Shell Share Discussion Threads

[sogoesit] 07/11/2017 08:59

Not a great idea to be always fixated on price.
I use the dividend yield for trading this one. Served me well, so far... always keeping an eye on oil price to be sure.

[wad collector] 07/11/2017 08:54

Guess the buy at £22 sell at £24 mantra didn't work this time! Shall sit on the rest all the way back up to £36 then....

[montyhedge] 07/11/2017 08:49

Best value oil stock. Income seekers dream, dividend every 13 weeks, nice.

[waldron] 07/11/2017 08:21

starting the day on a high 2505

So we commence the day with 35p difference between A and B shares

sitting snug in the 2475 to 2575p BOX

not long now until ex divi day

[waldron] 06/11/2017 20:01

Global gas players continue to downplay LNG role in Europe

Milan (Platts)--6 Nov 2017 236 pm EST/1936 GMT

LNG will continue to struggle to make a significant breakthrough on the European gas market in the coming years -- despite an expected global LNG supply glut -- because of competition for LNG from more premium markets elsewhere and the abundance of low-cost pipeline gas from Russia and Norway, senior industry officials said Monday.

Speaking at a conference in Milan, Italy, officials from Germany's RWE, France's Total and Engie, Norway's Statoil and trader Petronas Energy said the wave of LNG that had been forecast first for 2016 and then for this year had failed to materialize.

"This won't change much in the coming years," Philippe Vedrenne, gas supply director at Engie, said.

Asian demand for LNG has been much stronger than expected -- particularly in China -- and Europe has been able to meet its slightly higher demand from Russia and Norway.

Fasluddeen Hadi, CEO of Petronas Energy Trading, said he was doubtful that more LNG would flow to Europe as a result.

"Maybe not in the near future," Hadi said.

Hadi said the UK would not be expected to import more LNG this winter given that it still has the cushion gas from the Rough storage facility to be produced.

"We won't see much change this year," Hadi said.

"But that could change when Rough is totally out of the equation," he said, referring to when Rough is permanently closed and all the cushion gas produced. LNG COMPETITION

Statoil senior vice president Tor Martin Anfinnsen added that there had not been the expected volumes of LNG into Europe -- and especially not from the US.

But, he said, we do see this "looming volume potential" coming Europe's way.

Anfinnsen said Statoil welcomed increased competition for gas on the European market, not least because it felt it was at a major competitive advantage given its existing pipeline system and its proximity to the European market.

"We can compete with anyone," he said. "When it comes to competition, bring it on."

Andree Stracke, chief commercial officer at RWE Supply & Trading, also made the point that Europe is not the preferred market for LNG from global producers who can get a better price from more premium markets elsewhere -- currently markets such as China and Bangladesh.

Stracke said there had been a significant increase in demand for gas in power generation in Germany, and with the uncertainty surrounding nuclear availability in France, there could be incremental gas demand in neighboring countries too.

"It's not massive, but at least it is additional demand," he said.

Anfinnsen said too that he was buoyed by the increased gas demand in Europe, which has come despite relatively mild winters and the fall-out from the reduction of gas output from the giant Groningen field in the Netherlands and the closure of the UK Rough gas storage facility. CONTRACT LENGTH

Stracke, meanwhile, said any European gas user needed to make the most of the continued liquid gas markets in Europe to optimize their portfolio.

He said that LNG term contracts were still useful tools -- up to 10-12 years.

"Beyond that it would not be possible -- for us at least," he said.

But, he stressed, 10-year LNG supply deals were commercially realistic and RWE was "working on" developing the 10-year contract model -- a hybrid of medium- and long-term arrangements.

"We feel comfortable with a 10-year horizon," Stracke said, adding however that the main stumbling block remained price indexation and how to optimize portfolios.

"It is very hard to buy properly indexed LNG," he said, referring to a price indexed to a European hub such as TTF, NBP or NCG.

He rejected LNG indexed to oil or the US Henry Hub price.

He said, for example, that US LNG sellers are reluctant to index their supply contracts to European hubs.

Jean-Pierre Mateille -- vice president of trading at Total Gas & Power -- said that the benchmark for LNG deliveries into Europe should be the UK NBP or Dutch TTF hubs, and that there was no need to use oil as a benchmark for LNG pricing.

For buyers, liquid markets are also needed to be able to risk manage their portfolios for the coming five years, Stracke said.

