Shell Share Discussion Threads

[waldron] 22/1/2022 20:11

great stuff

[gateside] 22/1/2022 18:29

https://uk.advfn.com/cmn/fbb/thread.php3?id=49662032 Link to new Shell thread - I'll edit the charts when the new ticker - SHEL - goes live on Tuesday

[grupo] 18/1/2022 16:27

SHEL Https://www.shell.com/media/news-and-media-releases/2021/shell-sets-out-expected-timetable-of-simplification.html

[grupo guitarlumber] 17/1/2022 16:38

Can we pencil in atleast a 11pc share price RISE BETWEEN NOW AND EARLY FEB if nothing its the fan

[grupo guitarlumber] 17/1/2022 16:29

In a research note, Deutsche Bank analyst James Hubbard has maintained his recommendation on the stock with a Buy rating. The target price is unchanged and still at GBX 2038.

[waldron] 14/1/2022 09:02

JP Morgan's analyst Christyan Malek upgrades his rating from Sell to Buy. The target price remains unchanged at GBX 2500.

[waldron] 12/1/2022 14:42

seeking alpha Morgan Stanley's 2022 outlook for European oils -- bullish Jan. 12, 2022 8:50 AM ETBP, EQNR, TTE, E, RDS.A, USO, CO1:COM By: Nathan Allen, SA News Editor Rise in gasoline prices concept with double exposure of digital screen with financial chart graphs and oil pumps on a field. Morgan Stanley's commodities strategist and head of European oils, Martijn Rats, is out with a note this morning detailing his view of the year ahead for European energy - he remains constructive, with many of the factors contributing to 2021 outperformance driving repeated outperformance in 2022. Starting with the commodity, the Bank sees Brent oil prices (CO1:COM) (NYSEARCA:USO) hitting $90 a barrel later this year, as low inventories, low spare capacity, and low investment drive prices higher; the bank assumes an average Brent price of $78 in 2022. Improved cash flow management will lead the five European majors (Total (NYSE:TTE), Equinor (NYSE:EQNR), Shell (NYSE:RDS.A), Eni (NYSE:E), BP (NYSE:BP)) to generate $76b in free cash flow during 2022, or ~14% of their combined market caps -- this is double what these companies generated in all of 2011-2014, when Brent was above $100. The bank anticipates a rotation out of growth stocks, into value stocks during 2022, and thinks energy will be a direct beneficiary, given the compelling 14% free cash flow yield and average 8% shareholder payout. Finally, Mr. Rats thinks the ongoing energy crisis could change perceptions about the industry, driving investors to reconsider the "benefits" of divestment. Top pick remains Shell (RDS.A) given his view that the dividend will rise faster than the market expects (and faster than Management has guided); additionally the market will begin to ascribe value to Shell's ability to allocate capital to the energy transition. ENI (E) is also buy rated, given the potential to unlock value as the Company plans to partially list its retail and renewables businesses; the dividend framework also ties payouts to the oil price, which leads to a ~7% yield in Morgan Stanley's forecast. The focus on Shell is in-line with most Wall Street peers, as robust free cash flow, gas-heavy commodity exposure, and underperformance have earned the stock several buy ratings into 2022; Eni however, is a non-consensus pick and will be interesting to watch as the year unfolds.

