Shell’s Debt Nears Edge of Comfort Zone as Rout Boosts Borrowing

  • Gearing rose to 28.1% last quarter, double year-earlier level
  • Debt ‘close to the maximum’ but may still climb, company says

Shell Misses Earnings Estimates by More Than $1 Billion

Royal Dutch Shell Plc is on the verge of breaching “comfortable” levels of debt as low crude prices force Europe’s largest oil company to borrow more.

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