The attractiveness of Royal Dutch Shell

Thursday, November 3, 2016

Royal Dutch Shell, the Anglo-Dutch multinational oil and gas company, posted on Tuesday third quarter results that were well above analyst expectations. The company announced a net income of $1.4 billion compared to a net loss of $7.4 billion a year ago. The company also benefited from a year-over-year 25% increase of production volume mainly from recently acquired BG Group assets. In their earnings release the company wrote “lower operating expenses more than offset..
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