This past week, I added my exposure into the oil & gas sectors by buying the two big giants in the energy and oil sectors through Sinopec (HKG: 0386) and Royal Dutch Shell Plc.
Sinopec was added into the portfolio at $4 so they are currently on a small loss while Ive added RDS yesterday upon when there was announcement that OPEC+ failed to meet the production cut and oil plunged 10% from the news.
Awesome.
You can't help when you see this sort of news that send most people running out of the door that gets me interested on the opposite end of things.
Oil has been in bear territory this year, dropping by more than 30% while most oil and gas company have dropped 35% to 40% from the start of the year.
But let's put our focus on Royal Dutch Shell today.
Performance
Based on their last Q4 performance, RDS reported an Non-GAAP earnings...