Shell Share Discussion Threads

[geckotheglorious] 02/12/2021 10:28

Shell should have been engaging in buybacks when the share price was in 900's. Did they? Rather they didn't now with the stock in 1500-1600 level

All about padding the KPIs to improve board of director remuneration at these levels.

Rather they paid down debt as well.

[grupo guitarlumber] 02/12/2021 09:58

Must admit not a fan of buybacks even if written off

would rather them use cash to pay down debt,invest in profitable projects and or improved divi payouts thereby allowing the choice to holders as to reinvestment

lets hope this time round the share price is from here on in the cheapest it gets

[biddy74] 02/12/2021 09:25

Agreed Holts. We will only see the benefit of buybacks if and when that transfers to greater dividends payable to the remaining holders.

[holts] 02/12/2021 07:31

More money down the drain on buybacks , theory is fine , in reality if the market is going to trash or enhance the share it will , I would rather we had the money in dividends or even debt reduction .

[grupo guitarlumber] 02/12/2021 07:27

UPSTREAM

Pioneering project: Stiesdal Offshore Technologies' innovative TetraSpar pilot floating wind turbine installed offshore Norway

'Pioneering concept': Shell-backed floating wind demonstration project flows first power to Norway

Stiesdal Offshore Technologies' maiden TetraSpar floating wind unit in North Sea starts flowing power to grid

2 December 2021 4:24 GMT Updated 2 December 2021 4:24 GMT

By Josh Lewis
and Darius Snieckus
in Perth and London

A “pioneering221; floating wind demonstration project designed by Stiesdal Offshore Technologies and backed by the likes of Shell, Tepco and RWE

[waldron] 02/12/2021 05:59

EMEA Morning Briefing: Stocks to Open Lower as Omicron Fuels More Volatility

02 December 2021 - 06:42AM

Dow Jones News


MARKET WRAPS

Watch For:

EuroCOIN indicator of euro area economic activity; EU Unemployment; EU PPI; ECB General Council meeting; Bank of England Decision Maker Panel data; OECD CPI.

Opening Call:

European stocks could open lower as investors brace for more volatility. Stock markets in Asia are mixed, U.S. stock future are pointing to a higher open for major indices. Dollar is steady. Oil edges higher, while gold prices softened.

Equities:

European stocks are set to open lower Thursday after a turbulent day on Wall Street as traders tried to forecast the impact of the coronavirus's omicron variant.

All three major U.S. indexes finished lower in a stark turnaround from earlier in the day. Markets were sliding when the White House announced the discovery of the first omicron case in the United States. It is unclear whether omicron is more dangerous, but governments have responded by tightening travel controls, fueling unease about the outlook for a global economic recovery.

"Volatility in the short run should be expected. Ultimately, we're dealing with a little more uncertainty than we have been," said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance. "There's enough cause for concern that people are shooting first and asking questions later."

The latest data "painted an optimistic picture for economic conditions, but that seems to be taking a backseat as the Omicron variant can potentially shift the landscape," said Yeap Jun Rong of IG in a report.

[charggg] 01/12/2021 21:35

Rns out. Buybacks resumed - "As previously announced, the cash proceeds from this transaction will be used to fund $7 billion in additional shareholder distributions with the remainder used for further strengthening of the balance sheet. The first tranche of additional shareholder distributions will be in the form of share buybacks of up to $1.5 billion and will commence on December 2, 2021. The form and timing for distributing the remaining $5.5 billion will be announced in early 2022. These distributions are in addition to our shareholder distributions in the range of 20-30% of cash flow from operations."

[fhmktg] 01/12/2021 16:22

I expect a quiet word from the Energy Minister to his mandarin, to get those two gas plants welcomed and open ASAP.

[waldron] 01/12/2021 15:26

U.K. energy regulator Ofgem said Wednesday that it intends to proceed with its planned temporary changes to the Supplier of Last Resort system.

