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Hurricane Ida lands $500m blow to Shell’s Q3 earnings forecast

In an SEC filing yesterday, Royal Dutch Shell provided an update to its third-quarter 2021 outlook. The report notes that Hurricane Ida, which hit the US Gulf of Mexico in August, had an aggregate adverse impact of up to $500m on the company’s adjusted earnings for the quarter: upstream operations are expected to be impacted …

WP_Post Object ( [ID] => 258506 [post_author] => 104 [post_date] => 2021-10-08 05:51:46 [post_date_gmt] => 2021-10-08 05:51:46 [post_content] =>

In an SEC filing yesterday, Royal Dutch Shell provided an update to its third-quarter 2021 outlook. The report notes that Hurricane Ida, which hit the US Gulf of Mexico in August, had an aggregate adverse impact of up to $500m on the company’s adjusted earnings for the quarter: upstream operations are expected to be impacted …

[post_title] => Hurricane Ida lands $500m blow to Shell’s Q3 earnings forecast [post_excerpt] => In an SEC filing yesterday, Royal Dutch Shell provided an update to its third-quarter 2021 outlook. The report notes that Hurricane Ida, which hit the US Gulf of Mexico in August, had an aggregate adverse impact of up to $500m on the company’s adjusted... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => hurricane-ida-lands-500m-blow-to-shells-q3-earnings-forecast [to_ping] => [pinged] => [post_modified] => 2021-10-08 05:51:46 [post_modified_gmt] => 2021-10-08 05:51:46 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=152712 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )