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

ROYAL DUTCH SHELL PLC

(RDSA)
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Royal Dutch Shell : Explosions Rock Shell, AGIP Facilities in Bayelsa

11/25/2020 | 06:06am EST

Explosions have damaged oil and gas facilities belonging to the Shell Petroleum Development Company of Nigeria and the Nigerian Agip Oil Company around Ikarama in the Yenagoa Local Government Area of Bayelsa State.

It was gathered that the blasts may have resulted from attacks on the oil facilities by unknown persons on Monday.

A youth leader in the community, Ben Warder, said residents heard loud sounds from the affected oilfields and were very afraid to go near the impacted area.

"The site is not far from Ikarama. We heard sounds from the blasts and it sounded like dynamites," Warder said.

"It was not safe to go near, so when the situation became quiet we had to trace what happened and it turned out that Shell's gas pipeline and Agip's crude lines were destroyed.

"The incident resulted in air pollution from the gas pipeline and crude leak which members of the affected communities are battling to cope with," he added.

A spokesperson for the SPDC, Michael Adande, confirmed the incident, saying the impacted facility had been shut down to curtail further damage.

He said, "We have a report of interference on our pipeline about 1 kilometre from Ikarama community in Bayelsa State.

"We immediately shut-in the line and we have informed the relevant regulatory government agencies and stakeholders.

"A government-led joint investigation team will determine the cause of the interference."

Vanguard News Nigeria

Copyright Vanguard. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Financials (USD)
Sales 2020 213 B - -
Net income 2020 -13 759 M - -
Net Debt 2020 73 548 M - -
P/E ratio 2020 -8,38x
Yield 2020 3,44%
Capitalization 148 B 149 B -
EV / Sales 2020 1,04x
EV / Sales 2021 0,84x
Nbr of Employees 83 000
Free-Float 99,8%
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Technical analysis trends ROYAL DUTCH SHELL PLC
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 22,94 $
Last Close Price 19,58 $
Spread / Highest target 61,5%
Spread / Average Target 17,1%
Spread / Lowest Target -36,7%
EPS Revisions
Managers and Directors
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
Linda Gillespie Stuntz Independent Non-Executive Director
Sector and Competitors
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ROYAL DUTCH SHELL PLC10.09%148 507
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PETRÓLEO BRASILEIRO S.A. - PETROBRAS-4.41%65 595