[maywillow] 10/1/2022 16:36

Brits face a massive increase in energy bills. BP and Shell could be on the hook to pay By Charles Riley, CNN Business Updated 1221 GMT (2021 HKT) January 10, 2022 London (CNN Business)The UK government is coming under mounting pressure to increase taxes on oil and gas companies, including BP and Shell. The aim: to help British households cope with skyrocketing energy bills. The main opposition Labour Party this weekend called on Prime Minister Boris Johnson to impose a windfall tax on companies pumping oil and gas from the North Sea, saying that the money raised could be used to cut £200 ($272) from soaring household bills. The party reportedly says the rate of corporate tax the companies pay should be increased by 10 percentage points for a year. That would also allow the government to increase energy subsidies for the poorest households to £400 ($545) per year from £140 ($190). British consumers will pay roughly £790 ($1,075) more to heat and light their homes this year, according to Bank of America, following a dramatic surge in wholesale energy prices that has caused dozens of UK energy suppliers to collapse in recent months. Wholesale European gas prices have jumped by 400% over the previous year and electricity prices have increased by 300%, according to Bank of America. The increases have been driven by cold weather, nuclear plant outages in France and reduced gas flow from Russia. BP (BP) and Shell (RDSA) both operate in the North Sea, and have benefited from rising gas and oil prices. BP CEO Bernard Looney told the Financial Times in November that surging commodity prices had turned the company into a "cash machine." The company posted profits of $3.3 billion in the third quarter of 2021, and said it planned to return an extra $1.25 billion to shareholders. Shell made more than $4 billion in the quarter, and is also rewarding investors with a $7 billion share buyback program as it returns cash from the sale of its shale assets in the Permian Basin, which stretches from Texas to New Mexico. Industry group OGUK, which represents UK offshore producers including Shell and BP, said last week that a windfall tax would make energy companies less likely to invest in the country, causing "irreparable damage to the industry" that would "leave consumers even more exposed to global shortages." UK households are already under pressure from inflation of more than 5% and they face a sharp rise in costs in April, when a cap on energy prices will be raised. The poorest 10% of households will see their spending on energy increase from 8.5% of their total budget to 12%, according to the Resolution Foundation. "Proceeding with such a large, overnight bill rise without mitigating measures at a time when real wages are likely to be falling looks completely untenable," the group said in a report published in late December. The UK government has so far rejected calls for a windfall tax on North Sea producers, even as other European countries take action to shield consumers from the sharp increase in prices. "What Labour are putting out just doesn't add up. A windfall tax on oil and gas companies, who are already struggling in the North Sea, is never going to cut it," cabinet minister Nadhim Zahawi told LBC radio on Sunday. "The best way to help people is to make sure there is a job available to them." European households will pay €650 ($735) more for energy this year, bringing average spending to €1,850 ($2,095), according to Bank of America. Consumers in the United Kingdom and Italy face the largest increases of the major economies in western Europe.

[maywillow] 10/1/2022 16:16

Shell contracts Thyssenkrupp for 200-MW green hydrogen project in Rotterdam January 10 (Renewables Now) - German industrial group Thyssenkrupp AG (ETR:TKA) today said it will construct a 200-MW green hydrogen plant for Royal Dutch Shell Plc (AMS:RDSA) in the port of Rotterdam in the Netherlands. Shell has contracted Thyssenkrupp Uhde Chlorine Engineers to engineer, procure and fabricate the electrolysis plant, called Hydrogen Holland I. Electricity for the hydrogen production will be provided by the Hollandse Kust (Noord) offshore wind farm through guarantees of origin. The 759-MW wind farm is being developed by Shell and Eneco in the Dutch North Sea. The facility will use Thyssenkrupp Uhde Chlorine Engineers' 20-MW alkaline water electrolysis modules and will produce green hydrogen for industry and the transport sector. The hydrogen can be transported via a 40-km (25 miles) pipeline to Shell’s Energy and Chemicals Park Rotterdam, Thyssenkrupp said. While Shell is yet to make a final investment decision on the project, Thyssenkrupp expects construction work for the electrolysers to start in the spring. The project is targeted to begin production in 2024. Thyssenkrupp Uhde Chlorine Engineers is a joint venture with Italy’s Industrie De Nora, where Thyssenkrupp Industrial Solutions is the majority shareholder. Last year, Australian engineering group Worley Ltd (ASX:WOR) unveiled an early engineering services contract from Shell for the Holland Hydrogen I project.

[grupo guitarlumber] 10/1/2022 11:46

Crude Oil Futures Surge on Signs of Resilient Demand, ANZ Bank Says 01/10/2022 | 10:46am GMT (MT Newswires) -- Crude oil futures surged on signs of resilient demand, which helped ease concerns over the coronavirus, Australia's ANZ Bank said in a Monday note. Vehicle usage in key markets such as Europe and the US remained relatively unchanged in late December from earlier in the month, even with a surge in coronavirus cases, the bank noted. In Asia, road traffic also has not been reduced by omicron as diesel sales in India approached pre-pandemic levels in December, ANZ Bank said. Meanwhile, supply struggles to grow amid unrest and protests in Kazakhstan and similar issues crimping production in Libya, according to ANZ Bank. The Organization of the Petroleum Exporting Countries is not expected to raise output as members and OPEC allies struggle to achieve their targets, the bank said. Russia failed to boost output in December and Nigeria is experiencing disruptions at loading facilities. In Canada and the US, a deep freeze has disrupted oil flows. European gas markets are on a roller coaster ride as the last week of December saw prices fall amid a sharp rise in US LNG shipments into Europe, ANZ Bank said. Dutch gas futures dropped over 50% from record highs to end the year just under 70 euros per megawatt hour. However, reduced Russian gas pushed futures back above 85 euros/MWh last week, the bank said. Current pipeline bookings from Europe remain limited, which could lead to an increased reliance on LNG to boost inventories, ANZ Bank noted. However, lower coal supply from Indonesia could mean that consumers in nearby countries may have to rely more on LNG for heating, boosting sentiment. As a result, North Asian LNG futures also started the year strongly, compounded by snowfalls in Tokyo that put a strain on Japan's power grid, according to ANZ Bank. Supply issues still persist as Royal Dutch Shell plc (RDS.A, RDS.B)'s Prelude LNG facility is expected to remain shut until late February.