He also expressed concern at the impact of falling European gas production -- from Groningen in the Netherlands and in Germany -- and how that could impact on the liquidity of northwest European hubs.

--Stuart Elliott, [e-mail]

--Edited by Maurice Geller, [e-mail]

[waldron] 06/11/2017 17:31

So we end the day with 32p difference between A and B shares

with rdsb at 2490p having managed to break up to the 2475 to 2575p BOX

just over a week until ex divi day

[la forge] 06/11/2017 16:41

funnily, thats what my grandpa used to say

but he sold on a high and bought back in when low

and often did it a couple of times a year depending whether he wanted cash divi or capital gains

4 a moment o thought you had us trumped

[the white house] 06/11/2017 16:25

As my granny used to say : Never Sell Shell

[waldron] 06/11/2017 15:21

qantas OFF TOPIC

you are a new boy in the hood

so please do not critisize someone who is making an effort

innocent before being proven guilty comes to mind

normally a visitor brings something of value to the party

you seem to be a kill joy

ARIANE CARRY on INVESTIGATING and posting

WHO KNOWS YOU MIGHT BE ENCOURAGED BY THE NOTES IN THE MKS FINANCIALS

not long to wait

I WOULD NOT BE SURPRISED IF QUANTAS WORKS FOR MARKS THOUGH

[qantas] 06/11/2017 15:06

MKS link ariane you must do your research before posting on every company link no point and irrelevant.

You are not painting a true picture.

At the bottom of the link I post you will find Summary Funding Statement.

Wishing you a very pleasant day you have been busy posting.

Please do your own research.

[ariane] 06/11/2017 12:43

NARROWING EFFECT DIFFERANCE

B 2475
A 2438
D 37p

difference used to be 100p if i remember correctly

[waldron] 06/11/2017 09:28

ENERGY VOICE


Oil & Gas
BP, Shell, Statoil join commodity trading digital venture

Written by Mark Lammey - 06/11/2017 7:33 am



Oil majors BP, Shell and Statoil have joined a consortium which will create a digital platform for the energy commodity trading sector.

The venture, which also includes commodity traders and banks, will be managed and operated as an independent entity

The venture partners are BP, Shell and Statoil, trading houses Gunvor, Koch Supply & Trading, and Mercuria, and banks ABN Amro, ING and Societe Generale.

They intend to create a secure, platform to manage physical energy transactions from start to finish.
Related Articles

How Goldman's commodities profit engine started to sputter
Big oil follows silicon valley into backing green energy firms
Shell completes North Sea sale, creates new basin heavyweight

The platform will be open to the commodity industry and will be designed and stress-tested by its investors.

It would represent a move away from cumbersome paper contracts, reducing administrative operational risks and costs of physical energy trading.

The platform is expected to be operational by the end of 2018.

[waldron] 06/11/2017 09:27

ENERGY VOICE


Oil & Gas
BP, Shell, Statoil join commodity trading digital venture

Written by Mark Lammey - 06/11/2017 7:33 am



Oil majors BP, Shell and Statoil have joined a consortium which will create a digital platform for the energy commodity trading sector.

The venture, which also includes commodity traders and banks, will be managed and operated as an independent entity

The venture partners are BP, Shell and Statoil, trading houses Gunvor, Koch Supply & Trading, and Mercuria, and banks ABN Amro, ING and Societe Generale.

They intend to create a secure, platform to manage physical energy transactions from start to finish.
Related Articles

How Goldman's commodities profit engine started to sputter
Big oil follows silicon valley into backing green energy firms
Shell completes North Sea sale, creates new basin heavyweight

The platform will be open to the commodity industry and will be designed and stress-tested by its investors.

It would represent a move away from cumbersome paper contracts, reducing administrative operational risks and costs of physical energy trading.

The platform is expected to be operational by the end of 2018.

[waldron] 06/11/2017 08:31

A DULL OPENING

QUITE UNINSPIRING THUS FAR

STUCK IT SEEMS AT 2475

YOUR GUESS WHICH WAY

SURPRISED IT DID NOT RISE

[waldron] 06/11/2017 07:30

PARADISE LOST




UP UP AND AWAY

[waldron] 05/11/2017 21:49

the a shares seem to have already risen
but will they go further upwards and the difference reduce with the b share

volumes up for A

VOLUMES DOWN FOR B

Needs watching for some