted: May 1, 2014 6:43:54 AM

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

Posts:13,705
Points:2,120,270
Joined:Aug 2006
Message Posted: May 1, 2014 6:41:23 AM

worth about 20 points
VMIJim
Champion Author Alabama

Posts:3,769
Points:913,900
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!
jsfb6pts
Champion Author Michigan

Posts:2,445
Points:1,272,295
Joined:May 2011
Message Posted: May 1, 2014 6:01:56 AM

And again
friday21
Champion Author Toronto

Posts:10,200
Points:1,440,720
Joined:Jul 2010
Message Posted: May 1, 2014 5:59:06 AM

Ok
BIGOILEATURCRUD
Champion Author North Carolina

Posts:10,773
Points:2,191,010
Joined:Nov 2008
Message Posted: May 1, 2014 5:37:09 AM

not caused by falling pump prices
yardslave
Champion Author Oklahoma City

Posts:5,972
Points:1,414,895
Joined:Dec 2005
Message Posted: May 1, 2014 5:34:31 AM

Fine...
ovillaone
Champion Author Dallas

Posts:5,657
Points:1,010,825
Joined:Nov 2012
Message Posted: May 1, 2014 5:23:40 AM

ok
gs7101
Champion Author San Antonio

Posts:8,527
Points:578,540
Joined:Jun 2009
Message Posted: May 1, 2014 5:11:23 AM

Cry me a river!
humblepie
Champion Author Toledo

Posts:65,103
Points:3,184,520
Joined:Mar 2006
Message Posted: May 1, 2014 4:33:39 AM

doesnt sound great to me
iFueler
Champion Author Durham

Posts:76,690
Points:1,009,550
Joined:Nov 2012
Message Posted: May 1, 2014 4:19:19 AM


     ok
Post a reply Back to Topics