[adrian j boris] 09/1/2022 13:44

inews Calls for ‘Robin Hood’ tax on oil and gas producers to help consumers pay energy bills By Ruchira Sharma January 9, 2022 12:43 pm(Updated 1:10 pm) Labour and the Lib Dems have both called for a windfall tax on oil and gas producers to curtail rising energy prices over the next year. Both parties slammed the Government for failing to act on energy costs and called for a one-off levy to protect vulnerable families. Energy prices are expected to soar when the legal cap on prices rises in April. Wholesale gas prices climbed throughout 2021, with the cap increase set to pass some of the pain to consumers and worsen a cost of living crisis. Bills could rise from £1,277 a year for an average household under the current price cap to £1,865 a year, an increase of 50 per cent, according to estimates. The Prime Minister is coming under mounting pressure from his own backbenchers to provide support to consumers set to be stung by the price cap rise, with experts predicting that prices could keep rising until at least 2023. The Liberal Democrats said a windfall tax on oil and gas producers who have profited from the price increases would generate enough money to give over seven million households £300 off their heating bills this year – an estimated £5 billion to £7 billion. “Cabinet ministers are turning a blind eye to families in their own backyard struggling with soaring heating bills,” Liberal Democrat leader Ed Davey said. “We need an urgent package of support now to help people cope with the cost of living crisis. That should include Liberal Democrat calls for a Robin Hood tax on oil and gas firms seeing record profits, raising enough cash to give over seven million households £300 off their heating bills this year.” Meanwhile, Labour outlined proposals to save households around £200 or more through its windfall tax, calling for the squeezed middle, pensioners and the lowest earners to get additional support – up to £600 off bills. “There is a global gas price crisis, but 10 years of the Conservatives’ failed energy policy, and dither and delay has created a price crisis that’s being felt by everyone,” said Rachel Reeves MP, Labour’s Shadow Chancellor of the Exchequer. “We want to stop bills going up. “Labour’s plan to keep energy bills lower in future would see us accelerate home-grown renewables and new nuclear, retrofit 19 million homes to save households an average of £400 a year on their bills, and reform our broken energy system to stop energy companies playing fast and loose with the rules.” The Institute for Public Policy Research (IPPR) has welcomed plans for a windfall tax on North Sea oil and gas, saying that it is right that those profiting from the crisis contribute to supporting those hardest hit. Luke Murphy of the IPPR said: “In the longer-term, the only way to address this crisis is not to increase domestic gas production as some have suggested, but to reduce our reliance on volatile fossil fuels by ramping up renewables and an ambitious plan to insulate homes across the country. “The Government must now deliver a plan that can ease the immediate cost of living crisis this year and address the longer-term challenge of delivering an energy supply that is affordable, secure and net zero.” Government modelling suggests inflation could increase to around seven per cent if the energy price cap shoots up in April as expected, according to reports. The energy regulator Ofgem will set the price cap for domestic customers in February, before the changes kick in in April. Charities, including the fuel poverty charity National Energy Action, have warned that the steep rise in costs will see “an avalanche” of people falling into debt or rationing heating.

[waldron] 08/1/2022 14:07

Date: Thursday, 03 February 2022 Event title: Q4 2021 Results

[adrian j boris] 08/1/2022 12:13

Royal Dutch Shell (UK) - Simplification of Share Structure Informative Notice 07 January 2022 FTSE Russell notes the announcement of the timetable by Royal Dutch Shell in relation to the simplification of its share structure, whereby each share of Royal Dutch Shell A (UK, B03MLX2, FTSE 100 Index, GEIS Large Cap) and Royal Dutch Shell B (UK, B03MM40, FTSE 100 Index, GEIS Large Cap) will be assimilated into a single line of Shell Plc (UK, BP6MXD8). Shell Plc will be incorporated and tax resident in the UK. Based on the current expected timetable, FTSE Russell anticipates the following treatment: Friday 28 January 2022: The last day of trading of the A and B shares. Monday 31 January 2022 (from market open): The simplified Shell Plc line will commence trading with the current A line being retained within its existing FTSE Russell indices, with its shares being updated to incorporate the simplification terms. This will be implemented with updates to the A line's name, codes, tax treatment, shares in issue, and its investability weight. The B line security will be removed from all FTSE Russell indices. The index changes will be implemented using market prices (i.e. using the close prices from Friday 28 January 2022). FTSE Russell will release further index notices in due course. Please note: Following the effective date, there will be no withholding tax levied on dividends distributed by the UK tax resident company, this will result in no difference applied within the FTSE Total Return Indices and FTSE Total Return Declared Dividend Indices, please refer to the 17 November 2021 notice for further detail.

