Shell Share Discussion Threads

[montyhedge] 08/1/2016 11:30

Saudi Aramco may be listed, then takeover of Shell?

[montyhedge] 08/1/2016 11:26

78% of fund managers own this, Vote YES cost savings of £3.5 billion dividend safe for years to come.

[sphere25] 08/1/2016 11:23

The muppet fund manglers will vote the deal through, even though it is a screaming NO.

Vote NO if you have any sense.

[careful] 08/1/2016 11:19

Just the puppet regime Saudi royal family and thousands of wealthy princes trying to hold on to power.
desperate.

[imperial3] 08/1/2016 10:54

Shows that they cannot get enough money for their oil which is getting cheaper and cheaper.Does say much for the outlook.

[84stewart] 08/1/2016 10:49

According to the Economist the Saudies are thinking of selling their silverware ie: Aramco the state owned energy company, they are looking to sell shares in it to shore up its revenues, desperate times.

[ariane] 08/1/2016 10:12

CALGARY, Alberta--Canadian regulators on Thursday approved a 40-year export license for a liquefied-natural-gas plant proposed for Canada's Pacific coast by a consortium led by Royal Dutch Shell PLC.

The Canadian National Energy Board granted the permit, which it called the longest ever issued, after receiving an application in July from Shell and other sponsors of the project, which is known as LNG Canada.

It comes at a challenging time for Shell and its partners due to slumping global crude oil and LNG spot-market prices.

The LNG Canada project is one of nearly two dozen terminals proposed for Canada's western coast that would ship natural gas in liquefied form to energy-hungry markets in Asia. None has been built yet amid concerns about costs and regulatory hurdles.

The Shell-led consortium welcomed the move, saying the extended duration of the permit gives the project a competitive boost. "We believe [it] further enhances the competitiveness of the emerging LNG industry in Canada, relative to our international competition," Andy Calitz, CEO of LNG Canada and a Shell veteran, said in a statement.

The NEB permit allows for annual export of up to 1.34 trillion cubic feet of natural gas, which is the equivalent of 3.7 billion cubic feet a day, and requires LNG Canada to start exports by 2022. Mr. Calitz said a decision on whether to proceed with construction of the plant, which would take about five years to complete, is expected sometime later this year.

The LNG Canada export terminal, which is expected to cost as much as 40 billion Canadian dollars (US$28.39 billion), became the first LNG project to receive a facility permit from the government of British Columbia's Oil and Gas Commission earlier this week.

Canada has looked to LNG exports as an outlet to ease a North American natural gas-supply glut and the government of British Columbia has sought to nurture an LNG industry to attract investment and create jobs.

Shell's Canadian unit owns half of the Canadian project in partnership with affiliates of Chinese state-owned energy company PetroChina Co., which owns another 20%, along with 15% stakes each for Korea Gas Corp. and Japan's Mitsubishi Corp.

Write to Chester Dawson at [e-mail]

[wipo1] 08/1/2016 10:04

Glad I sold for £15.52, might buy a few back, still watching atm.

[montyhedge] 08/1/2016 09:47

Everyman and his dog, shorting Shell.

[w1ndjammer] 08/1/2016 08:27

84

there will be no problem with the BG. shareholders, if the deal falls through the BG price will fall 50% They will all vote YES

WJ.

[84stewart] 08/1/2016 08:13

BG. Up SHELL down this could be a trend which brings share price closer and could be a a bad deal for
BG. Shareholders, could be a close call,

[montyhedge] 08/1/2016 08:04

It is the safest dividend, not in their entire history as Shell cut its dividend, even when oil was $10 a barrel. For income investors it's a dream paid every 13 weeks.

[nw99] 08/1/2016 05:38

FTRoyal Dutch Shell's £36 billion bid for rival BG Group is poised to win the support of most of the Anglo-Dutch oil giant's shareholders, paving the way for its completion despite a collapse in crude that has stoked fears the company is paying too much.

[treeshake] 07/1/2016 20:08

Interesting stuff - how accurate are those average futures ?If they were correct these could be good value once the deal is complete

[montyhedge] 07/1/2016 19:30

Yes paid in $, means dividend even higher.

[sogoesit] 07/1/2016 19:04

But, then again, if they cut in half it could still be 8%... or, indeed, it might be 2%!!
But right now its 8%, and in USD, so I'm happy.

[montyhedge] 07/1/2016 17:39

RcEven if they cut in half its still 4.2%.

[nw99] 07/1/2016 16:08

Oil up now nice

[fangorn2] 07/1/2016 16:01

Interesting SeekingAlpha article...

"What's more, the company has a really robust balance sheet that will allow it to overcome the problems in the end market. In fact, Shell has a combined cash and operating cash flow position of almost $66 billion, which is way bigger than its debt of $55.6 billion."

"Royal Dutch Shell: A Good Bet Despite The Challenges?"

[rcturner2] 07/1/2016 15:14

No dividend is immune, and actually a cut here might be a sensible thing to do.

Although I am an income investor, if they cut the yield I would not be unhappy.

[imperial3] 07/1/2016 14:43

I just wonder what the yield was when oil was trading at $10 dollars a barrel,and were they making a profit then?

[shaggies_view] 07/1/2016 14:22

Gap filled at 1420p level for RDSB. Time to get back in at this level.
Could be a dbl bottom here for a ride into next week.

Shaggy