Shell Share Discussion Threads

[grupo guitarlumber] 04/10/2021 12:37

Heads up: OPEC+ to meet later in the day

Mon 4 Oct 2021 10:37:29 GMT

Author: Justin Low

No change on policy is expected though

OPEC

The JMMC meeting will take place at 1200 GMT and then the OPEC+ ministerial meeting will take place at 1300 GMT. That's the schedule but if things go off without a hitch then expect the outcomes and decisions to be communicated sooner.

The latest reports are suggesting that OPEC+ is to keep the status quo and maintain a 400k bpd increase in oil output every month, sticking with the July decision.

The energy crisis may present more complications to that in the weeks/months ahead but for now, this will be seen as more of a placeholder meeting as such.

Oil prices are relatively steady, with WTI crude up 0.1% to $75.96 currently.

[grupo guitarlumber] 04/10/2021 11:54

Royal Dutch Shell PLC said Monday that it has signed deals with Island Green Power and Clearstone Energy to develop solar photovoltaic projects in the U.K.

The Anglo-Dutch energy company said that the deal with Island Green Power will include an initial collaboration on around 700 megawatts of generating capacity. As for the Clearstone agreement, the projects have a total combined export capacity of 100 megawatts with co-located storage potential.

Both deals would be subject to a future final investment decision, Shell said.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

October 04, 2021 05:59 ET (09:59 GMT)

[grupo guitarlumber] 04/10/2021 11:47

4 October 2021


21st OPEC and non-OPEC Ministerial Meeting


Via videoconference

[waldron] 04/10/2021 09:33

Fuel crisis: City traders circle BP and Shell as they take positions for more price hikes

10/04/2021 | 08:31am BST


Investors are not banking on a swift resolution to the UK fuel crisis against a backdrop of continuing queues on forecourts and the Army being put on standby to help with deliveries, according to data shared with City A.M. this morning.

Analysis of investor movements with regards to BP, Royal Shell and Glencore shows that investors are increasingly bullish on these stocks as they expect prices will rise further, following their recent strong performance that was partly driven by the UK fuel crisis.

Soaring natural gas prices and concerns over possible winter shortages have motivated a number of investors to position accordingly, trading house GraniteShares shared with City A.M..

Figures for the past week show Royal Dutch Shell has seen the volume of funds traded rise by 19 per cent, while the volume traded in Glencore is up 45 per cent.

“The oil giants and Glencore have benefited recently from optimism about rising commodities prices and the UK fuel crisis,” said William Rhind, founder and CEO at GraniteShares.

“It would appear that investors don’t see an end to that any time soon and are positioning themselves for higher prices,” he said.

The post Fuel crisis: City traders circle BP and Shell as they take positions for more price hikes appeared first on CityAM.

[waldron] 04/10/2021 09:22

Royal Dutch Shell A
1,664 +0.98%



Royal Dutch Shell B
1,664.6 +1.15%

[waldron] 04/10/2021 08:21

today might well see a break thru resistence

[waldron] 04/10/2021 08:20

In a research note, Barclays analyst Lydia Rainforth has maintained his recommendation on the stock with a Buy rating. The target price has been lifted and is now set at GBX 2250 compared to GBX 1950 before.

[waldron] 04/10/2021 07:18

European markets set for positive open; China Evergrande trading halt watched

Published Mon, Oct 4 202112:31 AM EDT

Updated An Hour Ago
Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to open broadly in positive territory on Monday as markets head into the first full trading week of October.

The U.K.’s FTSE index is seen opening 21 points higher at 7,040, Germany’s DAX 11 points higher at 15,137, France’s CAC 40 up 9 points at 6,506, according to IG data.

[lippy4] 03/10/2021 22:28

waldron

thank you for your input over the years as its always on the ball.

[waldron] 03/10/2021 22:11

The Royal Dutch Shell share price jumps! Is it too late to buy?

Rupert Hargreaves | Friday, 1st October, 2021

The Royal Dutch Shell (LSE: RDSB) share price has jumped 23% over the past six months. Over the past 12 months, the stock’s performance is even more impressive.

Shares in the oil major have rallied by more than 80% from their October 2020 levels. Both of these figures exclude dividends paid to investors.

Shares in the company have charged higher as oil prices have recovered from their pandemic lows. The price recently hit $80 a barrel, a three-year high. And it’s not just the price of oil that’s been pushing higher. The price of gas has also jumped.