In October, Ofgem proposed to sped up the process for these suppliers to claim any additional costs that they may incur as a result of taking new customers over.

Specifically, the regulator proposed to consider more than a single claim per supplier of last resort, and to start payments from April 2022 providing claims are made, decided upon and received prior to the end of 2021.

"Having considered all the responses and in light of the broad level of support we received, and our continued view that we need to make the temporary changes we set out in our letter to maintain the SoLR process and protect consumers through the current extreme market conditions, we intend to proceed with our proposal," Ofgem said Wednesday in a letter to stakeholders.

The scale of costs that firms face in supplying new customers under current market conditions is such that speeding up payments will help support the Supplier of Last Resort process and secure energy supply for customers of failed companies, Ofgem had said in October.

Since August, 25 U.K. energy retailers have gone out of business as a result of soaring wholesale prices. Their customers have been transferred by Ofgem to suppliers of last resort such as Scottish Power, British Gas, Shell Energy, E.ON Next, EDF and Octopus Energy.



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



(END) Dow Jones Newswires

December 01, 2021 08:55 ET (13:55 GMT)

[waldron] 01/12/2021 08:27

(MT Newswires) -- Royal Dutch Shell (RDSA.L, RDSA.AS) will not change its energy transition strategy amid a potential of high future oil prices, Bloomberg News reported Tuesday.

Chief Executive Ben van Beurden said the company will stick to its strategy to shift away from fossil fuels despite historically low levels of investments in the industry and higher demand for oil and gas.

[waldron] 01/12/2021 06:58

European markets set to rebound after tumultuous session due to omicron Covid variant

Published Wed, Dec 1 202112:23 AM EST

Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to open higher on Wednesday after struggling to regain ground amid fears around the new omicron Covid variant.

The U.K.’s FTSE index is seen opening 30 points higher at 7,106, Germany’s DAX 58 points higher at 15,198, France’s CAC 40 up 39 points at 6,775 and Italy’s FTSE MIB 157 points higher at 25,943, according to data from IG.

[waldron] 30/11/2021 21:35

Shell Won't Abandon Green Transition in Face of High Oil Prices
by Bloomberg
|
Laura Hurst
|
Tuesday, November 30, 2021

Shell is adhering to its energy transition strategy.

The oil and gas market may be tightening amid historically low investment levels, but that won’t change Royal Dutch Shell Plc’s strategy to shift from fossil fuels.

Shell is one of many European majors that have pledged to shrink its traditional hydrocarbon business, while increasing investments in clean energy. While some critics have raised concerns that high oil prices might tempt these firms to stick to fossil fuels, Shell’s chief executive says its adhering to its energy transition strategy.

“You could be concerned that we have a very tight market coming up,” Ben van Beurden told shareholders on Tuesday. “We have decided not to ride that wave up.”

That tightness is caused by investment in the oil and gas industry plunging to historically low levels, which aligns with an International Energy Agency report that says no new fields can be tapped if the worlds is to limit the impact of climate change.

“The problem, however, is that demand for oil and gas is not declining with that IEA outlook. As a matter of fact, it is going up,” Van Beurden said.

Shell will “enjoy” the benefits of a rising market, so it can return more money to shareholders and fund its energy transition strategy, but that doesn’t mean it will increase spending on fossil fuels.

“We are not minded to invest in a big way in a rising market because we believe that by the time we get there and start harvesting it we will then of course be beyond that peak again,” Van Beurden said.
Rigzone Energy Network.

