Royal Dutch Shell Trades at a Significant Discount to U.S. Peers. The Stock Is One of Barron’s Top Picks for 2022.

Energy supplies could be tight and prices high for years. Royal Dutch Shell (ticker: RDS.B) stands to capitalize as one of the world’s top energy operations. It trades at a significant discount to its U.S. peers, Exxon Mobil (XOM) and Chevron (CVX).

Shell’s U.S.-listed shares trade around $43, just seven times projected 2022 earnings, against…

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