Home Stock Market Shell forecasts Hurricane Texas could cause up to $ 200 million in...

Shell forecasts Hurricane Texas could cause up to $ 200 million in damage to Reuters’ first quarter earnings


© Reuters. FILE PHOTO: A Shell sign is pictured near Nowshera

LONDON (Reuters) – Royal Dutch Shell (LON 🙂 said on Wednesday it expected its first quarter adjusted earnings to hit $ 200 million due to extreme cold weather in Texas during the quarter. .

In an update ahead of the first quarter’s results on April 29, Shell, the world’s largest fuel retailer, said it had seen refined oil product sales at a level. from 3.7 to 4.7 million barrels per day (bpd) in the first quarter. (Graphics: Selling Shell fuel products, https://graphics.reuters.com/SHELL-EMISSIONS/xlbvgxnadpq/chart.png)

Disclaimer: Fusion Media wants to remind you that the data contained in this website is not necessarily real-time nor is it accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but are provided by the market makers, so the prices may be inaccurate and may differ from actual market price, which means that price is indicative only and not suitable for trading purposes. Consequently, Fusion Media accepts no liability whatsoever for any transaction losses you may incur as a result of using this data.

Fusion Media or anyone associated with Fusion Media will not be liable in any way for loss or damage resulting from dependence on information including data, quotes, charts and buy / sell signals contained in the this site. Please be fully informed about the risks and costs associated with trading the financial markets, which is one of the riskiest investments possible.



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments