Dividends4Life: Don’t Sleep on Royal Dutch Shell

Don’t Sleep on Royal Dutch Shell

Posted by D4L | Tuesday, August 18, 2015 | | 0 comments »

One of the biggest stories of 2015 has been the pain in American energy stocks. But that pain isn’t exclusive to the States — European giant Royal Dutch Shell (RDS.A, RDS.B) just reported earnings, and like many of its peers, the profit front doesn’t look great. The latest earnings report from RDS is a reflection of just how bad oil prices have been, and how badly profits are being crimped.

Still, there’s hope for Royal Dutch Shell. The company’s ongoing acquisition plans — as well as continued cost cutting — could turn the tide and make RDS stock worthy of a buy. RDS reported drastically lower profits for its second quarter. Adjusted earnings of $3.4 billion came in about 33% lower than the year-ago period’s $6.1 billion. On a per-share basis, Royal Dutch Shell’s $1.20 in profits easily beat Zacks estimates of 93 cents, however. Ignore the earnings slump. RDS.A and RDS.B should regain their mojo as BG continues to fire on all cylinders.

Source: InvestorPlace

Related Articles:
- International Diversification May Be Closer than You Think
- 10 Small/Mid-Cap Dividend Growth Stocks Answering The Call
- Free Cash Flow Payout vs. Dividend Payout
- 8 Dividend Stocks With The Right Stuff
- 6 Dividend Stocks Trading at a Double-Digit Discount

Click here to have future posts delivered to you for free!

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.

~

Popular Posts Last 30 Days