[adrian j boris] 08/1/2022 00:29

Shell’s Gas Trading Booms While Oil Trading Slows By Tsvetana Paraskova - Jan 07, 2022, 11:00 AM CST Shell expects very strong Q4 results from gas trading division Shell expects its oil products trading and optimization results to be significantly lower than the third quarter of 2021 Shell is set to publish its Q4 results on February 3, 2022 Shell expects the trading results of its gas division to have been significantly higher in the fourth quarter of 2021 compared to the third quarter, on the back of high natural gas and LNG spot prices, the supermajor said in its fourth quarter 2021 update note on Friday. At the same time, Shell expects its oil products trading and optimization results to be significantly lower than the third quarter of 2021. Adjusted earnings at the refining and trading division are expected to be negative despite higher indicative refining margins, an approximation of Shell’s global net realized refining margin, the company said. Shell issued the update note ahead of the publishing of the Q4 2021 results scheduled for February 3, 2022. In today’s note ahead of the earnings release, Shell said it would distribute the remaining $5.5 billion of proceeds from the sale of its Permian assets “in the form of share buybacks at pace.” Shell announced in September its exit from the Permian with a divestment of its assets in the shale play to ConocoPhillips for a total price of $9.5 billion. “After reviewing multiple strategies and portfolio options for our Permian assets, this transaction with ConocoPhillips emerged as a very compelling value proposition,” said Wael Sawan, Upstream Director at Shell. “The Permian related distributions are in addition to the distributions of 20-30% of cash flow from operations as per our existing capital allocation framework,” Shell said today. The decision for the Permian-related buybacks was taken on December 31, 2021, during the first Board meeting held in the UK following the decision to implement the simplification of the company’s share structure. At the end of last year, Shell proposed to shareholders, and they overwhelmingly voted in favor of, a plan to drop the dual share structure and ‘Royal Dutch’ from the name, move its tax residence to the UK from the Netherlands, and make its share structure simpler for investors to value and understand. By Tsvetana Paraskova for Oilprice.com

[adrian j boris] 08/1/2022 00:08

Https://www.naijanews.com/2022/01/07/five-indigenous-companies-bid-for-3bn-shells-onshore-oilfields/

[waldron] 07/1/2022 16:42

Shell 4Q Update Is Below Market Expectations, ING Says 0857 GMT - Shell's update for the fourth quarter of 2021 is below market expectations, ING says, adding that the company won't reach its $6.3 billion adjusted earnings forecast for the quarter. This reflects the fact that Chemicals is expected to deliver break-even earnings, weaker results in Oil Products, and Integrated Gas production halts in Australia. However, it is difficult to know to what extent shares will move on these numbers, given that the company confirmed another $5.5 billion share buyback and Brent oil prices have risen above $80, ING says. "Our Hold with a TP of EUR20.50 stands as we believe all good news of RDS is discounted in the current share price," the Dutch bank says. --- Shell 4Q Update Is Neutral to Market Expectations 0817 GMT - Shell's trading update for the fourth quarter is neutral to consensus expectations and slightly worse than prior guidance, with multiple figures now at the low end of what was previously guided, Biraj Borkhataria of RBC Capital Markets says. The analysts highlights that LNG volumes are lower than expected, as operational issues hurt production, and that Shell has confirmed it will distribute the remaining $5.5 billion of proceeds from the Permian sale via buybacks at pace. Shares in the oil-and-gas major slip 0.3%. Contact: London NewsPlus, Dow Jones Newswires; Write to Sarka Halas at [e-mail] (END) Dow Jones Newswires January 07, 2022 09:00 ET (14:00 GMT)

