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Shell increases profit

The company continues to adapt to the situation in the oil markets.

28.Jul.17 12:19 AM
By Catherine Brooke
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Shell increases profit
On Thursday, July 27, it became known that the international company Shell continues to increase its profits. Such statistics, experts say, are explained by the high level of the group's adaptation to the situation on world oil markets.

Over the last quarter, the Anglo-Dutch concern has earned 1.9 billion US dollars. By the amount of Shell's profit can be compared with the net profit of all US oil companies during this period. By the way, last year for the same period Shell earned only 239 million dollars.

Profit slightly devalued the forced steps to eliminate part of the company's divisions: it had to be done because of the fragility of the oil market and the low price threshold for black gold.

Another indicator - the movement of cash from operations - also shows now a stable positive trend. Now the figure is 11.3 billion dollars.

Over the past 12 months, Shell has managed to get $ 38 billion in cash. This is enough to ensure their debts and fully pay off with the shareholders, paying dividends

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