Shell reported Q4 17 results which were 5% above expectations at $4.3bn vs $4.1bn expected. The upstream division accounted again for more than the refining division, at $1.6bn, three times higher than the previous quarter. The quality of the results are better than in the first nine months of the year even if cash flow from operations is a bit disappointing.
01 Feb 2018
First view: Q4 17 5% above expectations, weak cash flow
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First view: Q4 17 5% above expectations, weak cash flow
Shell Plc (SHEL:LON) | 2,898 -347.7 (-0.4%) | Mkt Cap: 185,537m
- Published:
01 Feb 2018 -
Author:
Alexandre Andlauer -
Pages:
2
Shell reported Q4 17 results which were 5% above expectations at $4.3bn vs $4.1bn expected. The upstream division accounted again for more than the refining division, at $1.6bn, three times higher than the previous quarter. The quality of the results are better than in the first nine months of the year even if cash flow from operations is a bit disappointing.