[waldron] 07/1/2022 14:55

INVEZZ Shell share price forecast: Cheap RDSB could surge ahead By: Crispus Nyaga on Jan 7, 2022 The Shell share price has started the year well. It has risen by about 12% from its December lows. The stock could keep rising in light of the $5.5 billion buybacks. The Royal Dutch Shell (LON: RDSB) share price rose to the highest level since October last year. It is trading at 1,722p, which is about 12% above the lowest level in December. Other oil and gas stocks like BP and ExxonMobil have also done well. Shell buybacks The Shell share price has done well, supported by the relatively high crude oil and natural gas prices. The price of crude oil has jumped this year as investors downplay the impact of the Omicron variant to the global economy. Recent data shows that the variant is relatively milder than the previous variants. The stock is also doing well after the company unveiled its plan to return funds to shareholders. It will buy back stock worth $5.5 billion using the funds it raised after selling its Permian Basin operations to ConocoPhillips. These distributions will be in addition to the existing buyback plan that involves repurchasing stock using between 20% and 30% of its total cash flow. In a statement, the company said that it will report between 910k and 950k barrels of oil per day for the fourth quarter and about 7.7 million to 8.3 million mt/day of LNG. This guidance was lower than the previous one. Analysts are optimistic about the Shell share price because of the rising demand and the fact that oil and gas prices have been stable. The company is also taking actions to reduce costs. For example, last year, the company said that it will shift its headquarters from the Netherlands to London. In a recent article, Barron’s mentioned Shell as one of its picks for the year. They cited the company’s discount to its American rivals and the fact that it is a leading gas producer. Natural gas prices have been in a strong bullish trend lately. On the daily chart, we see that the RDSB share price crossed a key resistance level this week. The stock managed to move above the key level at 1,705, which was the highest level on December 7th. It also jumped above the 25-day moving average and is slowly approaching its highest level in 2021. The MACD has also moved above the neutral level. Therefore, the stock will likely keep rising as bulls target the key resistance at 1,850p. This view will be invalidated if the stock crashes below 1,600p.

[grupo guitarlumber] 07/1/2022 11:00

Royal Dutch Shell plc Shell Fourth Quarter 2021 Update Note 07/01/2022 7:00am UK Regulatory (RNS & others) Royal Dutch Shell (LSE:RDSB) Intraday Stock Chart Friday 7 January 2022 Click Here for more Royal Dutch Shell Charts. TIDMRDSA TIDMRDSB The following is an update to the fourth quarter 2021 outlook. Impacts presented may vary from the actual results and are subject to finalisation of the fourth quarter 2021 results, published on February 3, 2022. Unless otherwise indicated, all outlook statements exclude identified items. The remaining $5.5 billion of proceeds from the Permian divestment will be distributed in the form of share buybacks at pace. This decision was taken on December 31, 2021, at the first Board meeting held in the UK following the decision to implement the simplification of the company's share structure. The Permian related distributions are in addition to the distributions of 20-30% of cash flow from operations as per our existing capital allocation framework. Further details of the amount and pace of total shareholder distributions will be disclosed at the fourth quarter results announcement.

[waldron] 07/1/2022 09:21

Royal Dutch Shell PLC said Friday that it will distribute the remaining $5.5 billion of proceeds from the sale of its Permian Basin assets in the U.S. through share buybacks. The oil-and-gas major said this is in addition to the ordinary distributions of 20%-30% of cash flow from operations. Meanwhile, Shell warned that production from its integrated gas division was hurt by unplanned maintenance in the fourth quarter of 2021. The company expects to report daily production of 910,000-950,000 barrels of oil equivalent and liquefied natural gas volumes of 7.7-8.3 million metric tons, which would be lower than guidance of 940,000-980,000 barrels and 8.0-8.6 million metric tons. On the positive side, trading profits from Integrated Gas jumped quarter-on-quarter, as Shell benefited from soaring liquefied natural gas spot prices. Upstream production is expected to have averaged between 2.15 and 2.25 million barrels of oil equivalent per day, within the guidance range. In addition, oil products marketing results are expected to have worsened, with trading performance significantly below the third quarter. Sales volumes of between 4.0 and 5.0 million barrels a day would be below previous guidance of 4.2-5.2 million. Refinery utilization is within previous guidance. Chemicals margins and manufacturing plant utilization also fell in the three months ended Dec. 31 compared with the previous quarter. Sales volumes are seen at 3.3-3.6 million metric tons, below previous expectations of 3.5-3.9 million. Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT (END) Dow Jones Newswires January 07, 2022 02:53 ET (07:53 GMT)

[waldron] 06/1/2022 09:44

SHELL A : RBC gives a Buy rating 01/06/2022 | 08:20am GMT Already positive, the research from RBC and its analyst Biraj Borkhataria still consider the stock as a Buy opportunity. The target price is unchanged at GBX 2500.