These rises are causing havoc within the UK energy market. Several suppliers have failed lately, unable to pass these costs onto consumers.

But for Shell, these price rises could produce windfall profits for the group.
Royal Dutch Shell share price outlook

We can get some idea as to the impact higher commodity prices are having on the group’s finances from its second-quarter results. The company reported adjusted earnings of $5.5bn for the three months through to the end of June. That was compared to a profit of $638m for the same period a year earlier.

With profits surging, Shell was able to boost its dividend for the second consecutive quarter. It also launched a $2bn share repurchase programme. The stock currently yields 3%.

Based on the recent commodity price action, I reckon the company could be on track to report another bumper set of results for the third quarter. It may even see this favourable environment continue into the fourth quarter.

I realise some investors might not be celebrating the impact higher oil prices are having on the Royal Dutch Shell share price. In recent years, investors and asset managers have been selling the stock to try and put pressure on the business to reduce emissions as well as oil and gas output. Rising prices may reverse this trend. As such, the stock may not be suitable for all investors.
The shift to renewables

Still, I think the current boom in oil prices shows that the world’s not yet ready to move away from fossil fuels. At the same time, rising profits will provide a cash infusion for Shell to invest in renewable projects. I think this is important because management needs to think about the future.

The group cannot rely on high oil prices forever. As the past two years have shown, oil prices can be incredibly volatile. With extra cash to spend, Shell may be able to accelerate its shift towards cleaner energy.

Overall, I think the Royal Dutch Shell share price still offers value. The stock’s recent performance reflects its booming profits, which could help the group secure its future. With these factors in mind, I’d be happy to add the shares to my portfolio.





The Motley Fool UK

[waldron] 03/10/2021 21:11

www.livemint.com/industry/energy/royal-dutch-shell-in-talks-with-cesl-to-invest-500-million-11633288511252.html

[waldron] 03/10/2021 17:46

Charlie9038
3 Oct '21 - 17:39 - 6423 of 6423
0 0 0



(Bloomberg) --

The OPEC+ cartel’s production policy will be the main factor influencing oil prices over the coming months, according to Vitol Group.

There’s little chance of Iranian barrels returning to global markets this year and U.S. shale producers aren’t investing enough to raise output quickly, according to the world’s largest independent oil trader.

“Control of pricing is very much in the hands of OPEC+,” Mike Muller, the head of Asia for Vitol, said on a Sunday webinar hosted by Dubai-based consultancy Gulf Intelligence. In the U.S., “the rig count is simply not there for production to catch up in a way that would be necessary if you needed extra oil.”

The Organization of Petroleum Exporting Countries and its partners -- a 23-nation grouping led by Saudi Arabia and Russia -- meet on Monday. With Brent crude climbing above $80 a barrel last week for the first time since 2018, some traders and the White House have called on OPEC+ to announce faster-than-planned production increases.

The group is gradually easing cuts that began as the coronavirus pandemic ravaged energy markets last year. It has previously signaled that it will boost daily output by 400,000 barrels for the next several months.

A shortage of natural gas in Europe has added to the oil market’s tightness, with businesses being forced to switch to crude for power production.

Some OPEC+ members give the impression they’re not concerned that oil surpassing $80 may crimp demand, Muller said.

They “want to make a fair chunk of money before competition enters the picture” from Iran or the U.S., he said.

[xxxxxy] 03/10/2021 13:03

 shortage of natural gas in Europe has added to the oil market's tightness, with businesses being forced to switch to crude for power production.Some OPEC+ members give the impression they're not concerned that oil surpassing $80 may crimp demand, Muller said.They "want to make a fair chunk of money before competition enters the picture" from Iran or the U.S., he said..... Yahoo Finance

[waldron] 03/10/2021 12:35

gxgxx
3 Oct '21 - 10:29 - 3289 of 3289
0 0 0
The global energy crisis is intensifying, hammering the shares of companies that consume a lot of power and sending the stocks of those that produce it soaring.

Economic recovery from the pandemic has boosted demand for gas and coal but their supplies have not been able to keep up. With the northern hemisphere winter on the horizon and China -- the world’s biggest electricity user -- ordering state-owned energy firms to secure supplies at all costs, investors are in a race to pick the winners and losers.

A key measure of international energy producers, led by names including Cabot Oil & Gas Corp. and ConocoPhillips, has rallied almost 10% over the past month. Utilities stocks have gone into reverse, wiping out this year’s gains, with materials companies joining them among the biggest laggards on the MSCI World Index.

