Shell Share Discussion Threads

[montyhedge] 20/2/2020 11:20

I agree with Cramer.https://www.google.co.uk/amp/s/www.cnbc.com/amp/2020/02/03/jim-cramer-the-profit-in-oil-and-gas-stocks-is-drying-up.html

[fjgooner] 20/2/2020 10:35

"Margins"? Is that what the filtered muppethedge was yapping about? ROFLMAO. What a tw@t.

[sogoesit] 20/2/2020 10:32

"Margins" in oil&gas?
Noone uses margins as a performance measure in oil and gas! Give me a break.

[fjgooner] 20/2/2020 10:31

I've just read Shell's LNG Outlook 2020 document. It's excellent reading - please see link below.

It's great to note that Shell is in pole position in a massively growing energy sector.

The current wave of global LNG supply growth is ending in 2020 with key supply gaps set to emerge thereafter and up to the mid-2020s.

Further out, global LNG demand estimated to double by 2040.

We're amazingly lucky to be able to pick up RDSB shares sub-£20 for these few days. I've no doubt that we'll look back in the weeks ahead and thank the global issues that have temporarily skewed markets into providing such an opportunity.

Please read at:

[montyhedge] 20/2/2020 10:13

Problem is Shell in a fading industry, great going into batteries etc. But margins will be no where near oil was.

[maywillow] 20/2/2020 08:42

Natural Gas | Oil 19 Feb 2020 | 20:31 UTC Rio de Janeiro

Shell, Total apply to drill in 16th bid round blocks offshore Brazil: IBAMA

Author Staff Jeff Fick Editor Jennifer Pedrick Commodity Natural Gas, Oil

Highlights

Shell wants licenses for nine wells in Campos Basin

Total seeks to drill up to five wells in region

Blocks were purchased at 16th bid round last year

Rio de Janeiro — Royal Dutch Shell and Total both applied for environmental permits to drill in offshore blocks acquired during Brazil's 16th bid round held last year, according to documents published Wednesday by federal environmental regulator IBAMA.
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Shell applied to tap up to six wells in the Campos Basin C-M-659 block that could also include up to four well-formation tests, according to IBAMA. In addition, Shell wants to drill up to three wells in the C-M-713 block that could also include up to two well-formation tests. Shell expects to start the campaign in 2022-2024, IBAMA said.

Total, meanwhile, applied to drill up to five wells in the Campos Basin C-M-541 block, including two exploration wells and three evaluation wells, IBAMA said. The campaign could also include up to four well-formation tests, IBAMA said.

The two companies signed the concession contracts for the blocks on Friday, making the turnaround time less than a week.

The quick turnaround underscored the aggressive path international oil companies have taken since Brazil started holding regular sales of acreage under concession and production-sharing contracts in 2017, including making terms more competitive with rival sales in Mexico and the US Gulf of Mexico. Many winning bid groups from the recent licensing rounds have submitted requests for drilling permits and other administrative tasks nearly immediately after signing contracts, demonstrating the desire to move quickly to explore regions where a single well can pump as much as 50,000 b/d of oil equivalent. Among the changes made, Brazil allowed international oil companies to operate subsalt fields sold under production-sharing contracts and reduced requirements to use locally produced goods and services in exploration and development.

The changes made Brazil one of the world's hottest frontiers, with oil companies agreeing to record-setting signing bonuses and profit-oil guarantees to expand exploration portfolios over the past three years. That streak ended in November, when companies balked at paying sky-high signing bonuses for subsalt production-sharing areas and complicated negotiations to reimburse Petrobras for investments made at oil fields in the transfer-of-rights areas.

Brazil may eventually end the subsalt polygon that requires production-sharing agreements as well as Petrobras' preferential right to hold at least a 30% operating stake in the fields, with several bills working through Congress at the moment.

Shell, which is Brazil's second-largest oil and natural gas producer after state-led oil company Petrobras, holds a 40% operating stake in the C-M-659 block. Chevron retains a 35% minority share, with Qatar Petroleum owning 25%. The companies paid Real 714 million ($163 million) for the development rights, including a commitment to drill at least one well.

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The three companies also paid Real 551 million for rights to the C-M-713 block, with the same ownership breakdown as the C-M-659 block. No drilling commitment was included in the winning bid submitted by the three companies.

The C-M-713 block contained the second-largest prospect available in the 16th bid round, dubbed Tamboril, according to the National Petroleum Agency, or ANP. Tamboril was estimated to hold about 4.34 billion barrels of unrisked oil in place, according to the ANP.

Total, meanwhile, captured the 16th bid round's biggest prize in the Campos Basin's C-M-541 block in a stunning upset of Petrobras, which had previously dominated auctions and typically secured the acreage for which it placed a bid. The winning consortium paid Real 4.03 billion for rights to the block and pledged to drill two wells, topping the commitment for a single well from the Petrobras-led group.

Total will hold a 40% operating stake, while Qatar Petroleum will own a 40% minority share and Petronas 20%. The C-M-541 block contains the Nemo prospect, which was considered the largest in the sale at an estimated 6.87 billion barrels of unrisked crude, according to the ANP.

[montyhedge] 20/2/2020 08:25

Very weak, that's even with their brokers in there buying up stock for this ridiculous buyback scheme.

[waldron] 20/2/2020 07:16

Europe Markets
European stocks headed for lower open despite coronavirus slowdown in China
Published Thu, Feb 20 202012:54 AM EST
Holly Ellyatt
@HollyEllyatt



Key Points

European markets are expected to open lower on Thursday despite a slowdown in the spread of the coronavirus in China, that’s helped other markets to advance.

London’s FTSE index is seen opening 27 points lower at 7,428, the German DAX down 53 points at 13,730 and the French CAC down 20 points at 6,085, according to IG.

[waldron] 19/2/2020 18:25

Calendar
02/20 Investor Meeting - LNG Outlook

[waldron] 19/2/2020 18:08

Strengths

The share is getting closer to its long-term support in weekly data, at 0, which offers good timing for buyers.
The close medium term support offers good timing for purchasing the stock.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
With a P/E ratio at 9.97 for the current year and 8.59 for next year, earnings multiples are highly attractive compared with competitors.
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.


Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.

The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.

The underlying tendency is negative on the weekly chart below the resistance at 0

[waldron] 19/2/2020 18:05

Moving Averages analysis

Price and moving averages has closed below its Short term moving average.

Short term moving average is currently below mid-term; AND below long term moving averages.

From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.


STOXLINE

[waldron] 19/2/2020 18:02

Signal Update

Our system’s recommendation today is to STAY SHORT.

The previous SHORT signal was issued on 14/02/2020, 4 days ago, when the stock price was 1,948.74. Since then RDSB.L has fallen by -1.39%.

Market Outlook

The bears have recovered and our bearish bet continues.

Besides, the signal is suggesting to STAY SHORT.

It is best to follow the signal and continue to STAY SHORT.

BRITISHBULLS

[montyhedge] 19/2/2020 17:55

With buybacks oil price up, but Shell only up 0.6% very weak. Indicates going lower.

[waldron] 19/2/2020 17:25

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 15:37

Thoughts for the Day

“Some people feel the rain, others just get wet.” ~ Bob Marley

[pvb] 19/2/2020 11:58

xxxxxy 19 Feb '20 - 11:43 - 9816 of 9817

David Joyce

Posted February 19, 2020 at 8:08 am | Permalink

There are widely differing opinions on so called man made climate change but we have only one side of the argument shoved down our throats by nearly all the media.

Yeah. Unfortunately, that's the "side" that is attending to, rather than trying to deny, the known facts.