Royal Dutch Shell (RDS-A)
The situation for Royal Dutch Shell is similar to that of Chevron, but worse in one very significant way: the company is headquartered in the Netherlands, as the name suggests, but it gathers a great deal of its revenue in dollars, and dollars aren’t worth nearly as much as they were even three weeks ago. The share price of RDS-A has fallen $72.19 on January $25 to $64.65 as of close on Wednesday. That’s pretty far, but far enough to account for both the falling price of oil and the falling value of the dollar. The same is true of the company’s low forward P/E of 12.51: it’s a relic of a time, not long ago, before the company woke up to two major headaches.
Chart courtesy of www.stockcharts.com