Royal Dutch Shell (Netherlands)

Royal Dutch Shell (Netherlands)

Sales: 278.19 Profits: 12.52 Assets: 287.64 Market value: 168.63
Europe’s largest oil company posted an amazing 90% increase in earnings for 2010 and it looks like a strong fourth quarter 2010 oil price rally which hovered around US$90 helped it to end the year US$18.6 billion better off.
At the time of the Gulf of Mexico oil spill, CEO Pete Voser did voice concern over how it could affect the industry, suggesting that it could significantly impact offshore operations, resulting in potentially more regulation and higher costs.
The wholesale sell off of some $30 billion worth of assets put in motion by Voser in the wake of the recession and as part of the its monumental streamlining, certainly didn’t hurt the Dutch oil major.
An improvement in production activities - most notably the world’s first offshore gas production at the Qatargas 4 LNG facility – continue to pave the way for Shell to achieve its 11% increase in oil and gas production by 2012.

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