“The energy crisis can exist for the next several years. I think a super cycle in energy has started and will continue for several years," said Sumeet Rohra, a fund manager at Smartsun Capital Pte. in Singapore. “Energy stocks are very well poised to generate big returns."

China’s factory sector contracted in September for the first time since the pandemic began, thanks to power cuts that have affected regions making up more than two-thirds of the nation’s gross domestic product. The energy crunch has also reportedly halted production at suppliers of global tech giants such as Apple Inc. and Tesla Inc.

Meanwhile, European inventories of natural gas are running low as economies come out of the pandemic lockdown and the White House has expressed concern about the jump in oil prices.

Here is a guide to how the crisis is playing out in equities market:

Energy Producers

Companies that produce gas, oil and coal are set to continue benefiting as winter approaches and demand rises.

Royal Dutch Shell Plc, TotalEnergies SE, Eni SpA, and BP Plc are among big European names that may rally further. In Asia, traders have their eyes on companies including Woodside Petroleum Ltd., Petronas Gas Bhd., Inpex Corp., Oil and Natural Gas Corp. and Reliance Industries Ltd.

“It is not just about a short term supply-demand imbalance," said Gary Dugan, chief executive officer of the Global CIO Office. “The energy crunch is very concerning as it leads to the worst case scenario for markets -- that of stagflation," he said, referring to a situation in which economic growth stalls while inflation and unemployment rise.

If the current tightness in the gas market endures into next year, then Total could see 2022 earnings boosted by 18% and Eni by 12%, Goldman Sachs Group Inc. analysts including Lilia Peytavin wrote in a note last week.

Bloomberg Intelligence analyst Talon Custer said U.S. exporters of liquefied natural gas, such as Cheniere Energy Inc. and Sempra Energy, appear well positioned in an LNG market that should stay extremely tight through the winter.

Exxon Mobil Corp. said on Sept. 30 that elevated gas prices will boost its third quarter profit by about $700 million.

A three-year-high in oil prices also helps Exxon, and should keep others such as Schlumberger Ltd., ConocoPhillips and Halliburton Co. on the radar of traders.

In contrast, gas distributors such as China Gas Holdings Ltd., Hong Kong and China Gas Co., Kunlun Energy Co, and Indraprastha Gas Ltd. may face margin pressure if they are not allowed to pass on rising input costs.

Amid surging prices of coal, key stocks to watch are Arch Resources Inc. and Peabody Energy Corp. in the U.S., Glencore Plc. in Europe, and China Shenhua Energy Co., China Coal Energy Co., Adaro Energy Tbk, Whitehaven Coal Ltd. as well as Coal India Ltd. in Asia.

Materials & Metals

While rising power prices hurt all users, it is particularly acute for energy-intensive materials and metal companies.

In Asia, these stocks include Aluminum Corporation of China Ltd., Baoshan Iron & Steel Co., Angang Steel Co., China National Chemical Engineering Co. and Zhejiang Longsheng Group Co.

European construction material maker Sika AG also fits the mold, as does steelmaker ArcelorMittal and cement producer Holcim Ltd. In the U.S., steel producer Nucor Corp. and paint maker Sherwin-Williams Co. may be focus.

Bank of America Corp. analysts see input-cost headwinds for Indian cement makers such as UltraTech Cement, Shree Cement Ltd. and companies in the paint sector.

Power Utilities

Many government-backed electricity providers are likely to face margin pressure while those that are less regulated or independent have a better chance profiting from higher electricity prices.

Barclays Plc.’s analysts including Peter Crampton expect further strength in power prices to create winners in less heavily regulated northern Europe. They identified Electricite de France, Engie SA, Fortum Oyj and RWE AG. The analysts expect significant earnings-per-share upgrades, particularly for EDF, and raised their 2021 and 2022 estimates by 82% and 61%, respectively.

The most visible signs of stock market distress so far have been in southern Europe’s heavily regulated utilities. Iberdrola SA and Endesa SA shares are both trading at their lowest levels in more than last year.

In Asia, potential losers include Korea Electric Power Co., Tokyo Electric Power Co. and India’s NTPC Ltd. In the U.S., companies such as Southern Co., American Electric Power Co. and Duke Energy Corp. could face pressure.

Green Stocks

Higher energy prices and efforts to cut carbon emissions are also flowing through into the share prices of renewable power and nuclear stocks.

