Shell Misses Profit Estimates, Says Investment Costs to Increase
Updated: 2013-01-31 08:48:42
By Brian Swint – Jan 31, 2013 8:04 AM GMT Royal Dutch Shell Plc (RDSA), Europe’s biggest energy company, said investment will increase after fourth-quarter profit missed analyst estimates on weaker North American fuel prices. Excluding one-time items and inventory changes, profit was $5.6 billion. That was below the $6.2 billion average estimate of 11 [...]