Shell Plc (SHEL)

[Timothy Smith]

There are a couple of reasons why Shell is performing better than its U.S. competitors.

First of all, Shell is more disciplined with respect to operational CAPEX.

Sure the company spent $70 billion to acquire BG Group (OTCPK:BRGXF), but operational CAPEX decreased much faster in the first half of 2015 compared to Exxon and Chevron.

Second, Shell is executing its operations very efficient. The company reported only a -15% drop in EPS while revenue dropped -37%.