Shell cuts dividend for first time since WWII as oil crisis bites - Business Insider

📆 30/04/2020 14:45:00
📰 BusinessInsider

⏱ Reading Time:
27 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

'It's amputation': Shell cut its dividend for the first time since World War II, the latest sign of the brutal crisis decimating the oil industry

the closer contracts moves towards expiry.

"Whilst BP chose to absorb a $6bn rise in net debt to $51bn and gearing above 36x in order to preserve its precious dividend, Shell seems to be taking a more prudent approach in cutting its dividend for the first time since the 1940s. "Our industry has been hit by supply and demand shocks on a scale never seen before," Bernard Looney, BP's CEO, Bank of America says an under-the-radar gauge of volatility is warning that the bear market is not over — and shares 2 cheap trades to protect against the next drop

Scrivi un Commento

😟

Fuck! ⭐️

Ahtisham_00

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Europe stocks rise at the open; Royal Dutch Shell lower after first dividend cut since second world warThe rally in European stocks continued on Thursday, with the Stoxx Europe 600 undefined up 0.5% in early action. The gains come on optimism over medical...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »