...e pensare che i risultati di RDS non sono neanche cosi brutti!!!
Royal Dutch Shell : Profit Rises Sharply Helped by Oil, Gas Prices
04/26/2018 | 02:46am EDT
By Oliver Griffin
Royal Dutch Shell PLC (RDSB.LN) said Thursday that first-quarter "current cost of supply" earnings rose 69% on year, helped by higher prices.
The Anglo-Dutch oil company said that profit on a CCS basis, an important bottom-line figure used by Shell,
rose to $5.70 billion in the three months ended March 31, from $3.38 billion
Cash flow from operating activities fell to $9.43 billion from $9.5 billion in the first quarter of 2017, Shell said.
Strong earnings were underpinned by higher oil-and-gas prices, as well as the continued growth of its integrated gas business, though they were partially offset by less-favorable conditions in the refining market and lower trading in its downstream business.
Shell is making good progress with its divestment program, and the company's free-cash-flow outlook is consistent with its aim to buy back at least $25 billion of shares from 2018 to 2020, Chief Executive Ben van Beurden said.
The board maintained the quarterly dividend at $0.47, the company said.
Write to Oliver Griffin at
[email protected]