Description
Royal Dutch Shell’s Q4 and full year 2023 financial results demonstrated strong performance despite external uncertainties and volatility. The company reported the second-highest cash flow from operations in its history. However, Shell’s personal safety results were slightly lower than in 2022, and teams are focused on improvement in 2024. The company’s process safety results set a new industry record, and progress was made towards targets outlined at Shell’s Capital Markets Day. Shell maintained capital discipline, delivering at the lower end of their $23 billion to $27 billion range, and achieved $1 billion in structural cost reductions, moving towards a target reduction of $2 billion to $3 billion by the end of 2025. As part of their strategy, Shell is leveraging new technologies, such as artificial intelligence, to improve asset performance.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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