Bloomberg Intelligence’s Laurent Douillet sees large nuclear and hydro electricity companies as potential winners over those that rely on gas and coal.

READ: China’s Energy Crunch Sends Coal Shares Up, Renewable Firms Down

Key stocks to monitor are Europe’s Scatec ASA, Azelio AB and Orsted A/S, North America’s First Solar Inc. and SolarEdge Technologies Inc., and Asia’s LONGi Green Energy Co., Trina Solar Co., Sungrow Power Supply Co. and Adani Green Energy Ltd.

“There hasn’t been a confluence of so many factors happening at the same time in energy and commodity markets since at least the 1980s," said Robert Ryan, chief commodity and energy strategist at BCA Research.

[tornado12] 03/10/2021 11:18

There’s easily a 10% upside on share price before EOY… we are in an energy storm that could last through winter. Don’t enjoy the price increases but my shell account is recovering nicely ! GLA … waiting with baited breath for Q3 results

[xxxxxy] 03/10/2021 10:14

China's warningOCTOBER 3, 2021 19 COMMENTSChina has decided to suspend her not very demanding emissions targets as the country needs to keep the lights on. In a major reversal just before COP 26 the world's largest producer of CO2 has had to urge full out production and purchase of coal to generate power. Any idea that the creator of 27% of the world's manmade CO2 was about to reverse the growth in her carbon output has been forced out by the reality that she needs coal to keep the factories turning and the homes heated and functioning. In Germany the CDU is trying to keep coal alive until 2038, with the CDU government in the Rhineland approving new large strip mining activities, owing to the unreliability of wind power on the German system.Governments keen to decarbonise need to recognise that their prime duty is to keep the lights on and the factories working. It is not a good look  to end up with emergency power cuts and the need to dash for coal to avoid disaster. Our very sophisticated societies, hospitals, schools  and homes rely completely on electricity to power them or to operate the controls, lighting  and communications. It is even more important now to have enough capacity for all conditions and eventualities.I repeat my request of government that they make putting in more electricity capacity an urgent priority, choosing methods of generation that balance the current mix and provide resilience. I also want to see us produce more domestic gas and biomass materials to cut the costs and fuel use currently taken by importing LNG and wood pellet and to add to our options for power generation....John Redwood

[sarkasm] 03/10/2021 10:11

partenope
3 Oct '21 - 10:07 - 4 of 4
0 0 0
Morning Star Stock of the Week: Royal Dutch Shell



"still trading below the £19.40 fair value estimate"

[sarkasm] 03/10/2021 10:10

cheers fella

[partenope] 03/10/2021 10:07

Morning Star Stock of the Week: Royal Dutch Shell



"still trading below the £19.40 fair value estimate"

[jrphoenixw2] 02/10/2021 20:44

Interactive Investors
'Energy crisis: investor Q&A and share tips'


c20mins. Includes anlysis of RDS vs BP. The featured analyst currently favours BP somewhat more, but interesting chat about oil price, cost rationalisation and potential for solid future divs at RDS. Oh, and $100 oil within the next 12 months and why.

[waldron] 02/10/2021 19:41

Global energy crunch could soon send oil prices to $100 & spur another economic crisis, Bank of America warns
2 Oct, 2021 15:08
RT.COM


Oil prices are expected to hit $100 a barrel as early as this winter due to soaring prices for natural gas, along with an approaching cold-weather season that could even trigger the next economic crisis, Bank of America says.

The possibility of soaring oil prices and high inflationary pressure could become the trigger for a global crisis, the analysts warned in a note carried by Bloomberg.

According to the multinational, gas-to-oil switching with record-high natural gas prices could cause additional oil demand.
Also on rt.com Record-breaking natural gas prices equate to oil costing $190 per barrel

Moreover, energy demand is expected to grow due to a colder than usual winter, pushing prices even higher. At the same time, the reopening of international airline travel is also projected to boost demand for jet fuel.

“If all these factors come together, oil prices could spike and lead to a second round of inflationary pressures around the world,” the analysts said, as quoted by the agency.

“Put differently, we may just be one storm away from the next macro hurricane.”
Also on rt.com Gas or gaslighting? Ukraine accuses Russia of weaponizing energy resources

The banking major also said that underinvestment in commodities due to poor returns is also set to fuel higher oil prices in the longer-term.

“A multiyear run up in crude oil prices is now in the cards,” Bank of America said.