Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘August 1st, 2017’

Royal Dutch Shell Gearing Up To Stay ‘Fit For The Forties’

By Aisha Rahman: Jul. 31, 2017 6:49 PM ET

Summary

Q2 2017 saw better YoY profits. However, the same cannot be said for QoQ results, due to lower oil prices in Q2.

There were notable improvements in the cash flow position, and I expect this trend to continue on for the rest of the year.

As the company gears up to stay “resilient to market changes,” it is seeking to control its cost lines and step into the renewable energy business.

I had written an earnings preview on Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) a few days before the company posted its Q2 results for the year. I decided to do a spin-off article to that in response to their earnings announcement for the quarter, and talk about the tone the company has set for the rest of the year. read more

%d bloggers like this: