Shell Share Discussion Threads

[spud] 28/1/2022 18:04

One of the world's top liquefied natural gas exporters, Australia, says it is ready to ship LNG cargoes to Europe to "support its friends and allies," as the U.S. is looking to raise alternative gas supply in case a Russian invasion of Ukraine disrupts Russia's gas supply to Europe.spud

[geckotheglorious] 28/1/2022 17:23

Natural gas prices up double digits - for real this time

While energy investor focus has been on European gas and global oil markets, gas at the Algonquin hub serving New England has hovered around $23 for the past few weeks.
While most US producers are cut-off from selling into the Northeast given the absence of pipeline access, international LNG producers like Shell (NYSE:RDS.A), Chevron (NYSE:CVX) and BP (NYSE:BP) stand to benefit from high prices in the region.

[geckotheglorious] 28/1/2022 14:52

Spud

:)

[spud] 28/1/2022 14:37

Oh err - ESG polices outa the window? Greta must be spitting feathers!

spud

[geckotheglorious] 28/1/2022 14:34

Goldman's strategy team upgrades energy to overweight - better late than never

Following several quarters of Goldman's commodity team pushing street high oil price forecasts (NYSEARCA:USO), and Goldman's equity team pitching high-beta oil calls like Cenovus (NYSE:CVE) and Kosmos (NYSE:KOS), the strategy team is finally getting on board and upgrading the energy sector to overweight.

This is important; Jeff Curry (commodities) and Neil Mehta (energy equities) market to a relatively finite pool of capital managed by specialist natural resource and energy portfolio managers.

The cross-sector strategy team at Goldman markets ideas to large pools of "generalist" portfolio managers, and has the ability to pull new pools of capital into the sector.

[the white house] 28/1/2022 14:04

Brent at 91 & Gas now booming up 12pc, chevron slight disappoint, will get swamped next Thursday

[geckotheglorious] 28/1/2022 12:17

Spud,

Indeed.
I'm very very tempted.

But POO has higher to go in my view(only thing keeping me here tbh)

[spud] 28/1/2022 11:38

Geck - Shell is a perennial disappointer and guidance misser. We might get lucky this time around but I ain't holding my breath.

spud

[geckotheglorious] 28/1/2022 11:03

Am wondering whether to take my profits and sell before earnings tbh.
Earnings have a nasty habit of disappointing stock price side, and a decent profit is worth banking in the current environment.

[the white house] 28/1/2022 09:29

Buybacks 30m light yesterday, miscalculation by brokers who had budget until today?

[loganair] 28/1/2022 08:56

In the UK, since only 2018 the amount of plastic packaging has doubled - and the UK is supposed to be going environmentally Green???

[spud] 28/1/2022 08:41

Shell starts hydrogen production in China joint ventureSource: Alliance NewsShell PLC said on Friday it has started operations of its first 20 megawatts power-to-hydrogen hydrogen electrolyser in China. spud

[quepassa] 28/1/2022 08:03

oil.

$90.21


a hundred bucks on the horizon

[the white house] 27/1/2022 14:24

Oh, that White House...

[grupo guitarlumber] 27/1/2022 14:21

Shell investors braced for next week’s trading update

Published 27 January 2022

Emma-Lou Montgomery

Fidelity International


WHEN Shell (RDSB) gives its fourth quarter update on Thursday, I will be hoping for more news on the share buyback programme that, the oil major promised, would continue “at pace” in 2022. Despite mixed results in the third quarter, Shell said the sale proceeds from the disposal of its Permian Basin business would be used to reward shareholders.

The company announced the return of $1.5 billion from the sale to investors in December, with the remaining $5.5 billion to “be distributed in the form of share buybacks at pace”.

It’s all part of the oil major’s charm offensive to prove that it can generate value for shareholders from the transition to cleaner energy. And comes amid a period of ongoing change at the Anglo-Dutch group.

There is the move from the Netherlands to the UK, which is to be the base for its new headquarters as well as the introduction of a new, simplified share structure. And all against a tense trading backdrop, which saw it forced to buy from the spot market as gas prices reached record highs.

Shell, the world’s largest trader of liquefied natural gas, said trading results from its integrated gas business were expected to be “significantly higher compared to the third quarter 2021”. And that is despite the fact that it is still awaiting the reopening of its giant liquefied natural gas vessel, Prelude, floating off the coast of Western Australia, which was hit by a power outage in early December, which is expected to remain shut until at least late February.

However, Shell has already warned that cash flow from operations in the gas division are likely to be hit by the high margin payments it had to make due to price volatility. Refining margins have also been hit by prolonged maintenance work at its Scotford refinery in Canada and the ongoing impact felt after last summer’s Hurricane Ida in the Gulf of Mexico.

As a result, oil trading and refining earnings are expected to be “significantly lower” than in the third quarter, Shell has said.

Plain-sailing it has not been for Shell, of late. And all the while it remains under very close scrutiny over its green credentials, with that 2030 deadline to reduce its carbon emissions by 45%, mandated by the Dutch courts, creeping ever closer.

Shell’s Q4 2021 results are due out on Thursday 3 February.

[xxxxxy] 26/1/2022 20:03

Trump was the Guardian of Peace.Biden is Loser of Peace.Trump should get Nobel Prize for Peace.

[geckotheglorious] 26/1/2022 17:28

War coming on two fronts...
All because the US election was stolen and we have a demented senile old fool in the White House..

[xxxxxy] 26/1/2022 16:01

blind eye to Chinese economic imperialism as war threatensSign up here for our daily business briefing newsletterOil prices have surged past $90 a barrel for the first time since 2014 as growing tensions between Russia and Ukraine add further fuel to a recent price spike.Benchmark Brent crude topped the latest milestone, while West Texas Intermediate gained 1.6pc to almost $87.The stand-off between Russia and NATO over a potential conflict in Ukraine has been the major driving force behind price rises in recent days, but a drop in US inventories compounded supply worries.The crisis threatens to add even more inflationary pressures at a time when price growth is already at its highest level in decades.... Daily Telegraph

[tornado12] 26/1/2022 15:26

Finally breaking 19 gbp after all the pain from Covid. Good to see that SHELL share price is really recovering rather than simply left behind

[skinny] 26/1/2022 15:23

A new 7+ year high on Brent.

[the white house] 26/1/2022 11:57

Er, the 5 month maintenance includes March, April,May & June...winter, you say

[chiefbrody] 26/1/2022 11:49

Results a week tomorrow.After last quarters calamity, perhaps a healthy div increase this time....