Shell likely to miss own emission reduction goals, shareholder group says

  • Royal Dutch Royal Dutch Shell ( Royal Dutch Shell A .A, Royal Dutch Shell A .B) is on track to miss its own emission reduction targets in the coming decades, according to a new analysis by Global Climate Insights.
  • Royal Dutch Shell 's energy transition strategy "is still materially driven by fuels that will increase emissions, producing a growth strategy that will not truly align with a decarbonizing world," the study says, as reported by Bloomberg.
  • The research casts doubt on Royal Dutch Shell 's own climate goals as well as its ability to comply with a landmark Dutch court order earlier this year to cut emissions 45% by 2030 from 2019 levels.
  • Royal Dutch Shell already had pledged to cut GHG emissions by 20% by 2030 and to net-zero by 2050, but GCI says the company will not meet the target established by the court ruling "and will instead increase net emissions by 4.4%."
  • If Royal Dutch Shell is to align with the 2015 Paris Agreement's goals of keeping global temperature increases to 1.5 degrees Celsius, it needs to pursue growth beyond gas more aggressively, according to the report.

    For this year the company, located in Den Haag revenue will be around 279.06 billion euros. This is according to the average of the analysts' estimates. This is hugely more than 2021's revenue of 180.54 billion euros.

    Historical revenues and results Royal Dutch Royal Dutch Shell plus estimates 2021

    fundamantele data

    The analysts expect for 2021 a net profit of 19.21 billion euros. According to most of the analysts the company will have a profit per share for this book year of 2.44 euros. So the price/earnings-ratio equals 8.67.

    Huge dividend Royal Dutch Royal Dutch Shell

    Per share the analysts anticipate on a dividend of 84 cents per share. Thus the dividend yield equals 3.97 percent. The average dividend yield of the oil & gas producers equals an attractive2.91 percent.

    Newest target prices around 21 euros

    Independent Research, DZ Bank and Barclays recently provided recommendations for the stock.

    Royal Dutch Royal Dutch Shell 's market capitalization is based on the number of outstanding shares around 87.83 billion euros. 99

    At 17.37 the stock trades 1.61 percent higher at 21.16 euros.

    Historical stock prices Royal Dutch Royal Dutch Shell past 10 years

    financial analysis royaldutchshell

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