a little volatile currenty, however, looking forward....15 Feb 2020 08:31
https://www.barrons.com/articles/why-royal-dutch-shell-top-stock-for-2020-51577393092
Royal Dutch Shell
Energy has been the worst stock sector this year and for the past decade. The next 10 years could be better, as the industry scales back spending on new oil and natural-gas projects and returns more cash to shareholders. Royal Dutch Shell has adopted the investor-friendly approach and could be the best play among the global supermajors.
The British-Dutch company’s U.S. shares trade near a 52-week low, at about $57, or 13 times projected 2019 earnings, a discount to U.S. peers Chevron (CVX) and Exxon Mobil (XOM). The shares yield 6.5%, and the dividend looks secure, even if oil prices decline moderately. Investors can buy American depositary receipts of the United Kingdom (RDS.B) or Dutch stock (RDS.A). The U.K. shares look like the better bet because their dividends aren’t subject to withholding tax.
Shell has a goal of returning $125 billion in dividends and stock buybacks to investors from 2021 to 2025—more than half of its current market value. Bernstein analyst Oswald Clint sees 50% upside in the shares,