[waldron] 30/11/2021 18:08

Upcoming events on ROYAL DUTCH SHELL PLC



FEBRUARY/03/2022 FY 2021 Earnings Release (Projected)

MAY/05/2022 Q1 2022 Earnings Release (Projected)


DIVI DATES




Ex-dividend date for RDS A and RDS B November 10, 2022




WISHFUL THINKING PERHAPS FOR THE LONG LONG TERM TARGET

Should be fun to chalk it up BOX BY BOX

THE RDSB WISH LIST BOXES togetherwith Broker targets thrown in for good measure to make you laugh,chuckle,smile and or smirk


1375 to 1475p
1475 to 1575p
1575 to 1675p $$$$ WE ARE HERE TODAY
1675 to 1775p $$$$ BERENBERG Targets 1720p
1775 to 1875p $$$$ UBS Targets 1860p with Deutsche Bank targeting 1871p
1875 to 1975p $$$$ JEFFERIES Targets 1950p
1975 to 2075p
2075 to 2175p
2175 to 2275p $$$$RBC Targets 2200p
2275 to 2375p
2375 to 2475p
2475 to 2575p
2575 to 2675p $$$$ Goldman Sachs goes with 2500p
2675 to 2775p
2775 to 2875p
2875 to 2975p
2975 to 3075p $$$$ Barclays targets 3000p


TIMES ARE A CHANGIN AS ARE EXPECTATIONS

31st december 2018 ends with 2340p

DECEMBER 2019 ENDS at 2,239.5

December 2020 ends at 1259.40p

January 2021 ends at 1272.2p

February 2021 ends at 1387.60p

March 2021 ends at 1335p

June 2021 ends at 1399p

July 2021 ends at 1419.8p

August 2021 ends at 1431p

September 2021 ends at 1649.60p

October 2021 ends at 1685p

November 2021 ends at 1577.40p

[xxxxxy] 30/11/2021 14:39

Sorry. Did not see it.

[ariane] 30/11/2021 08:17

Royal Dutch Shell plc : The scenario of a decline should be the first
11/30/2021 | 07:59am GMT
Tommy Douziech

short sell
Live
Entry price : 18.406€ | Target : 16.7€ | Stop-loss : 19.5€ | Potential : 9.27%

The strong trading volumes in the stock over the past days have brought about the start of a correction in stocks of Royal Dutch Shell plc.

Investors should open a short trade and target the € 16.7.

Royal Dutch Shell plc : Royal Dutch Shell plc : The scenario of a decline should be the first

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

The company presents an interesting fundamental situation from a short-term investment perspective.

According to Refinitiv, the company's ESG score for its industry is good.


Strengths

Its low valuation, with P/E ratio at 8.85 and 6.19 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.

The company shows low valuation levels, with an enterprise value at 0.73 times its sales.

The company's share price in relation to its net book value makes it look relatively cheap.

Given the positive cash flows generated by its business, the company's valuation level is an asset.

This company will be of major interest to investors in search of a high dividend stock.

For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

Analysts covering this company mostly recommend stock overweighting or purchase.

The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Over the past four months, analysts' average price target has been revised upwards significantly.

Analyst opinion has improved significantly over the past four months.

Over the past twelve months, analysts' opinions have been strongly revised upwards.


Weaknesses

The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.

Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

[waldron] 30/11/2021 06:15

European stocks set to fall sharply at the open amid omicron variant vaccine fears

Published Tue, Nov 30 202112:22 AM EST

Updated 2 Min Ago

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open lower on Tuesday, with futures reversing themselves following initial optimism about the omicron Covid variant.

The U.K.’s FTSE index is seen opening 83 points lower at 7,148, Germany’s DAX 71 points higher at 15,348, France’s CAC 40 up 23 points at 6,799 and Italy’s FTSE MIB 87 points higher at 26,108, according to data from IG.



ALAS THE FICKLE MARKET TURNS ON A SIXPENCE

What ever that might be

[waldron] 30/11/2021 05:51

European stocks set for positive open, optimistic that omicron variant won’t derail recovery

Published Tue, Nov 30 202112:22 AM EST

Updated 9 Min Ago

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open higher on Tuesday amid cautious optimism that the omicron Covid variant might not derail the global economic recovery, as initially feared.

The U.K.’s FTSE index is seen opening 31 points higher at 7,148, Germany’s DAX 71 points higher at 15,348, France’s CAC 40 up 23 points at 6,799 and Italy’s FTSE MIB 87 points higher at 26,108, according to data from IG.

