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Royal Dutch Shell (RDS.B) Earnings Report: Q3 2015 Conference Call Transcript

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The following Royal Dutch Shell (RDS.B - Get Report) conference call took place on October 29, 2015, 09:30 AM ET. This is a transcript of that earnings call:

Company Participants

  • Ben van Beurden; Royal Dutch Shell; CEO
  • Simon Henry; Royal Dutch Shell; CFO
  • Ben van Beurden; Royal Dutch Shell; CEO

Other Participants

  • Theepan Jothilingam; Nomura; Analyst
  • Oswald Clint; Sanford C. Bernstein; Analyst
  • Brendan Warn; BMO Capital Markets; Analyst
  • Lydia Rainforth; Barclays Capital; Analyst
  • Irene Himona; Societe Generale; Analyst
  • Fred Lucas; JPMorgan; Analyst
  • Jon Rigby; UBS; Analyst
  • Martijn Rats; Morgan Stanley; Analyst
  • Thomas Adolff; Credit Suisse; Analyst
  • Rob West; Redburn; Analyst
  • Aneek Haq; Exane BNP Paribas; Analyst
  • Anish Kapadia; Tudor, Pickering, Holt; Analyst
  • Biraj Borkhataria; Royal Bank of Canada; Analyst

MANAGEMENT DISCUSSION SECTION Operator: Welcome to the Royal Dutch Shell Q3 results announcement call.

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(Operator Instructions) I'd like to introduce you to your host, Mr. Ben van Beurden. Ben van Beurden (CEO): Thank you, operator. Ladies and gentlemen, welcome to today's presentation. So, we've announced our third-quarter results this morning. And you will have seen some substantial headline losses on your screen this morning. There are significant one-time charges in these figures, which are a consequence of actions that the Shell management team are taking on portfolio, as well as, of course, the impact of lower oil prices. So, what I want to do is to update you on that. And then, Simon will take you...


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