Royal Dutch Shell plc (ADR) (RDS.A) was Resumed by Exane BNP Paribas to “Neutral”. Exane BNP Paribas advised their investors in a research report released on Oct 11, 2016.
Many Wall Street Analysts have commented on Royal Dutch Shell plc (ADR). Royal Dutch Shell plc (ADR) was Resumed by Raymond James to “Mkt Perform” on Aug 10, 2016. Royal Dutch Shell plc (ADR) was Downgraded by Liberum to ” Hold” on Aug 2, 2016. Royal Dutch Shell plc (ADR) was Downgraded by RBC Capital Mkts to ” Sector Perform” on Aug 1, 2016.
On the company’s financial health, Royal Dutch Shell plc (ADR) reported $0.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.14 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.27. The company had revenue of $58415.00 million for the quarter, compared to analysts expectations of $60817.68 million. The company’s revenue was down -19.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 EPS.
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company is engaged in the principal aspects of the oil and gas industry in more than 70 countries. The Company operates in three segments: Upstream Downstream and Corporate. In Upstream the Company focuses on exploration for new liquids and natural gas reserves and on developing new projects. In Downstream the Company focuses on turning crude oil into a range of refined products which are moved and marketed around the world for domestic industrial and transport use. The Company’s Upstream Americas business manages Shell’s Upstream activities in North and South America. It also extracts bitumen from oil sands that is converted into synthetic crude oil. The Company’s Upstream International business manages Shell’s Upstream activities outside the Americas. The Company’s Downstream business manages Shell’s refining and marketing activities for oil products and chemicals.