Former Shell CEO Talks Up Benefits of Listing in New York

Ben van BeurdenPhotographer: Chris Ratcliffe/Bloomberg
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International oil companies listed in the US benefit from higher multiples, greater access to capital and a friendlier investor base, according to Shell Plc’s former chief executive officer.

“It’s a major issue,” Ben van Beurden said when discussing the valuation gap between European and North American oil and gas players at the FT Commodities Global Summit in Lausanne, Switzerland.