Royal Dutch Shell plc publishes third quarter 2021 press release and dividend info posted on Company News.

[idpickering]

Here; viewtopic.php?p=453756#p453756

Shell RDSB are a mainstay in my HYP, and doubtlessly that of other HYPers too, so this should be of interest hereabouts.

Ian.

[monabri]

Old news....April 2020

https://www.forbes.com/sites/christophe ... 60105152d9

"Van Beurden’s shocking admission: “We do not expect a recovery of oil prices or demand for our products in the medium term.”

source: https://www.telegraph.co.uk/markets-hub/commodity/C7



It strikes me that Mr vB ( CEO of Shell) was perhaps being very pessimistic at the time ( or prudent in the face of events beyond his control more likely).

However, if the break even price for Shell is even approaching $36 ( from a previous $51 per barrel break even price) , coupled with a significant dividend saving, then surely Shell must be awash with money?