Shell

Shell Stock Is Reeling From Dividend Cut & Looming Oil Disaster

Shell stock took a 13% spill Thursday after slashing its dividend. Oil stocks face a monumental “crisis of uncertainty” in this recession. But an even bigger existential threat to oil is looming ahead. The oil price collapse just obliterated Shell’s dividend. It’s alarming news for oil stock investors because even the 2018 and 2014 oil…