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Royal Dutch Shell Earnings Missed the Mark. The Stock Is Falling.

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https://www.barrons.com/articles/royal-dutch-shell-earnings-miss-51635420596


By Rupert Steiner

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U.S.-listed shares of Royal Dutch Shell were falling more than 4% in premarket trading Thursday after the oil major missed third-quarter profit forecasts, citing damage caused by Hurricane Ida in the U.S.

The U.K.-listed company, which is under pressure from activist investor Daniel Loeb’s Third Point to break itself up, had flagged earlier this month it would take a $400 million hit to earnings because of the prolonged outage.

Shell…


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