Despite a major -- and expected -- downturn in Royal Dutch Shell's (NYSE:RDS-A) (NYSE:RDS-B) earnings, Wall Street seemed to like what it saw. Some of the new production that came online is generating better returns than the production it lost, and some new projects coming online should help to reverse the trend of declining production. For investors, though, keep in mind that Shell is still in the early stages of a turnaround and it could take months, or even years, before it's complete. We're talking about a very large company here.

Long term, there still remains several issues that the company needs to address. What will it decide to do with its less profitable chemical divisions? And will it continue to throw money at the boondoggle that is the Kashagan project? Find out what other challenges Shell will face by tuning in to the following video.

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Tyler Crowe has no position in any stocks mentioned. You can follow Tyler at under the handle TMFDirtyBird, on Google +, or on Twitter @TylerCroweFool.

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