[...] 49,869 45,664 45,784 58,470 63,638 Cash and cash equivalents 20,312 19,130 31,752 21,607 9,696 95,404 86,569 93,358 99,778 103,343 Total assets 407,097 411,275 340,157 353,116 357,512 Liabilities Non-current liabilities Debt 73,870 82,992 52,849 38,332 36,218 Trade and other payables 4,428 6,925 [...]
[...] administrative expenses 237 584 546 607 692 Cash flow from operating activities 6,467 9,132 7,728 12,689 12,273 Of which: Working capital movements (2,149) 2,842 (444) (2,324) 488 Capital employed 87,462 86,631 62,481 62,127 60,657 Upstream Segment earnings 1,551 (3,674) (8,833) 5,231 3,640 [...]
[...] long-term nature of our industry. Cash flow priorities Priorities for cash 1 Debt reduction 2 Dividends 3 Buybacks & capital investment Continue to reduce gearing to 20% Cancel scrip dividend Buy back shares Progress towards a world-class investment case Increase shareholder distributions Our [...]
CCS earnings $15.8 billion excluding identified items Cash flow from operating activities $35.7 billion at an average $54/b Brent oil price Total dividends distributed $15.6 billion of which $4.8 were settled under the Scrip Dividend Programme Free cash flow $27.6 billion Divestments $22 billion [...]
[...] investment case. This involves growing free cash flow and increasing returns, all built upon a strong financial framework and resilient portfolio; to thrive in the energy transition by responding to society’s desire for more and cleaner, convenient and competitive energy; and to sustain a strong [...]
We continuously seek to improve our operating performance, with an emphasis on health, safety, security, environment and asset performance. In order to maximise sustainable free cash flows, we will also continue to manage operating expenses, capital investment, divestments and delivery of new [...]
The Conventional Oil and Gas business is a cash engine for Shell. It plays a key role in improving and sustaining oil and gas production. By producing safely and reliably, this business should deliver resilient and attractive returns and free cash flow, to fund the development of new opportunities [...]
[...] prices, helped us to increase our operating cash flow in 2017. Our $30 billion divestment programme for 2016-2018 also made good progress, including in Australia, Canada, Gabon and the UK. This reshaping of our portfolio is part of our ongoing effort to raise efficiency by reducing costs and [...]
[...] gas from Arrow’s Surat Basin fields would flow to the QCLNG venture, which would then both sell gas to local customers and export it through its gas plant on Curtis Island. In January 2018, we announced an agreement to acquire a 43.83% interest in Silicon Ranch Corporation, a leading US [...]
Cash engines are strategic themes that are expected to provide strong and resilient returns and free cash flow, funding shareholder returns and strengthening the balance sheet. Shell continues to invest in selective growth opportunities for cash engines. In May 2017, Shell completed the sale of [...]
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