LONDON (Reuters) - Royal Dutch Shell (RDSa.L) on Monday introduced a quarterly outlook, forecasting higher liquefied natural gas output and charges of up to $850 million for the third quarter.
Chief Financial Officer Jessica Uhl said that after discussions with investors, the Anglo-Dutch energy company would release outlooks ahead of quarterly results “to enhance disclosures and increase transparency”.
The company reports third-quarter results on Oct. 31.
Shell in August said its second-quarter profit slumped to a 30-month low on weaker gas prices and refining margins, denting a steady recovery in recent years.
For the third quarter, Shell said:
Reporting by Muvija M in Bengaluru and Ron Bousso in London; Editing by Clarence Fernandez and Aditya Soni