logo-loader
Energy
viewRoyal Dutch Shell Plc

Return to all-cash divi shows Shell is 'more confident in overall picture' of oil sector

Marc Gerrits, Royal Dutch Shell's VP Exploration, speaks to Proactive at the Oil & Gas Week 2017 in London.
 
He says the recent return to an all-cash dividend shows that the supermajor is "more confident" in the industry as a whole.
 
"We have taken BG through the transition, we've divested nearly US$30bn of assets that we had committed to, and we are more confident in the overall picture [of the oil industry] than we were before."

Quick facts: Royal Dutch Shell Plc

Price: 2275 GBX

LSE:RDSB
Market: LSE
Market Cap: £181.19 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Thunderbird releases financial numbers as company continues...

Thunderbird Entertainment (CVE: TBRD) Chairman Brian Paes-Braga sat down with Steve Darling from Proactive Investors Vancouver to discuss the company releasing their financial numbers for Fiscal 2019. Paes-Braga addressing the numbers and the one-time non-cash go public charge. Paes-Braga...

3 hours, 48 minutes ago

2 min read