Shell beats estimates amid $1.9 bn writedown on U.S. gas

THE HAGUE, Netherlands (Bloomberg) -- Royal Dutch Shell Plc beat analyst second-quarter earnings estimates while pushing ahead with a restructuring program that saw it write off about $1.9 billion in U.S. gas assets. Profit excluding one-time items and inventory changes gained 33% to $6.1 billion from $4.6 billion a year earlier partly on higher U.S. energy prices, The Hague-based Shell said July 31 in a statement. That beat the $5.6 billion average estimate of 18 analysts surveyed by Bloomberg.


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Shell beats estimates amid $1.9 bn writedown on U.S. gas Shell beats estimates amid $1.9 bn writedown on U.S. gas Reviewed by Crude Oil Facilitators on 18:54 Rating: 5

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