THE HAGUE (dpa-AFX) - Royal Dutch Shell plc (RDS-B, RDSB.L, RDSA.L, RDS-A) reported Thursday that its fourth-quarter CCS earnings attributable to shareholders plunged 88 percent to $871 million from last year's $7.33 billion. Basic CCS earnings per share were $0.11, down from last year's $0.76.
Adjusted attributable CCS earnings were $2.93 billion, down from $5.69 billion a year ago. Adjusted CCS earnings per share were $0.37, compared to last year's $0.69.
For the quarter, attributable income was $965 million, down 83 percent from $5.59 billion last year. Basic earnings per share dropped 82 percent to $0.12 from $0.68 a year ago.
Revenues for the quarter plunged to $84.01 billion from last year's $102.23 billion.
Looking ahead for the first quarter, the company projects integrated Gas production to be 950 - 980 thousand boe/d and LNG liquefaction volumes to be 9.0 - 9.5 million tonnes.
Upstream production is expected to be 2,625 - 2,775 thousand boe/d.
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