![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2019\/12\/shell-2-1.png\")
<\/figure><\/div>\n\n\n\nINTRODUCTION:<\/h3>\n\n\n\n
Royal Dutch Shell PLC<\/strong> (RDSA.AS or RDSA.L), commonly known as Shell<\/strong>, is a blue-chip British-Dutch <\/sup>oil and gas company headquartered in the Netherlands and incorporated in the United Kingdom. <\/p>\n\n\n\n It is one of the oil and gas “supermajors” and the third-largest company in the world measured by 2018 revenues (and the largest based in Europe).<\/p>\n\n\n\n In the 2019\u00a0Forbes Global 2000<\/a>, Shell was ranked as the ninth-largest company in the world (and the largest outside China and the United States), and the largest energy company.<\/p>\n\n\n\n The company prides itself on paying a consistent dividend. <\/p>\n\n\n\n Based on its closing price of Friday, December 6, 2019, it rewards its shareholders with a 6.5% dividend, one of the biggest of all the major oil companies.<\/p>\n\n\n\n In 2018, the company’s free cash flow came in at US$27.3 billion, more than double the total in 2017. The year prior, free cash flow had been negative, due to very low oil prices in 2016.<\/p>\n\n\n\n In the first half of this year, free cash flow was US$10.9 billion, placing it behind the pace of last year. <\/p>\n\n\n\n Royal Dutch Shell is forecast to bring in US$20.5 billion in free cash flow in 2019 as can be seen from below chart.<\/p>\n\n\n\n Over the past year, many of the big oil companies saw their share prices punished as oil prices declined and net incomes took a significant hit.<\/p>\n\n\n\n While other oil companies were forced to cut their dividends during the oil downturn, Shell has held steady to its commitment to its shareholders. Another plus is the company has a reputation for good management and has been able to keep its debt levels low, as can be seen from below visualization of the company’s balances sheet.<\/p>\n\n\n\n Royal Dutch Shell, is one of the most aggressive global oil and gas producers on clean-energy and climate change.<\/p>\n\n\n\n Shell CEO Ben van Beurden, said on the Januari 31, 2019 earnings call the following:<\/p>\n\n\n\n “I’m quite confident that Paris will be delivered because there is a very significant societal push behind it and if it has to be delivered, it has to be delivered through business. And I intend to fully benefit from that.”<\/em><\/p><\/blockquote>\n\n\n\n Shell has already significantly shifted its business from oil to natural gas, the cleanest fossil fuel, in the last several years. <\/p>\n\n\n\n Eventually, oil and gas will become a far smaller part of the company, with electricity and petrochemicals gaining in share, Van Beurden said on the latest earnings call.<\/p>\n\n\n\n On November first, 2018, S&P raised the long-term issuer credit rating on Anglo-Dutch oil major Royal Dutch Shell PLC to ‘AA-‘ from ‘A+, with a stable outlook.<\/p>\n\n\n\n The rating agency also raised the company’s short-term issuer credit rating to ‘A-1+’ from ‘A-1′ and hiked the ratings on Shell’s rated senior unsecured debt instruments to ‘AA-‘ from ‘A+.”<\/p>\n\n\n\n As can be seen from below chart, the company has never cut its dividend going back to 2005. <\/p>\n\n\n\n It has paid a dividend 47 cents a share or US$0.94 per ADS (American depositary share), since the start of 2014 every quarter since 2014, thus management has shown a commitment to its dividend.<\/p>\n\n\n\n Shell is the UK’s largest dividend payer and among the top three in the world.<\/p>\n\n\n\n Analysts have previously argued that Shell’s ability to reward shareholders in times of lower commodity prices and across multiple years will be the true test of world-class status.<\/p>\n\n\n\n Based on the above, we maintain our Buy Rating on the shares of the company, because it could be a good long-term play for dividend investors focused on a top-notch yield from a consistent payer, in the current environment of negative to near zero interest rate globally.<\/p>\n\n\n\n We own shares of Royal Dutch Shell in our personal portfolio.<\/p>\n\n\n\n PGM Capital is at your service as your, Professional, Trustworthy and Dedicated, Financial Advisor and Asset Management.<\/p>\n\n\n\n Last but not least, before taking any investment decision, always take your investment horizon and risk tolerance into consideration. Keep in mind that share prices do not move in a straight line. Past Performance Is Not Indicative Of Future Results.<\/p>\n\n\n\n Yours sincerely,<\/p>\n\n\n\n Eric Panneflek<\/p>\n","protected":false},"excerpt":{"rendered":" Dear PGM Capital Blog reader, In this weekend\u2019s blog article, we want to discuss with you, Royal Dutch Shell, the greatest Oil supermajor in the market, returning 125 Billion US-Dollar to share holder, yearly as dividend. INTRODUCTION: Royal Dutch Shell PLC (RDSA.AS or RDSA.L), commonly known as Shell, is a blue-chip British-Dutch oil and gas company headquartered in the Netherlands and incorporated in[…]<\/a><\/p>\n","protected":false},"author":2,"featured_media":19433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"class_list":["post-19417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pgm-capital-blog"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/19417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=19417"}],"version-history":[{"count":26,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/19417\/revisions"}],"predecessor-version":[{"id":19453,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/19417\/revisions\/19453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media\/19433"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=19417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=19417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=19417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2019\/12\/oil_rig_0-1.jpg\")
<\/figure><\/div>\n\n\n\nFREE CASH FLOW:<\/h3>\n\n\n\n
![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2019\/12\/20191030_WR_ShellFreeCashFlow_Chart-1024x610.jpg\")
<\/figure><\/div>\n\n\n\nPGM CAPITAL\u2019s ANALYSIS & COMMENTS:<\/h3>\n\n\n\n
![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2019\/12\/Screen-Shot-2019-12-07-at-4.26.40-PM.png\")
<\/figure><\/div>\n\n\n\nShell leads big oil in clean energy shift:<\/h5>\n\n\n\n
![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2019\/12\/1550247763655-1024x576.jpg\")
<\/figure><\/div>\n\n\n\nCredit Rating:<\/h5>\n\n\n\n
Stable Dividend:<\/h5>\n\n\n\n
![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2019\/12\/ServletCharts.png\")
<\/figure><\/div>\n\n\n\nDisclosure:<\/h4>\n\n\n\n
![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2019\/09\/When-you-succeed-we-succeed-transparant-1.png\"){kind=spacer}
<\/figure><\/div>\n\n\n\n![\"\"](\"https:\/\/www.pgmcapital.com\/wp-content\/uploads\/2015\/06\/eric.jpg\")
<\/a><\/figure>\n\n\n\n