[...] cost of supplies adjustment does not impact cashflow from operating activities in the Consolidated Statement of CashFlows. The reconciliation of CCS earnings to net income is provided above. Earnings per share $ 2016 2015 2014 2013 2012 Ordinary shares of €0.07 each. Basic earnings per share [...]
[...] Our intention is to generate sufficient free cashflow at the lower end of the price cycle to cover the cash dividend. Cashflow priorities 2016–18 Priorities for cash 1 Debt reduction 2 Dividends 3 Buybacks and capital investment Our priorities for cashflow are reducing debt and paying [...]
[...] case by reshaping Shell to grow free cashflow and increase returns, all underpinned by a conservative financial framework; to reduce our carbon intensity as part of the energy transition; to maintain a position of leadership and influence in our industry and to have the largest value share among [...]
We have identified four levers to manage through the market down-cycle: divestments, reduced capital investment and operating expenses, and delivering new projects that will add significant cashflow. Following the acquisition of BG, we expect the pace of asset sales to increase with $30 billion [...]
[...] model are helping support earnings and cashflow generation. We continue to streamline our Downstream business as part of our ongoing effort to improve efficiency by lowering costs and concentrating on our most competitive positions. We have also sold several large Upstream assets, including in [...]
Conventional oil and gas Cash engine Deep water Growth priority Shales Future opportunity Our Upstream business explores for and extracts crude oil, natural gas and natural gas liquids. It also markets and transports oil and gas, and operates the infrastructure necessary to deliver them to market. [...]
[...] estimate. New production from Kaikias will flow to our Ursa platform Shell minimized the need for new drilling at Kaikias by safely re-developing the exploration and appraisal wells for production. The 50% reduction in total costs versus initial estimates further comes as a result of supply chain [...]
Integrated Gas Cash engine New energies Future opportunity Shell, through its operated and non-operated ventures, is a leading international oil company (IOC) in both liquefied natural gas (LNG) and gas to liquids (GTL). The acquisition of BG underscores our role as the largest IOC marketer and [...]
CCS earnings $7.2 billion excluding identified items Cashflow from operating activities $20.6 billion Total dividends distributed $15.0 billion of which $5.3 billion were settled under the Scrip Dividend Programme Gearing 28.0 % Divestments $4.7 billion Major project startups 8 Organic capital [...]