Royal Dutch Shell Triples Profits on Refining and Chemicals

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  • 27 Jul '17 at 11:08 am #10628
    ThePitBoss
    Participant

    [article]78[/article]

    27 Jul '17 at 6:27 pm #10629
    TradersCom
    Keymaster

    Impressive run down in debt – the risk with all this is letting go of good assets. They seem to have done well. Like Exxon a very strong Chemical division to help hedge low oil.

    27 Jul '17 at 7:55 pm #10634
    Helmholtz Watson
    Participant

    [quote=”TradersCom” post=352]Impressive run down in debt – the risk with all this is letting go of good assets. They seem to have done well. Like Exxon a very strong Chemical division to help hedge low oil.[/quote]

    Agree BG was overpaid and at a bad time – they have done well pulling it back

    29 Jul '17 at 12:17 am #10689
    TradersCom
    Keymaster

    Yes they have cleared a lot of decks over the past year from previous poorly made decisions thinking oil and gas was going one way up.

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