RDSA NA

Royal Dutch Shell PLC

Energy


Presented:09/14/2016
Price:€21.38
Cap:$191.73B
Current Price:€22.80
Cap:$158.32B

Presented

Date09/14/2016
Price€21.38
Market Cap$191.73B
Ent Value$298.13B
P/E RatioN/A
Book Value€21.26
Div Yield0.08%
Shares O/S8,053.30M
Ave Daily Vol9,562,670
Short IntN/A

Current

Price€22.80
Market Cap$158.32B
Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through three segments: Upstream, Downstream, and Corporate. The Upstream segment combines the operating segments Upstream International and Upstream Americas, which are engaged in exploring for and recovering crude oil and natural gas; the liquefaction and transportation of gas; the extraction of bitumen from oil sands that is converted into synthetic crude oil; and wind energy. The Downstream segment engages in manufacturing, supply and distribution and marketing activities for oil products and chemicals; alternative energy; and CO2 management. The Corporate segment represents the support functions, comprising holdings and treasury, headquarters, central functions and its self-insurance activities. The company was founded in February 1907 and is headquartered in The Hague, Netherlands.

Publicly traded companies mentioned herein: Royal Dutch Shell (RDSA NA), Exxon Mobil (XOM), Anadarko (APC) and Chevron (CVX).

Highlights

Royal Dutch Shell’s Q2 results were quite poor, in part as a result of various one-off costs tied to restructuring initiatives as well as the company’s recent merger with BG Group. Results were also somewhat dampened by some seasonal weakness that impacted most companies in the space, including Exxon Mobil (XOM). Further, Nigeria and Canada were offline for part of the quarter. While admittedly a messy situation with multiple moving parts, the presenter is long the stock on the thesis that most of these issues are poised to reverse over the next couple of quarters. 

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Idea Discussion

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