Royal Dutch Shell is pumping out a torrent of cash, delivering the payoff that was promised to investors after the company’s biggest-ever acquisition three years ago. Chief Executive Officer Ben van Beurden is close to achieving all the targets he set after buying BG Group Plc in 2016 — generating more cash at lower oil prices, delivering double-digit returns to shareholders and keeping spending under control. Shell’s cash flow in the last three months of 2018 was three times the typical quarterly level before the deal, while a measure of indebtedness fell to the lowest level since the $50 billion purchase.
Source: FuelFix
