Following the Q3 17 earnings results, we have adjusted our model. As a reminder, the key highlights on the better than expected Q3 17 figures ($4.1bn vs. $3.6bn expected) were: - In the integrated gas business, the group reported clean earnings of $1.3bn, up from $0.9bn a year ago, thanks to higher realised energy prices (oil & gas and LNG), as well as higher production and LNG liquefaction volumes. Total production was up 10% to 1mbpd and LNG volumes up 11%, mainly due to higher producti
22 Nov 2017
Another good quarter, due to some exceptionals
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Another good quarter, due to some exceptionals
Shell Plc (SHEL:LON) | 2,628 315.4 0.5% | Mkt Cap: 169,179m
- Published:
22 Nov 2017 -
Author:
Alexandre Andlauer -
Pages:
3
Following the Q3 17 earnings results, we have adjusted our model. As a reminder, the key highlights on the better than expected Q3 17 figures ($4.1bn vs. $3.6bn expected) were: - In the integrated gas business, the group reported clean earnings of $1.3bn, up from $0.9bn a year ago, thanks to higher realised energy prices (oil & gas and LNG), as well as higher production and LNG liquefaction volumes. Total production was up 10% to 1mbpd and LNG volumes up 11%, mainly due to higher producti