skip to content

Interim Results

Royal Dutch Shell helped by better oil prices

27 July 2017 08:05

Royal Dutch Shell's (RDSA) income attributable to shareholders rose by 206% to $5,083m in the first half, boosted by better oil prices and its BG acquisition.

CCS earnings rose 403% to $5,301m.

Shell said the second quarter benefitted from higher contributions from Downstream, Upstream and Integrated Gas.

Royal Dutch Shell chief executive officer Ben van Beurden said cash generation has been resilient over four consecutive quarters, at an average oil price of just under $50 per barrel.

"This quarter, we generated robust earnings excluding identified items of $3.6bn, while over the past 12 months cash flow from operations of $38bn has covered our cash dividend and reduced gearing to 25%," he added.

At 8:05am: (LON:RDSA) Royal Dutch Shell share price was +11.5p at 2097.5p

Story provided by StockMarketWire.com

Related Company: RDSA

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.