JOHN DONOVAN FEBRUARY 9, 2014

Royal Dutch Shell completely whiffed in the U.S. and North America

Feb 9th, 2014 

by John Donovan. 

No comments yet

Oil prices in the United States hover near $100 per barrel and overall domestic production of oil and natural gas is soaring. With all this in mind, you’d assume the environment would be ripe for Big Oil to produce gushing profits.

Royal Dutch Shell completely whiffed in the U.S. and North America. Its Americas segment posted a $1.4 billion net loss in the fourth quarter and a $3.7 billion net loss for all of 2013.

FULL ARTICLE

Posted in: Canada, Gas, Oil, Oil Company Profits, Oil Prices, Profits Warning, Royal Dutch Shell Plc, United States.
Tagged: Alaska · Arctic Ocean · Oil · Oil Prices · Royal Dutch Shell Plc · The Motley Fool

The TRUTH will set you FREE.