Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

ROYAL DUTCH SHELLA : Shell Remains Committed To Natural Gas Strategy - CEO Voser

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/22/2012 | 01:51pm CET

Royal Dutch Shell PLC (RDSB) believes rising natural gas demand will underpin its future profits, even though oil pricing still accounts for 80% of its margins, its Chief Executive Peter Voser said Tuesday.

The oil giant, which expects to produce more natural gas than crude oil for the first time this year, has invested heavily in gas assets in the U.S. and Australia. However, U.S. gas prices have fallen to decade-lows as new production techniques have resulted in a glut of supply from shale rock sources.

But despite this the long-term pricing outlook for natural gas remains strong, said Voser, as Asian-Pacific customers are increasingly switching from powering their industrial plants with oil to gas.

However "margins are driven 80% by the oil side," he said, referring to Shell's ability to transform gas into more valuable fuel products like diesel that sell at prices linked more closely to crude. The company, the world's largest shipper of liquefied natural gas, is also able to benefit from the difference in regional gas prices.

Voser also said Shell remains committed to the fully-integrated operating model, where a single oil company extracts, transports, refines and sells hydrocarbon products.

While some analysts have argued that major oil companies like Shell should sell off their refining businesses to better realize high commodity prices, Voser said the long-term outlook for the model was good.

"We will drive an integrated philosophy because that is where the future growth will lie," said Voser, who was addressing Shell's annual shareholder meeting.

-By Alexis Flynn, Dow Jones Newswires; +44 207 842 9471; alexis.flynn@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ROYAL DUTCH SHELL A
02/23 ROYAL DUTCH SHELL A : Shells LNG forecast rekindles hope in Brass LNGs future
02/23 ROYAL DUTCH SHELL A : 4th Quarter 2016 Scrip Dividend Reference Share Price
02/22 ROYAL DUTCH SHELL A : Shell’s New LNG Forecast Rekindles Confidence in Bra..
02/21 ROYAL DUTCH SHELL A : Shell’s New LNG Forecast Rekindles Brass LNG Profita..
02/21 ROYAL DUTCH SHELL A : Shell launches LNG Outlook
02/21 ROYAL DUTCH SHELL A : Shell And Toyota Partner On Hydrogen Refueling Stations In..
02/21 ROYAL DUTCH SHELL A : 19 Nigerian academics conduct research in Shell sabbatical..
02/21 ROYAL DUTCH SHELL A : *goldman cuts shell to 'buy' (conviction buy) - price targ..
02/20DJPlatts Expands Oil Grades for North Sea Benchmark Price
02/20 ROYAL DUTCH SHELL A : Global LNG demand set to grow by 4-5pct by 2030
More news
Sector news : Oil & Gas Refining and Marketing - NEC
02/24 Canada energy sector sidelined as Big Oil chases fatter profits
02/24DJCorrection to article on energy sector's position on border-adjustment tax
02/24DJPHILLIPS 66 : Reports FCCU Maintenance at Borger Refinery
02/24 YPF, Shell sign deal for Vaca Muerta pilot project
02/24DJBorder-Adjustment Tax Divides Energy Sector -- Update
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
02/24 YPF announces deal with Shell for Vaca Muerta pilot project
02/21 Total is new Conviction Buy among big European oils at Goldman
02/21 Shell sees no LNG glut as demand rises
02/17 Take The Road Less Traveled
02/15 Eni, BP to invest more in Egypt than anywhere else this year
Advertisement
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 13,68
P/E ratio 2018 12,02
EV / Sales 2017 0,98x
EV / Sales 2018 0,87x
Capitalization 216 738 M
More Financials
Chart ROYAL DUTCH SHELL A
Duration : Period :
Royal Dutch Shell A Technical Analysis Chart | RDSA | GB00B03MLX29 | 4-Traders
Full-screen chart
Technical analysis trends ROYAL DUTCH SHELL A
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 30,5 $
Spread / Average Target 18%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
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
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL DUTCH SHELL A-5.06%216 738
EXXON MOBIL CORPORATIO..-9.40%336 214
BP PLC-12.26%109 287
CHINA PETROLEUM & CHEM..7.39%100 930
SAUDI BASIC INDUSTRIES..--.--%77 804
RELIANCE INDUSTRIES LI..9.82%57 592
More Results