Shell Share Discussion Threads

[andyj] 24/2/2020 11:05

Currently nudging 8%

[florenceorbis] 24/2/2020 09:08

Final thoughts

In contrast to most of its peers, Shell has failed to grow its production in the last two years. The oil major has also failed to replenish its oil and gas reserves in the last six years and hence it now has the shortest lifetime of reserves in its peer group. On the bright side, thanks to the indiscriminate sell-off of the entire energy sector, which has resulted from the coronavirus, Shell is currently offering a nearly 4-year-high dividend yield of 7.4%. As the oil major enjoys ample free cash flows, the dividend can be considered safe for the foreseeable future. Therefore, those who purchase the stock at its current price are likely to be highly rewarded, particularly if the oil giant improves its upstream performance in the upcoming years.

[maywillow] 23/2/2020 19:34

Government’s amendment to oil agreements, price review prompt industry to rise again: Shell

Shell Egypt’s total natural gas production level is 350m cubic feet per day, says Moataz Darwish
Mohamed Adel 2 hours ago Comments Off on Government’s amendment to oil agreements, price review prompt industry to rise again: Shell

As international oil companies change their business plans to keep pace with recent mega gas discoveries in Egypt, and the government formed a fuel automatic pricing committee to set fuel prices according to global prices, besides amending existing exploration agreements, Daily News Egypt interviewed Deputy Country Chair for Shell Egypt Moataz Darwish. Royal Dutch Shell is one of the companies that have developed their investment plans and switched its focus to gas exploration in deep-water areas.

Plunging gas prices are forcing Egypt to change its gas-selling strategy, how does Shell see this move?

The recent amendment and update of oil agreements by the Ministry of Petroleum led the sector to revitalise strongly, and prompt foreign partners to achieve many oil and gas discoveries, as the Egyptian market became more attractive.

Foreign companies’ increasing interest to invest in the Egyptian oil sector was a result of amending oil agreements in terms of required investment volume and project development costs. The Egyptian government’s periodic review of gas prices also contributed to encouraging foreign partners to implement development programmes and increase production rates.

What is Shell Egypt’s total natural gas production level?

Shell’s current gas production level is estimated at about 350m cubic feet per day. The Burullus deep-water field in the Mediterranean is the company’s largest gas field. An exploratory well is currently being drilled in the Burullus concession region, and we seek to drill a second well after completing the first.

What is the production level from Badr El Din fields?

The production of Badr El Din fields, which are located in the Egyptian Western Desert, reached around 120,000 barrel of oil equivalent per day.

When would Shell start exploration in the concessions it was awarded recently?

Shell Egypt intends to start the seismic survey and drilling exploration wells in the concessions that it recently won in the next fiscal year.

Last year, Shell Egypt was awarded exploration rights to five concession areas in two auctions, of which three are for searching for oil: West Fayoum, Southeast Horus, and South Abu Sinan, and the other two are for natural gas: North Sidi Gaber and North El Fanar offshore areas.

How is your operation contract of Idku liquefaction plant going amid low global gas prices?

We have a company that specialises in contracting and exporting gas to global markets. It has a large portfolio of gas supply contracts because Shell is the largest company in the world in terms of LNG exports.

Idku Liquefaction Plant, currently operated by Shell, was launched in 2005 in partnership between the Egyptian General Petroleum Corporation (12%), the Egyptian Natural Gas Holding Company (12%), British Gas (35.5%) -which was acquired by Shell- Malaysia’s Petronas (35.5%), and ENGIE (5%).

How do you see the recent amendments to the law regulating the gas market in Egypt that allow foreign partners to sell gas directly to the private sector?

This mechanism is followed in many countries around the world and we are waiting impatiently for its implementation because it is the best solution to liberalising the market.

[The law regulating the Egyptian gas market includes an article that allows a foreign partner to obtain a license to sell its share of local gas fields to the private sector at prices set by the Gas Regulatory Authority, as part of the government’s plan to liberalise the energy market locally.]

When will you start developing your recently acquired concession in the Red Sea?

Shell Egypt has been awarded two concessions in the Red Sea bid round, which was launched in March 2019. The first concession is located in Block 4 which was awarded to Shell in partnership with Mubadala (30%), while the second concession is located in Block 3 with Shell being the sole licence holder.

We are awaiting the Egyptian parliament’s approval, and then we can start the seismic survey and drilling the first exploratory well to know the size of reserves.

What are the updates of the Aphrodite gas field off the southern coast of Cyprus, of which Shell has a share?

No plan has been put in place to develop the Aphrodite discovery in the deep waters of the Mediterranean so far, as there is no way to link production at present.

US Noble Energy is the main operator of the field, while Shell is one the partners.

What does Shell see the future of the Egyptian oil market in light of the decline in gas prices globally?

