Royal Dutch Shell stock outlook february 2 2012

Royal Dutch Shell stock outlook february 2 2012 : The energy company reported a 14 percent rise in fourth quarter profits on Thursday, as high oil prices outweighed dismal industry-wide margins in its refining business. Royal Dutch Shell's fourth quarter 2011 earnings, on a current cost of supplies (CCS) basis, were $6.5bn compared with $5.7bn in the prior year period. Full year 2011 CCS earnings were $28.6bn compared with $18.6bn in 2010.

Fourth quarter 2011 CCS earnings excluding identified items were $4.8 billion compared with $4.1 billion in the fourth quarter 2010, an increase of 18%. Full year 2011 CCS earnings excluding identified items were $24.7 billion compared with $18.1 billion in 2010.

Basic CCS earnings per share excluding identified items for the fourth quarter 2011 increased by 16% versus the same quarter a year ago. Basic CCS earnings per share excluding identified items for the full year 2011 increased by 35% versus a year ago.

Shares in Deutsche Bank were sharply lower in pre-market trade after the lender's fourth-quarter earnings missed expectations, hit by a hefty loss at its investment banking unit. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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