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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Royal Dutch Shell A    RDSA   GB00B03MLX29

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Royal Dutch Shell A : Shell And Toyota Partner On Hydrogen Refueling Stations In California

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02/21/2017 | 07:53am CET

TOKYO (Alliance News) - Royal Dutch Shell PLC, in partnership with Toyota Motor Corp, will be considered for the installation of hydrogen refuelling equipment into seven retail stations in the state of California and an award of USD16.36 million to develop those stations, Toyota said.

On February 17, The California Energy Commission or CEC posted a Notice of Proposed Award or NOPA outlining subsidies to support hydrogen refuelling infrastructure in California.

"Shell's partnership will bring the expertise and resources of a major energy company to hydrogen infrastructure efforts in California. The team of Toyota and Shell will bring us one step closer to a hydrogen society," said Craig Scott, advanced technology vehicle senior manager, Toyota Motor North America.

Copyright RTT News/dpa-AFX, source Alliance News

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Financials ($)
Sales 2017 288 300 M
EBIT 2017 20 211 M
Net income 2017 15 082 M
Debt 2017 66 285 M
Yield 2017 7,20%
P/E ratio 2017 13,69
P/E ratio 2018 12,02
EV / Sales 2017 0,98x
EV / Sales 2018 0,87x
Capitalization 215 690 M
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Number of Analysts 24
Average target price 30,5 $
Spread / Average Target 18%
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Ben van Beurden Chief Executive Officer & Executive Director
Charles Holliday Chairman
Simon P. Henry Chief Financial Officer & Executive Director
Harry Brekelmans Director-Technology & Projects
Gerardus Johannes Wijers Deputy Chairman
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