Report
Allen Good
EUR 100.00 For Business Accounts Only

Shell's improved portfolio earns a narrow moat rating.

Best Idea Shell’s second-quarter earnings report proved to be somewhat disappointing, as higher oil prices did not translate into the increase in earnings and cash flow the market was expecting despite reporting strong year-over-year increases. Though the results were received negatively by the market, we do not see them as indicative of future potential. Our fair value estimate and no-moat rating remain unchanged, leaving Shell as one of the most undervalued integrateds.
Adjusted earnings for t...
Underlying
Royal Dutch Shell PLC ADS CL B

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Allen Good

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