[sarkasm] 30/11/2021 04:45

oilprice.com

Germany Urges Congress Not To Sanction Nord Stream 2

By ZeroHedge - Nov 29, 2021, 2:00 PM CST

Germany is warning U.S. Congressional members that sanctions on the Nord Stream 2 pipeline could damage Washington’s credibility and transatlantic relations.

The White House has consistently argued that its anti-NS2 stance is based on the fear that Putin is using the pipeline as a punitive action and weapon.

The controversial pipeline is back in the spotlight as Europe is facing an unprecedented natural gas shortage.


Axios on Sunday has revealed that Germany has been quietly urging the United States not to sanction the Nord Stream 2 pipeline, even as geopolitical tensions between Europe and Russia have been on edge over the past month given recent allegations the Kremlin is building up troops near Ukraine for a possible near-future offensive. The report details documents obtained by Axios wherein Congressional members are warned that fresh Biden admin sanctions would "ultimately damage transatlantic unity" and leave Washington's credibility weakened.

What's being dubbed the "non-paper" sent on November 19 argues that in actuality the Russia-to-Germany major natural gas pipeline does not harm Ukraine and that proper steps have been taken to ensure it's not a real threat to Kiev, particularly invoking the Joint Statement of the United States and Germany on Support for Ukraine and European Energy Security between Joe Biden and Angela Merkel. The statement puts in place guardrails to ensure Russia doesn't use "energy as a weapon" and vows action if it does so.

The newly revealed document addressed to US lawmakers was marked "classified" and says, "US Sanctions targeting Nord Stream 2 would undermine the commitment given to Germany in the Joint Statement, weaken the credibility of the US government, and endanger the achievements of the Joint Statement, including the provisions supporting Ukraine."


It spells out that US fears have been properly addressed, saying further according to Axios that guardrails include...

..."strong public messages" condemning Russia's behavior; "assessing" the suspension of future political meetings; and reviewing "possible" restrictions on future Russian fossil fuel projects — not including Nord Stream 2.

But it fundamentally argues that "the granting of the certification [to Nord Stream 2] will not put at risk the security of gas supply in Germany and the EU", while referencing the Federal Ministry for Economic Affairs and Energy (BMWi) and independent regulator's assessment.

For years going back into the Trump administration, the White House has consistently argued that its anti-NS2 stance is based on the fear that Putin is using the pipeline as a punitive action and weapon especially against Ukraine, cutting it out of crucial transit fees, and eventually seeking to bypass the Eastern European country altogether as a key energy transit hub. Thus it's little wonder why the "non-paper" remained out of public eye and "classified" until now. The main US argument for blocking the line has rested on assuming that Putin wants to hold Europe's energy independence hostage.

The document underscores that "Russia is currently fulfilling all delivery obligations, including the gas transit agreement with Ukraine, but it could do more: Recent announcements by Putin to increase deliveries to European gas storages are a step in the right direction."

Previously other efforts were revealed...

The German government offered the Trump administration up to €1 billion ($1.21 billion) in a bid to prevent Washington from imposing sanctions on the Nord Stream 2 pipeline, according to documents published by the non-profit Environmental Action Germany.[...]


The "classified" document addresses this head-on, spelling out that "no threat to Ukraine as long as reasonable gas transit is ensured," will be presented. It additionally argues that any new US sanctions on Nord Stream 2 would in the end be "a victory for Putin" because it would inevitably divide Western allies (also given even top German politicians are divided on the issue).

A week-and-a-half ago gas prices in Europe soared upon news that German regulators' certification for NS2 - which is the final big hurdle before it can come online and begin natural gas delivery to Europe - has been suspended. But the suspension could be short-lived given the fast-approaching winter and frigid temperatures, meaning EU countries are hungry to quickly tap more gas.

By Zerohedge.com