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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Royal Dutch Shell    RDSA   GB00B03MLX29

ROYAL DUTCH SHELL

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Royal Dutch Shell A : Shell Nigeria Declares Force Majeure on Bonny Light Crude

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05/11/2016 | 07:47am EDT

By Miriam Malek

Shell Petroleum Development Co. of Nigeria has declared force majeure on exports from the Bonny Light pipeline in the west African country.

According to an emailed statement, the force majeure has been declared because of a leak which has closed the Nembe Creek Trunk line. Force majeure has been in force since 12.00 Nigerian time on May 10.

Repairs on the trunk line are being carried out by AITEO Eastern E&P Company, according to the statement. No details were disclosed about how long the repairs could take.

Write to Miriam Malek at miriam.malek@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
ROYAL DUTCH SHELL -0.62% 28.18 Delayed Quote.10.52%
WTI 1.45% 60.05 Delayed Quote.28.72%
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Financials ($)
Sales 2019 356 B
EBIT 2019 33 649 M
Net income 2019 22 790 M
Debt 2019 54 288 M
Yield 2019 5,73%
P/E ratio 2019 11,90
P/E ratio 2020 10,31
EV / Sales 2019 0,89x
EV / Sales 2020 0,85x
Capitalization 263 B
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 36,5 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Bernardus Cornelis Adriana Margriet van Beurden Chief Executive Officer & Executive Director
Charles Otis Holliday Chairman
Jessica Rodgers Uhl Chief Financial Officer & Director
Harry Brekelmans Director-Technology & Projects
Gerard Johannes Kleisterlee Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL DUTCH SHELL10.52%263 161
PETROCHINA COMPANY8.18%202 561
TOTAL11.61%154 349
PETROLEO BRASILEIRO SA PETROBRAS28.75%107 051
EQUINOR ASA6.15%76 201
NK LUKOIL PAO--.--%66 205