Royal Dutch Shell plc (ADR) (NYSE:RDS.A), the biggest European oil company, posted first quarter results beating the analyst estimates on account of higher natural gas revenues. The first-quarter profit excluding inventory changes and onetime items fell 3% to $7.3 billion over the last one year. This beats the average analyst forecast of $5 billion, according to the Bloomberg. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) shares advanced 0.24% in last trading session and ended up $80.50.
Statoil ASA (ADR) (NYSE:STO) reported that it has set a goal of recovering an average of 70% of the oil in its Johan Sverdrup field on the Norwegian continental shelf. The company said that by focusing its attention carefully on increasing oil recovery, it has steadily improved the recovery rates and longevity of the large fields it develops. Statoil ASA (ADR) (NYSE:STO) shares fell -0.45% in last trading session and ended the day on $31.28. Gross Margin is 51.30% and its return on assets is 4.70%. Statoil ASA (ADR) (NYSE:STO) quarterly performance is 30.66%.
Petroleo Brasileiro SA (ADR) (NYSE:PBR) reached an oil production record of 428,000 b/d in company-operated fields in the Santos and Campos basins. The record was aided by increased output from the mid-March launch of operations from the P-58 platform in the Parque das Baleias area of northern Campos, the company noted. The platform has been producing 50,000 b/d through three presalt wells where Petrobras holds 100% interest. Fifteen of twenty-four production wells drilled overall are in the Campos. Nine are in the Santos. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares moved down -3.07% in last trading session and was closed at $15.18, while trading in range of $14.99 – $15.85 -. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) year to date (YTD) performance is 13.88%.
Seadrill Ltd (NASDAQ:SDLP) declared a quarterly dividend on Monday, April 28th, AR Network reports. Investors of record on Tuesday, May 6th will be given a dividend of 0.5075 per share on Wednesday, May 14th. This represents a $2.03 dividend on an annualized basis and a yield of 6.62%. The ex-dividend date of this dividend is Friday, May 2nd. Seadrill Ltd (NYSE:SDRL) ended the last trading day at $35.97. Company weekly volatility is calculated as 2.19% and price to cash ratio as 3.22. Seadrill Ltd (NYSE:SDRL) showed a positive weekly performance of 4.44%.