Current RDSA Stock Info

Shell sells non-core assets to Tourmaline Oil Corp. for US$1.04 billion
Royal Dutch Shell (ticker: RDSA) announced that its Canadian subsidiary has sold approximately 206,000 net acres of oil and gas properties, three 100%-operated gas plants and 719 kilometers (447 miles) of pipelines for US$1.04 billion (C$1.37 billion). The consideration is comprised of US$758 million in cash and shares in the purchasing company – Tourmaline Oil Corp. (ticker: TOU) – valued at US$279 million, according to Shell’s press release.

The acquisition consists o...


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