Historical McDep Analysis of Royal Dutch Shell plc
November 5, 2018 (posted Nov 18); Healthy Business - CVX, XOM, RDS, SU
September 18, 2018 (posted Sep 30); Meter Reader: Low McDep - XOM, CVX, RDS, PXD, RRC, DMLP
July 30, 2018 (posted Aug 19); Durable Cash Generators - CVX, RDS, SU, XOM
June 6, 2018 (posted Jun 24); Royal Dutch Shell (RDS) - Bright Future in Integrated Gas
January 25, 2018 (posted Feb 11); Integrated Oil Value Creators - CVX, RDS, SU, XOM
December 5, 2017 (posted Dec 24); Royal Dutch Shell (RDS) - Share Buyback Ahead
May 30, 2017 (posted Jun 18); Royal Dutch Shell (RDS) - High Yield While Waiting
February 3, 2017 (posted Feb 26); Royal Dutch Shell (RDS) - BG Paying Off
December 6, 2016 (posted Dec 25); XOM, RDS, CVX, TOT - Total Return Upside
August 1, 2016 (posted Aug 14); XOM, RDS, CVX, TOT - Real Return Standouts
December 8, 2015 (posted Dec 27); Royal Dutch Shell (RDS) - Buy on Acquisition Pro Forma
August 3, 2015 (posted Aug 23); XOM, RDS, CVX, TOT - Global Energy Stalwarts
May 1, 2015 (posted May 24); CVX, RDS, TOT, XOM - Raise NPV for TOT and XOM on Cash Margin
April 14, 2015 (posted May 3); Meter Reader: Shell to Acquire BG - Catalyst for Confidence
September 16, 2014 (posted Oct 5); Meter Reader: Royal Dutch Shell (RDSA) - Ben's Growth Strategy
May 1, 2012 (posted May 20); Meter Reader: Royal Dutch Shell (RDS) - LNG and GTL Profit Gains
November 1, 2011 (posted Nov 20); Meter Reader: Raise NPV to $102 from $96 on Reappearing Luster
February 15, 2011 (posted Mar 6); Meter Reader: TOT, STO, RD Pay High Divdends from Global Growth
January 25, 2011 (posted Feb 13); Meter Reader: Surprising Strength in Refining
August 3, 2010 (posted Aug 22); Meter Reader: Results Reinforce Euro and U.S. Buys
May 18, 2010 (posted Jun 6); Meter Reader: European Oil for Contrarians
February 4, 2010 (posted Mar 7); Royal Dutch Shell (RDS) - Cautious Outlook, Nice Dividend
October 29, 2009 (posted Nov 29); Royal Dutch Shell plc (RDS) - Shedding Downstream Image
June 2, 2009 (posted Jun 21); Meter Reader: Restore Buys for MRO, BP and RDS
April 29, 2009 (posted May 24); Royal Dutch Shell (RDS) - Lower Net Present Value to $80 a Share
January 29, 2009 (posted Mar 1); Royal Dutch Shell (RDSA) - Dividend Trend Beats Inflation
October 30, 2008 (posted Nov 30); Royal Dutch Shell (RDS) - Secure Dividend 5.7%
September 5, 2008 (posted Sep 28); Meter Reader Flash: Suspend Buy Recommendations
July 31, 2008 (posted Aug 31); Royal Dutch Shell (RDS) - Rebuilding North American Natural Gas
April 29, 2008 (posted Jun 1); Royal Dutch Shell (RDS) - Non U.S. Energy Mega Cap
January 31, 2008 (posted Mar 2); Royal Dutch Shell (RDS) - Downstream Offset
October 25, 2007 (posted Nov 25); Royal Dutch Shell (RDS) - Healthy Business
July 26, 2007 (posted Aug 19); Royal Dutch Shell - Downstream Benefit
May 3, 2007 (posted Jun 10); Royal Dutch Shell - Record Results
February 1, 2007 (posted Feb 25); Royal Dutch Shell - Buy - Reserves and Earnings Ahead
October 26, 2006 (posted Nov 19); Royal Dutch Shell - Buy - New Structure Working
July 28, 2006 (posted Aug 20); Royal Dutch Shell plc - Buy - Share Buyback Enhances Return
May 5, 2006 (posted Jun 4); Royal Dutch Shell plc - Buy - Tighter Markets and Cost Pressures
February 3, 2006 (posted Mar 5); Royal Dutch Shell - Buy - Lower NPV to $80 a Share
January 11, 2006 (posted Feb 5); Royal Dutch Shell - Buy - Likely Acquirer
October 28, 2005 (posted Dec 4); Royal Dutch Shell plc - Buy - Downstream Gains
October 5, 2005 (posted Oct 30); Royal Dutch Shell plc - Buy - Downstream Beneficiary
August 2, 2005 (posted Aug 28); Royal Dutch Shell plc - Buy - Raise NPV to $84
July 14, 2005 (posted Jul 31); Royal Dutch Petroleum - Buy - Frontier Challenge
June 1, 2005 (posted Jul 3); Royal Dutch - Buy - Nice Return for Low Risk
March 18, 2005; Royal Dutch - Buy - Transformation Approaching
December 22, 2004 (posted Jan 23); Stock Idea: Royal Dutch - Buy - Historic Streamlining
September 28, 2004 (posted Oct 31); Stock Idea: Royal Dutch - Buy - Low Risk, Attractive Reward
July 9, 2004 (posted Aug 1); Stock Idea: Royal Dutch - Cloud of Opportunity
May 26, 2004 (posted June 27); Stock Idea: Royal Dutch - Buy on Healthy Shakeup
January 9, 2004 (posted Jan 18); Stock Idea: Royal Dutch - Still Cheap after Reserve Revision
October 29, 2001; Revise Rating to Neutral from Buy. Change documented in Summary and Recommendation paragraph of Meter Reader.
October 1, 2001; Excerpt from Meter Reader: Mega Cap Discounted Sharply for a Week
Analysis of Stock Idea sent to clients and Notice of Stock Idea posted on website by September 24. Analysis posted on September 30.