Shell planning $565M Brazil renewable energy investment

  • Royal Dutch Royal Dutch Shell 's ( Royal Dutch Shell A .A, Royal Dutch Shell A .B) Brazilian subsidiary plans to spend 3B reais ($565M) on renewable energy project in the country through 2025, mostly related to solar energy.
  • The move was made public during the local launch for Royal Dutch Shell Energy, the company's division focused on decarbonization, environmental products and renewable energy.
  • Royal Dutch Shell 's head of renewable development for Latin America, Gabriela Oliveira, says the unit has 2 GW of solar energy projects under development and expects to reach 5 GW by year-end 2021.
  • The company also plans to develop the Marlim Azul natural gas-fired thermal plant and expects to begin generation by next year, Oliveira says.

    Over the current book year the company from Den Haag could achieve a revenue around 279.35 billion euros (consensus estimates). This is rather significant more than 2021's revenue of 180.54 billion euros.

    Historical revenues and results Royal Dutch Royal Dutch Shell plus estimates 2021

    historische koersen

    The analysts expect for 2021 a net profit of 19.06 billion euros. For this year the consensus of Royal Dutch Royal Dutch Shell 's result per share is a profit of 2.43 euros. The price/earnings-ratio is then 8.

    Huge dividend Royal Dutch Royal Dutch Shell

    For this year the analysts expect a dividend of 84 cents per share. Thus the dividend yield equals 4.32 percent. The average dividend yield of the oil & gas producers is an attractive 2.91 percent.

    Latest estimates around 20 euros

    The latest 3 recommendations for the oil & gas producer were provided by DZ Bank, Berenberg and Barclays .

    Royal Dutch Royal Dutch Shell 's market value equals around 80.65 billion . 93

    At 15.33 the stock trades 1.82 percent higher at 19.43 euros.

    Historical stock prices Royal Dutch Royal Dutch Shell

    financial analysis royaldutchshell

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