Report
Ahmed Ben Salem

Royal Dutch Shell Plc : Feedback Management Day rassurant. Shell relève sa guidance de FCF et de Capex et promet un excellent retour de cash

>Guidance de FCF et Capex relevée et 125 Md$ de retour de cash en vue - Shell a tenu hier son management Day à Londres. Il confirme ses objectifs pour 2020 à 28-33 Md$ (25-30 Md$ pré-IFRS 16) mais les relève légèrement pour 2025 à 35 Md$. Cette révision à prix du Brent constant de 60 $/b provient pour l’essentiel d’une meilleure contribution d’IG et du Downstream alors que la croissance en Upstream reste modeste et celle de Power négative. (Suite p2)IG: c...
Underlying
Royal Dutch Shell Plc Class A

Royal Dutch Shell is a holding company. Through its subsidiaries, Co. is engaged in the oil and gas industry. Co. reports its business through four segments: Integrated Gas, which engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products; Upstream, which engaged in the exploration for and extraction of crude oil, natural gas and natural gas liquids; Downstream, which engaged in oil products and chemicals manufacturing and marketing activities; and Corporate, which comprising Co.'s holdings and treasury organisation, its self-insurance activities and its headquarters and central functions.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ahmed Ben Salem

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