SOURCE: Streetwise Reports

Streetwise Reports

November 07, 2016 09:00 ET

The Energy Report Examines Shell's Boost in Earnings in Q3 Following BG Acquisition

SAN FRANCISCO, CA--(Marketwired - November 07, 2016) - Despite depressed oil prices, Royal Dutch Shell Plc's (NYSE: RDS.A) (NYSE: RDS.B) announced strong Q3/16 earnings. The company attributes the gains, in part, to the now-completed integration of BG Group Plc, which it acquired in February.

Included in this interview is: Royal Dutch Shell Plc

Shell CFO Simon Henry stated that the company's Q3 production is up 25% over the previous year, to 3.6 million barrels of oil equivalent per day. BG has "ramped up" production to about 800,000 barrels a day.

Continue reading this interview: Shell Boosts Earnings in Q3/16 Following BG Acquisition

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The Energy Report shares investment ideas for the oil & gas, renewable and alternative energy industries. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

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Royal Dutch Shell is a sponsor of Streetwise Report. The companies mentioned in this article were not involved in any aspect of the article preparation. Streetwise Reports does not accept stock in exchange for its services. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

The full disclosure is provided at the end of the published article: Shell Boosts Earnings in Q3/16 Following BG Acquisition

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