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Royal Dutch Shell Doubles Q3 Profits Over Last Year, Climbing to $6.98 Billion

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"Royal Dutch Shell Doubles Q3 Profits Over Last Year, Climbing to $6.98 Billion"

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by Noreen Nielsen

Royal Dutch Shell announced their 2011 third-quarter earnings, reporting profits of $6.98 billion, more than double their profits posted a year ago, bringing their total profits for 2011 to over $21 billion. Below is a quick look at Shell by the numbers:

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4 Responses to Royal Dutch Shell Doubles Q3 Profits Over Last Year, Climbing to $6.98 Billion

  1. Sasparilla says:

    A big reason for this doubling of profit was the massive increase of tar sands oil production in Alberta.

    http://www.guardian.co.uk/business/2011/oct/27/shell-doubles-profits-as-tar-sands-production-increases

  2. Tom Lenz says:

    And they’re creating so many jobs! Thank you Shell, you are an admirable American Person!

  3. John Cartmill says:

    Chevron “We agree Transcript”
    Chevron Engineer:
    Last year Chevron made a lot of money.

    Building Contractor:
    Where does it go?

    Oil companies should put their profits to good use.

    Chevron Engineer:
    Every penny and more went into bringing energy to the world.

    What their CEO says
    Chevron CEO:
    Chief Executive John Watson confirmed Wednesday [Oct 19th]that his company plans to
    spend about $5 billion a year to repurchase its shares.

  4. prokaryotes says:

    Wouldn’t it make sense to note the billions of taxpapyers Oil Subsidies, in which oil companies rake in.