Report
Ahmed Ben Salem

Royal Dutch Shell Plc : Reduction in dividends – Shell seeking a fresh start

>Q1 2020 results: 7% ahead of our expectations and 27% above the consensus - Adjusted attributable net profit came in at $ 2.86bn in Q1 2020, 7%/27% ahead of our estimates and those of the consensus in a tough environment which is deteriorating further in Q2. The group announced that it has cut its dividend by 66% whilst the majority of competitors have maintained their dividends.IG continues to show good resilience, upstream under pressure, production d...
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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