After reading the article, write an essay that addresses the prompts below. Include an introduction that summarizes the article.Analyze the importance of stable dividend policies.Determine reasons beh

After reading the article, write an essay that addresses the prompts below.

  • Include an introduction that summarizes the article.
  • Analyze the importance of stable dividend policies.
  • Determine reasons behind stock repurchases.
  • Analyze how individual financial metrics are specifically affected by stock repurchase plans and returns.

Your essay should be at least two pages in length, not counting the title and reference pages. You are required to cite and reference at least your textbook and the article. Use APA format to cite in-text and reference citations.

Reading Article: “Royal Dutch Shell Finally Delivers Big Stock Buyback, But Shares Break Support” by Aparna Narayanan 

Royal Dutch Shell (RDSA) will reward patient shareholders with a massive stock buyback even as it missed profit estimates. while  ConocoPhillips (COP) narrowly beat earnings views as oil prices recovered. Meanwhile, Dow Jones energy giants  Exxon Mobil (XOM) and Chevron (CVX) report Friday.

Royal Dutch’s $25 billion share buyback program, promised by the oil major since it acquired BG Group in 2016, signals its recovery from a severe, extended energy downturn.

“Our free cash flow outlook and the progress we have made to strengthen our balance sheet give us the confidence to start our share buyback program,” CEO Ben van Beurden said in a statement.

On Thursday, the Anglo-Dutch company announced second-quarter profits that rang in well below analyst estimates. Its debt load eased in the quarter. Debt ratio vs. capitalization, termed “gearing,” declined to 23.6% in the first half of 2018 from 25.8% in the same period last year.

Buybacks are “subject to further progress with debt reduction and oil price conditions,” it said.

ConocoPhillips earned $1.09 a share excluding items, beating consensus second-quarter views by three cents. Revenue climbed 4% to $9.24 billion, but missed expectations slightly.

Shares of Royal Dutch Shell tumbled 3.7% to 67.76 on the stock market today, diving below the 50-day moving average. Royal Dutch stock is in a flat base with a 73.95 buy point. ConocoPhillips rose 0.4% to 71.80, closing a penny below a 71.81 buy point.

Big 2 Oil Stocks

Chevron and Exxon Mobil report Friday.

The integrated oil giants, including Royal Dutch Shell, have been pouring more money into the booming shale sector, especially in the Permian Basin.

Surging crude prices have fueled a rise in many oil stocks, with both Chevron and Exxon higher so far this week.

But in recent months, the oil market has been choppy amid U.S.-Iran tensions and fears of a global trade war.

Exxon Mobil stock rose 0.8%, moving back in buy range but in low volume. Chevron stock slipped 0.7% as it continues to consolidate largely below the 50-day moving average.

Get instant access to more trading ideas, exclusive stock lists and IBD proprietary ratings for only $5.

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more