Report
Allen Good, CFA
EUR 147.86 For Business Accounts Only

Shell Demonstrates It’s on the Right Track; Valuation Makes it Most Compelling Integrated

Shell reported posted a recovery in earnings to $2.8 billion from $2.4 billion in the third quarter last year thanks to the integration of BG and early realization of synergies and cost-cutting efforts. Importantly, operating cash flow staged a rebound to $8.5 billion form the anemic levels of $2.3 billion during the second quarter. While both quarters were affected by one-time items, negatively in the second/positively in the third, we view the third quarter as more representative of Shell’s lo...
Underlying
Royal Dutch Shell Plc Class 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.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allen Good, CFA

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch