Shell Share Discussion Threads

[waldron] 06/2/2018 16:59

Shell A
2,286 -3.40%


Shell B
2,311.5 -3.57%

One must hate these last minute end of day movements

[fjgooner] 06/2/2018 16:52

They did. But in the wrong direction. :(

[waldron] 06/2/2018 15:54

Shell A
2,310 -2.39%



Shell B
2,340.5 -2.36%

Bought some this afternoon

now i want them to jump up out of the BOX

[grupo] 06/2/2018 10:04

Almost wound up, ready to spring

[grupo] 06/2/2018 09:43

SOUNDS REAL GOOD

[sarkasm] 06/2/2018 08:53

Think of it as Spring loading

the lower it goes the higher it will jump

A veritable JACK IN THE BOX

[waldron] 06/2/2018 08:42

Shell A
2,311.5 -2.32%



Shell B
2,340 -2.38%

NOW IN THE 2275p to 2375p BOX

TIME TO BUY PERHAPS

[jon123] 06/2/2018 08:38

no don't look u'll only cry lol

[grahamite2] 06/2/2018 08:12

LOL, know what you're saying.

[sogoesit] 06/2/2018 07:01

Yield 5.60% in Sterling.
Still lower than my threshold to buy any more again.

[fjgooner] 06/2/2018 00:12

Dodgy day ahead due to the Dow.

Whatever unfolds, we're invested in a world class investment for the long haul.

Anything better than a 2% drop will be good today. Kicking myself for 2 sets of buys last week, but hey ho, you can't win them all. :)

FJ

[waldron] 05/2/2018 17:02

Shell A
2,366.5 -1.21%



Shell B
2,397 -1.09%

A very quiet day doeth end

[waldron] 05/2/2018 11:33

Still stuck in the 2375 to 2475p BOX



Shell B
2,397 -1.09%

[waldron] 05/2/2018 10:55

Home » Reports » Broker Ratings » Royal Dutch Shell Plc 16.8% Potential Upside Indicated by Deutsche Bank
broker ratings
Royal Dutch Shell Plc 16.8% Potential Upside Indicated by Deutsche Bank

Posted by: Amilia Stone 5th February 2018

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSB) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Deutsche Bank have set their target price at 2800 GBX on its stock

[florenceorbis] 05/2/2018 09:21

I guess we will look back at this pull back and say

WHAT A BUYING OPPORTUNITY

[florenceorbis] 05/2/2018 08:35

On the other hand usdollar might strengthen substantially and push down oil prices

[sarkasm] 05/2/2018 07:29

One should be thankful for a consistent dividend despite the usdollar impact


lets hope for divis sake the usdollar does not weaken more or sterling strengthen

LOOK ON THE BRIGHT SIDE

the free cash flow might be used to pay down debts,invest in new projects,fill
pension black holes,pay fines and penalties and still pay dividends with any hiccups

Have an exciting week

[septimus quaid] 05/2/2018 06:52

Have I got this right, the Q4 GBP dividend will by smaller this year than last year (possibly due to $/£ currency fluctuations)?

[florenceorbis] 04/2/2018 19:29

Ex-dividend date
February 15 2018

[florenceorbis] 04/2/2018 19:26

ry
Shell India drops plan to sell 30% stake in Panna-Mukta
Shell India, the operator of the Panna-Mukta-Tapti fields, a joint venture, has shelved its plan to sell its 30% stake in the Panna and Mukta oil fields
Last Published: Mon, Feb 05 2018. 12 36 AM IST
Kalpana Pathak
During the third quarter of this fiscal, the Panna-Mukta fields produced 1.32 million barrels of crude oil and 15.2 billion cubic feet of natural gas, a drop of 10% in crude oil and 3% in natural gas on an on-year basis.
During the third quarter of this fiscal, the Panna-Mukta fields produced 1.32 million barrels of crude oil and 15.2 billion cubic feet of natural gas, a drop of 10% in crude oil and 3% in natural gas on an on-year basis.

Mumbai: Shell India, the operator of the Panna-Mukta-Tapti fields, a joint venture, has shelved its plan to sell its 30% stake in the Panna and Mukta oil fields, two people aware of the development said.

