Shell first quarter 2020 update note
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
US:NYSE Investor Relations:
shell.com/investors.html
Company Research
Source: GlobeNewswire
The Hague, March 31, 2020 - This is an update to the first quarter 2020 outlook provided in the fourth quarter results announcement on January 30, 2020. The impacts presented here may vary from the actual results and are subject to finalisation of the first quarter 2020 results. Unless otherwise indicated, presented earnings impacts relate to earnings on a current cost of supplies basis, attributable to shareholders, excluding identified items. Integrated Gas Production is expected to be between 920 and 970 thousand barrels of oil equivalent per day, this includes the additional volumes from the Egypt offshore assets that were previously reported in the Upstream segment LNG liquefaction volumes are expected to be between 8.8 and 9.2 million tonnesDividend payments from joint ventures and associates are expected to be lower than in other quarters, as is typically the case in the first quarterTrading and optimisation results are expected to be average and approximate
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