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What to Expect from Shell’s Segments in the Second Quarter

Michelle Rey
Updated
What to Expect from Shell’s Segments in the Second Quarter

In this article, we’ll analyze Royal Dutch Shell’s (RDS.A) segmental earnings performance in Q1 2018 and then move onto Shell’s Q2 2018 earnings expectations. Shell’s adjusted profit rose by 41% YoY due to a threefold rise in upstream earnings in Q1 2018 over Q1 2017, which was mainly led by higher oil prices. Also, Shell’s integrated gas earnings doubled year-over-year in Q1 2018 led by higher volumes and realizations. However, Shell’s downstream earnings declined by 33% YoY in the first quarter due to the weaker refining environment.

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