Shell Share Discussion Threads

[essentialinvestor] 13/8/2015 15:01

Shaggie I was surprised it traded over £19 with crude still weak.

Waiting to get back in - sold at 1866 so did not get anywhere near the high
price, had been lucky with my buy levels though pre results so nice result.

[shaggies_view] 13/8/2015 14:57

Stop triggered - will wait to see what happens here. Didn't think it would go.
Stop set using 5hr chart and previous resistance which becomes my line in the sand.

Shaggy

[ianood] 13/8/2015 10:54

The fact that it is 47c XD today seems to have been missed in your daily sell calculation.

[11_percent] 13/8/2015 08:54

Shaggy,

How do you set your "daily SELL" trigger.

[shaggies_view] 13/8/2015 08:47

Thanks to the Chinese, the upside objectives of 1940-1950p have been delayed but still remain on the table. Held very steady during the recent FTSE wobble.

Only fly in the ointment is that the current price is close to a daily SELL trigger so stops moved to 1860p this morning.

Shaggy

[11_percent] 13/8/2015 08:37

Yep, We may have seen the low, assuming the POO does not crash.

[nw99] 13/8/2015 08:32

Great performance XD

[supermarky] 13/8/2015 08:23

Yes xd today. Doing good today so far

[moneysage] 13/8/2015 08:18

Have these just gone ex dividend today? If so not a bad show!

[supermarky] 12/8/2015 19:50

Excellent post ian

[ianood] 12/8/2015 17:21

Imperial3 - So what do you propose he does, sit back with his thumb up his butt and watch the biggest LNG opportunity in the market pass by?

I suggest to you that BvB is an industry pro who knows his market inside out, i.e. far better than some opinionated poster on a free bulletin board. If you don't like it press the sell button!

[sarkasm] 12/8/2015 17:19

div ex-date Aug 13 2015

[imperial3] 12/8/2015 16:22

Ben van Beurden has a huge renumeration package for the position,he occupies.Frankly,I have no objection to that,as long as he delivers to shareholders.The BG deal,he overpaid,and this contributed to the sliding share price.I do not buy the argument,that if he did not pounce when he did, there were others,who were waiting in the wings.As time goes by,surely assets could have been picked up cheaply elsewhere as oil continues to fall in price.Reference his personal journey in Alaska,where is his judgement on the heavy costs right now on drilling,let alone on future development.He must know about the huge potential reseverves in the USA,which could be more easily exploited,and far less cost than these Arctic adventures.The CEO, and BOD are responsible to their shareholders,who have seen a constant decline in the share price,since late last year.Do we not deserve better? To blame everything on lower hydrocarbon prices as a bolt hole simply will not wash.The saving grace is the maintenance of an attractive dividend,which I sincerely hope will be held in the years to come.

[sarkasm] 12/8/2015 15:34

LONDON (AP) — The CEO of Royal Dutch Shell says he decided to drill for oil off the coast of Alaska after a careful evaluation of the risks.

In an interview with the BBC broadcast Wednesday, Ben van Beurden says that although drilling in the Arctic carries an “increased risk profile” because of the fragile environment, the reservoir Shell is exploring is “from a technical perspective relatively easy.”

He said: “You have to make a judgment, can I do this in a responsible way? That is a bit of a personal journey that I had to go through …. We believe that we can responsibly explore for hydrocarbons in Alaska.”

Shell has received permission to drill at two sites in the Chukchi Sea. Activists including Greenpeace have protested, arguing it’s unsafe.

[losos] 12/8/2015 15:11

imperial3 - "CEO should be taken to task for this."

I may be wrong but I thought their artic drilling programme started before he became CEO. Yes, he could cancel it, withdraw all the kit and manpower, and when the oil price rises what do they do ??

Note I said 'when' not 'if' everyone has their own opinion on how long it may take but with billons more people getting cars and driving my own view is that in ten years time oil will be $80 to $100 again, maybe higher.

[imperial3] 12/8/2015 12:24

Absolutely right.I just cannot understand their logic at all for Arctic drilling.To my mind,it is just a complete waste of money and resources,in a low oil price market.The CEO should be taken to task for this.

[wskill] 12/8/2015 11:11

Cannot see the point in drilling in the Artic when its much cheaper to pick up companies with decent reserves than drilling,I would suggest they looked at PMO instead which they could have for a song at the present with the Falklands oil in for free .

[wad collector] 12/8/2015 10:18

Shell coming in for more stick today about Artic drilling. CEO trying to defend it on BBC as better than coal. I do hope they aren't going to make a nasty black sticky mess on the white stuff ; could sink the company - the Green lobby are itching to attack Shell. Not unreasonably in my view - this is a high risk option at the limits of technology.

[wskill] 12/8/2015 09:47

Bucking the trend today maybe they have seen the light and realised that even during the last oil fall Shell had a higher share price and we have a 6.45 % yield covered 2.4 times.

[zho] 11/8/2015 09:18

"What that is telling us is they’re getting the costs lower and lower and we're going to have a continued crude oil decline."

[imperial3] 10/8/2015 15:09

Cheap oil and gas will remain for many years to come.Why Shell drill in the Arctic region,just beggars belief,at high cost.With such surplus overhang we may test $35 in the not too distant future.But then,I am no oil analyst.

[redips2] 10/8/2015 12:15

Interesting .

[31ben] 09/8/2015 18:06

For those interested in oil companies check this Interview with Gaurav Sharma - an Independent Energy Analyst: