THE WALL STREET JOURNAL
APRIL 23, 2010
FRANKFURT (Dow Jones)–The following is a summary of analysts’ forecasts for Royal Dutch Shell PLC’s (RDSB) first-quarter results, based on a poll of 12 analysts by Dow Jones Newswires (in million USD, target price in pence, production in kboe/d, according to IFRS). Earnings figures are scheduled to be released April 28.
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CCS Earnings Production Target
1st Quarter adjusted(a) (kboe/d) Price Rating
AVERAGE 3,976 3,401 2,128
Prev. Year 3,010 3,395 n.a.
+/- in % +32 +0.2 n.a.
MEDIAN 3,956 3,413 2,100
Maximum 4,210 3,480 2,350
Minimum 3,716 3,228 2,000
Amount 12 12 9
Barclays 4,182 3,480 2,350 Equalweight
Benchmark Cap. 3,809 3,228 -- Sell
Citigroup 3,957 3,396 2,200 Buy
DnB NOR 3,941 3,375 -- Buy
Exane BNP Par. 4,156 3,446 2,150 Outperform
ING 3,954 3,419 2,020 Hold
Keijser Capital 4,210 3,477 2,100 Hold
Morgan Stanley 4,015 3,428 2,000 Underweight
Oddo 3,716 3,406 2,050 Add
Oppenheimer 3,947 3,274 -- Perform
Societe Generale 3,800 3,399 2,230 Buy
UniCredit 4,030 3,480 2,050 Hold
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