Swedish Market Economy

Thursday, January 21, 2016

Shell-profit warns – Swedish Dagbladet

Photo: Peter DeJong / AP

The gain on the so-called CCS basis (cost of supplies) and excluding certain non-recurring items is expected to be in the range of 1.6-1.9 billion dollars. This low estimate of $ 1.8 billion, according to Bloomberg News.

The full year equivalent profits are estimated to be in the range of 10.4 to 10.7 billion dollars.

The items cited in the above calculation is forecast for the fourth quarter to be between a net cost of 0.2 billion dollars to a ‘minor’ positive item. For the full year is expected NRI becomes a net expense of 6.8 to 7.0 billion dollars.

Production amounted , to 3.0 million barrels of oil equivalents per day in the fourth quarter and 2, 9 million for the full year.

The dividend is expected to amount to 1:88 dollars per share for 2015 and a minimum of 1:88 dollars per share for the year 2016.

The interim report released on 4 February.

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