On February 3, shell (RDS. A.us) announced its unaudited results for the fourth quarter and the whole year of 2021. Data show that the company's Q4 revenue was US $85.280 billion, compared with us $43.989 billion in the same period last year. The net profit attributable to shareholders of the company was USD 11.461 billion, with a net loss of USD 4.014 billion in the same period of last year.
The adjusted profit was US $6.391 billion, compared with us $393 million in the same period last year.
In the fourth quarter, cash flow from operating activities was US $8.170 billion and free cash flow was US $10.749 billion.
The total saleable output was 3.412 million barrels of oil equivalent / day, compared with 3.371 million barrels of oil equivalent / day in the same period of last year.
The basic earnings per share was $1.49, with a loss of $0.52 per share in the same period last year; Adjusted earnings per share was US $0.83, compared with us $0.05 in the same period last year.
The dividend per share in the fourth quarter was US $0.24. The board of directors of the company expects that the interim dividend in the first quarter of 2022 will be US $0.25 per share, an increase of about 4% over the fourth quarter of 2021; In the fourth quarter, the company completed a $1.7 billion share repurchase. The company will buy back $8.5 billion of shares in the first half of 2022.
In terms of annual performance, the company's revenue was US $261.504 billion, compared with us $180.543 billion in the same period last year.
The net profit attributable to shareholders of the company was US $20.101 billion, compared with a net loss of US $21.68 billion in the same period of last year.
The basic earnings per share was $2.59, with a loss of $2.78 in the same period last year; Adjusted earnings per share was $2.49, compared with $0.62 in the same period last year.
Looking ahead, it is estimated that the natural gas production in the first quarter of 2022 will be about 760000-820000 barrels of oil equivalent / day; The upstream production is expected to be about 2-2.2 million barrels of oil equivalent / day; The utilization rate of the refinery is expected to be about 71% - 79%; It is estimated that the sales volume of refined oil is about 4.1 - 5.4 million barrels / day; The utilization rate of chemical business manufacturing plant is expected to be about 78% - 86%; The sales volume of chemical business is expected to be about 3.3 - 3.7 million tons. Cash capital expenditure for the whole year of 2022 is expected to be at the low end of the range of $23 billion to $27 billion.
