Atlantic View – Streamlining and Resilience Have Laid The Foundations For Recovery at Shell #RDSB July 30, 2020 – Posted in: Blog

Streamlining and Resilience Have Laid The Foundations For Recovery at Shell #RDSB by John Woolfitt, Atlantic Capital Markets Fundamentals and Statement Summary Anglo Dutch oil giant Royal Dutch Shell (RDSB) today announced results for Q2 2020, which include impairments of $16.8 billion post-tax (6.1% of average capital employed), reflecting revised price and margin assumptions. Shell reported ‘very strong crude and oil products trading and optimisation results’ and a resilient marketing performance, and said it was…

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