The company reported a Q1 17 at $3.75bn from $1.55bn a year ago and much higher than the $3bn expected by the consensus. By division 1) In the integrated gas division the group reported an adjusted net income of $1.19bn, up by 19% yoy thanks to higher realized oil, gas and LNG prices while LNG volumes also increased. Trading also increased according to the company compared to last year. Natural gas production available for sale decreased by 6% yoy mainly as a result of a controlled shutdown o
04 May 2017
Strong cash flow generation, supportive chemicals
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Strong cash flow generation, supportive chemicals
Shell Plc (SHEL:LON) | 2,898 -347.7 (-0.4%) | Mkt Cap: 185,537m
- Published:
04 May 2017 -
Author:
Alexandre Andlauer -
Pages:
3
The company reported a Q1 17 at $3.75bn from $1.55bn a year ago and much higher than the $3bn expected by the consensus. By division 1) In the integrated gas division the group reported an adjusted net income of $1.19bn, up by 19% yoy thanks to higher realized oil, gas and LNG prices while LNG volumes also increased. Trading also increased according to the company compared to last year. Natural gas production available for sale decreased by 6% yoy mainly as a result of a controlled shutdown o