Shell has a strategy based on global market studies until 2050, which expects an increase in market demand rates, which requires more discoveries. The existing gas discoveries will not cover global demand in light of urban and economic expansion worldwide

[maywillow] 23/2/2020 18:30

lilkenzo
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[misca2] 23/2/2020 10:04

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[inaminute] 23/2/2020 10:04

Don?t open the petershares post, another fake link from the idiot

[waldron] 21/2/2020 17:27

Brent Crude Oil NYMEX 58.22 -1.84%
Gasoline NYMEX 1.75 -1.90%
Natural Gas NYMEX 1.91 -0.93%
WTI 53.3 USD -0.30%


FTSE 100
7,403.92 -0.44%
Dow Jones
29,034.75 -0.63%
CAC 40
6,029.72 -0.54%
SBF 120
4,769.97 -0.50%
Euro STOXX 50
3,800.38 -0.95%
DAX
13,579.33 -0.62%
Ftse Mib
24,747.46 -1.33%

Eni
12.764 -1.05%


Total
44.295 -1.02%

Engie
16.595 +0.70%

Bp
453.55 -2.71%

Vodafone
154.88 -0.08%

Royal Dutch Shell A
1,887.8 -2.02%

Royal Dutch Shell B
1,886.4 -1.80%

[the grumpy old men] 21/2/2020 10:09

Royal Dutch Shell advance notice of Q1 2020 results announcement
Email Print Friendly Share
February 21, 2020 04:46 ET | Source: Royal Dutch Shell

ROYAL DUTCH SHELL PLC

Notice of Results

The Hague, February 21st 2020 - On Thursday April 30th 2020 at 07:00 BST (08:00 CEST and 02:00 EDT) Royal Dutch Shell plc will release its first quarter results and first quarter interim dividend announcement for 2020.

These announcements will be available on

[waldron] 20/2/2020 18:00

SO NO B BUYBACKS TODAY ONLY A BUYBACKS AGAIN AND AGAIN

[waldron] 20/2/2020 17:33

Brent Crude Oil NYMEX 59.36 +0.41%
Gasoline NYMEX 1.77 -0.46%
Natural Gas NYMEX 1.99 +0.91%
WTI 53.91 USD +0.30%

FTSE 100
7,436.64 -0.27%
Dow Jones
29,075.88 -0.93%
CAC 40
6,062.3 -0.80%
SBF 120
4,794.12 -0.80%
Euro STOXX 50
3,822.98 -1.03%
DAX
13,664 -0.91%
Ftse Mib
25,210.4 -1.05%


Eni
12.9 -0.29%



Total
44.75 -0.67%

Engie
16.48 -0.99%


Bp
466.2 +0.73%

Vodafone
155 -0.51%

Royal Dutch Shell A
1,926.8 -0.07%


Royal Dutch Shell B
1,921 -0.62%

WHATTA LAST MINUTE SELL OFF

[ariane] 20/2/2020 12:34

Beyond Royal Dutch Shell share price history: what’s the outlook for 2020?

In spite of the very rough 2019, in late December most analysts still considered Royal Dutch Shell a good buy for 2020.

The coronavirus has now been declared a global health emergency by the WHO, and it will take some time to bring the outbreak under control. However, the current energy price slump is driven more by panic than by objective facts. The oil ministry of Saudi Arabia, in particular, insists that the virus won't have a serious or lasting effect on the global oil demand.

Once the coronavirus is contained, the energy market is likely to rebound sharply, just like it did in 2003 after the SARS epidemic. Add to this the recently signed Phase 1 trade deal between China and the US, and you get favourable conditions for the RDSB price to grow in 2020.

From our Royal Dutch Shell stock analysis, we have to conclude that the price could go both ways in 2020. For long-term investors, the stock remains attractive anyway due to Shell's commitment to paying dividends. As a short-term investment, RDSB has now become very risky. As for the mid-term, it could still be a great buying opportunity – as long as you believe in the authorities' ability to contain the coronavirus.

[action] 20/2/2020 12:12

Many thanks. In weaker pound will be more better for RDSA share price .

[ariane] 20/2/2020 11:49

ACTION
20 Feb '20 - 11:42 - 2112 of 2112
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RDSA is higher than RDSB?

rdsa shareholders would get paid first in bankrutcy

rdsa ,its a different company

tax treatment on divis is different

currency impact can be a factor and demand

but you should know all these things

[action] 20/2/2020 11:42

RDSA is higher than RDSB?

[waldron] 19/2/2020 17:24

Brent Crude Oil NYMEX 59.11 +2.35%
Gasoline NYMEX 1.77 +1.81%
Natural Gas NYMEX 1.96 -0.56%
WTI 53.15 USD +1.94%



FTSE 100
7,457.02 +1.02%
Dow Jones
29,367.49 +0.46%
CAC 40
6,111.24 +0.90%
SBF 120
4,832.59 +0.81%
Euro STOXX 50
3,865.18 +0.82%
DAX
13,789 +0.79%
Ftse Mib
25,473.39 +0.99%



Eni
12.938 +0.22%


Total
45.05 +0.79%

Engie
16.645 +0.57%


Bp
462.8 +1.16%

Vodafone
155.8 +0.32%

Royal Dutch Shell A
1,928.2 +0.73%

Royal Dutch Shell B
1,933 +0.59%

[waldron] 19/2/2020 10:24

Upcoming events


February 20, 2020 LNG Outlook webcast

March 12, 2020 Publication of 2019 Annual Report and Form 20-F

April 30, 2020 First quarter 2020 results and first quarter 2020 interim dividend announcement

May 19, 2020 Royal Dutch Shell plc Annual General Meeting

July 30, 2020 Second quarter 2020 results and second quarter
2020 interim dividend announcement

October 29, 2020 Third quarter 2020 results and third quarter 2020 interim dividend announcement