Royal Dutch Shell PLC

Shell has the highest dividend yield of 7.1% among the integrated energy stocks we’re covering in this series.

ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) have consistently given returns to shareholders in the form of dividends.

Royal Dutch Shell’s (RDS.A) 90-day daily beta fell from 0.96 on April 3, 2017, to 0.85 on April 11, 2017.

Shell’s dividend yield is 7.1%, the highest among the integrated energy stocks in this series.

Chevron’s dividend yield Chevron (CVX) has consistently given returns to shareholders in the form of dividends. Therefore, we have evaluated its dividend yields. Yield is calculated as a ratio of the annualized dividend to stock price. Chevron’s dividend yield rose from 3.3% in 4Q13 to 4.1% in 4Q16, due to a dividend increase coupled with […]

Analyst ratings for Chevron Chevron (CVX) has been rated by 25 analysts. Of the total, 17 analysts have given “buy” or “strong buy” ratings, eight have given “hold” ratings, and none have given “sell” or “strong sell” ratings on the stock. These ratings have improved from March 2016, when Chevron had fewer “buy” ratings, more […]

In this series, we’ll provide updates on Chevron’s market performance. We’ll examine CVX’s latest stock performance, analyst ratings, dividend yield, PEG (price-to-earnings-to-growth) ratio, beta, short interest position, institutional ownership status, and implied volatility movement.

ExxonMobil (XOM) produced 4.1 MMboepd (million barrels of oil equivalent per day) from its worldwide operations in 4Q16.

In its latest analyst meeting, ExxonMobil (XOM) announced that it had plans to concentrate on an integrated earnings model, capturing value at every stage of the energy chain.

Implied volatility in Royal Dutch Shell (RDS.A) currently stands at 16%, which is the highest compared to peers ExxonMobil (XOM), Chevron (CVX), and BP (BP).

ExxonMobil (XOM) has found oil in the Payara-1 Well in the Stabroek Block, positioned 120 miles offshore Guyana. This is the company’s second discovery in the block.

BP (BP) plans to rebalance its sources and uses of cash by 2017 at an oil price level of $50–$55 per barrel.

XOM trades at 8.3x forward EV-to-EBITDA and 21.2x forward price-to-earnings, both above its peer averages.

Shell’s highest and lowest 12-month price targets stand at $66 and $53. It indicates a 27% and 2% rise from its current levels, respectively.

Components of inflation While food inflation in India has been pushing retail inflation up, fuel inflation (BP) (STO) (RDS.B), another important component, has been subdued. According to the October monetary policy statement issued by the RBI (Reserve Bank of India), “Fuel inflation has moderated steadily through the year so far.” The RBI has also announced […]

Falling crude oil prices have changed the segmental dynamics within integrated energy companies such as Royal Dutch Shell (RDS.A).

Battered by falling oil prices, the 2Q16 ROE numbers for ExxonMobil (XOM), Chevron, Royal Dutch Shell, and BP were lower than their five-year average historical ROE figures.

ExxonMobil (XOM) trades at an 8.1x EV-to-EBITDA multiple and a 20.2x price-to-earnings ratio, both above its peers’ averages.

The RBI thinks that risks to inflation are “tilted to the upside.” A subsequent rise in inflation could have a negative impact on consumer spending.

Nine out of the ten companies surveyed rated Royal Dutch Shell (RDS.A) a “buy,” “overweight,” or “outperform.”

Suncor Energy (SU) has witnessed a 34% rise in its short interest since April 2016.

Shell has witnessed a 49% fall in its short interest volumes since February 10, 2016. This indicates that the bearish sentiment for the stock is weakening.

Shell plans to restructure itself to become more resilient to lower oil prices and more focused in terms of assets. To do this, it plans to use four levers.

Asset managers have warned that costs may rise. They recommend inflation-linked securities such as Treasury inflation-protected securities (or TIPS).

Shell’s stock price has largely moved in-line with crude oil prices. This is reflected in the results of a correlation test.

BP’s refining segment has 2.0 million barrels per day of refining capacity worldwide. In the United States, it has around 0.74 MMbpd of refining capacity.

The integrated energy model provides Chevron’s insulation from oil and natural gas price volatility. This is reflected in the results of the correlation test.

The depressed energy market has erased just over $1 trillion of market capitalization from oil and gas companies around the globe.

The correlation coefficients of ExxonMobil to Brent, West Texas Intermediate, and Henry Hub natural gas prices stand at 0.22, 0.35, and 0.36, respectively.

OPEC countries control 40% of global crude oil production and have around 81% of global crude oil reserves, as of 2014.

Geographically, Iran is between the Europe and Asia’s gas markets. Iran could be a potential supplier to China (FXI) through Pakistan and India (INDY).

The Bank of England or BoE is targeting an inflation rate at 2.0% in order to attain economic growth in the United Kingdom.

Total global natural gas reserves stand at 6,606 trillion cubic feet, of which 43% are in the Middle East.

Investors should track the GRM and crack spread of a region where a company’s refinery is located.

RRR reflects how many barrels of oil equivalent the company adds to its reserves in replacement of ones that are produced.

Shell Midstream Partners (SHLX) is a MLP formed by Shell Pipeline Company, an affiliate of the international integrated energy giant, Royal Dutch Shell.

Shell Midstream Partners (SHLX) has a 28.6% ownership in the Mars pipeline, and Shell Pipeline Company has a 42.9% interest.

The Colonial pipeline system is the largest refined products pipeline in the US based on barrels per mile transported.