Panna and Mukta are oil fields while Tapti is a gas field located near state-run Oil and Natural Gas Corp.'s (ONGC) Mumbai High complex. Shell and Reliance Industries Ltd hold 30% stake each in the Panna-Mukta-Tapti (PMT) joint venture, while ONGC holds the remaining 40%.

"Shell has called off the stake sale. Shell wished to move out of non-core assets in its portfolio but with depleting hydrocarbon reserves of the PMT field, it is difficult to find a buyer," said one of the two people cited above and a banker on condition of anonymity. Shell, ONGC and RIL did not respond to an email sent on 30 January.

Production sharing contract (PSC) for the PMT fields is scheduled to expire in December 2019 and the three partners have not applied for an extension of the same.

"PMT fields have run their course and production has been declining form the fields. Since 2009-10, production is down around 60%. We have thus not applied for extension of the PSC," said a senior official from one of the PMT joint venture companies, requesting anonymity.

During the third quarter of this fiscal, the Panna-Mukta fields produced 1.32 million barrels of crude oil and 15.2 billion cubic feet of natural gas, a drop of 10% in crude oil and 3% in natural gas on an on-year basis. "Lower production is mainly on account of natural field decline and unplanned shut-in of wells due to asset integrity issues. Currently, 68 wells are under production in Panna Mukta. Plugging and Abandonment of wells is in progress at Tapti platforms which is expected to be completed by next quarter," said RIL in its third quarter results announced on 19 January.

The Tapti field is being abandoned due to a significant drop in reserves. It will be the first offshore field to be abandoned in India. "Facilities consisting of three platforms of the Tapti field have been handed over to ONGC. The plugging and abandonment of wells and decommissioning of associated facilities are already under progress," said the second person cited above.
First Published: Mon, Feb 05 2018. 12 16 AM IST

[florenceorbis] 04/2/2018 17:14

Shell upside surprises can keep coming this year

Ken Odeluga February 1, 2018 8:00 AM
Share:

Shell confounds

Shell synergies keep confounding; mostly to the upside. But quarterly profits that only nudged above expectations and signs that the gush of recovering cash flow has peaked, upended its shares on Thursday morning. To be sure, shares had been down as much as 5% earlier, but recouped considerably to some 1% lower at the time of writing. Underlying annual profits doubling to $16bn indicate that the group thrived in FY2017 - with a few disappointments. These let downs focus on production and quarterly cash flow. Additionally, shareholder reactions to charges related to U.S. tax reform over the last few weeks have been unpredictable. Shell’s $2bn charge is at the lower end of necessarily imprecise guidance offered with Q3 commentary. Combined with group expectations reforms offer long-term benefits, tax concern should fall from here.

Production

On production, it’s possible some investors were somewhat over-impressed by the rate of the group’s disciplined but proactive approach to new project launches. Production growth rose in Q4 but fell 4% for the year, compared to the modest rise expected by many. As the divestment programme winds into the final phases planned some two years ago, forecasting production snap shots will continue to have mixed results. On balance, we read the 2018 shortfall relative to expectations as an ‘optical’; rather than a performance issue, for now. In fact, Shell has kept production assumptions modest since beginning to reorient to lower price forecasts. And refinery availability is capped in the first quarter, meaning flat production prospects can roll on at least into the first half. Average oil production per day forecasts should now be stable around an expected 0.8% down tick for the year. Stable expectations should help manage expectations this year.

Cash flow

Positive cash flow surprises continue to be thrown out from additional BG synergies and cost discipline predicated on a far later oil price recovery than expected. It would be unwise to rule-out scope for further unforeseen advances, despite the 21% quarterly fall. At some point, working capital effects were going to reappear. They did in Q4 to the tune of $894m. With the target for $30bn in asset sales on track, but still ahead, plus further positive synergy and cost effects likely, we stick with the view that we have yet to see the final gradient of Shell’s cash flow growth.

Of course, investors are eyeing potential dividend raises or share buybacks from buttressed cash flow. A lower than forecast quarter in cash flow could reduce such prospects, though the long-term path does not look unfavourable. Oil prices are the obvious wildcard; one reason for Shell shares reflecting increasing caution of late after rising 70% over two years.