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
Don’t Sleep on Royal Dutch Shell
Posted by D4L | Tuesday, August 18, 2015 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
BDCs can be excellent investment options for those seeking high returns, particularly when acquired at favorable valuations and supported by...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.