By Marc Lichtenfeld Royal Dutch Shell (NYSE: RDS-A, RDS-B) is one of the largest oil companies on the planet. But the oil business hasn’t been an easy one over the past several years.
Though the price of oil is up from its 2016 lows, it’s still half of where it was trading in 2013.
Nevertheless, the oil giant grew its cash flow last year.
In 2018, free cash flow came in at $27.3 billion, more than double the total in 2017. The year prior, free cash flow had been negative.
In the first half of the year, free cash flow was $10.9 billion, so it’s behind the …read more
