Shell's Profits Fall on Declining Oil Prices
02 5월 2019 - 8:02PM
Dow Jones News
By WSJ City
Royal Dutch Shell's first-quarter earnings fell on lower returns
from its chemicals and refining operations, but the performance of
its gas trading business saw the oil major fare better than many of
its rivals.
KEY FACTS
--- Shell said first-quarter profit fell almost 7% to
$5.2bn.
--- That compares with $5.7bn in Q4, when Shell posted its
highest profit since 2013.
--- Revenue fell 6.2% to $83.74bn, Shell said.
--- But the Anglo-Dutch giant fared a bit better than its rivals
in Europe and North America.
--- That's partly because its gas-trading business proved to be
robust.
Why This Matters
The world's largest energy firms have taken a hit in the
first-quarter amid geopolitical turmoil and weaker global oil
prices. Exxon said its earnings during the period fell in every
business segment inside and outside the US. Shell's report "was a
standout result out of the Big Five," said Thomas Adolff, the head
of European oil and gas equity research at Credit Suisse.
A fuller story is available on WSJ.com
WSJ City: The news, the key facts and why it matters. Be deeply
informed in less than five minutes. You can find more concise
stories like this on the WSJ City app. Download now from the App
Store or Google Play, or sign up to newsletters here
http://www.wsj.com/newsletters?sub=356&mod=djemwsjcity
(END) Dow Jones Newswires
May 02, 2019 06:47 ET (10:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Shell 'A' (NYSE:RDSA)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Shell 'A' (NYSE:RDSA)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
Royal Dutch Shell A (뉴욕 증권거래소)의 실시간 뉴스: 최근 기사 0
More Royal Dutch Shell A News Articles