Shell Share Discussion Threads

[holts] 18/3/2020 13:34

Meanwhile heating oil suppliers are barely reflecting the most recent declines .

[hernando2] 18/3/2020 13:29

I am buying between 200 and 300 shares a day...got my tranche today at 932 and change...probably start with an 8 tomorrow unless something happens.

[trader365] 18/3/2020 13:29

Bank of America saying crude going sub $20

[pratt2] 18/3/2020 13:29

How on earth is Shell going to sustain 15% yield here when oil prices are 24$.With continued demand weakness for a while, I cannot see the price improve in the short term.Unless Saudi and Russia get their act together and agree on something a bit more sensible... I ve taken a position, although I suspect it was too soon in hindsight

[lammergeier] 18/3/2020 13:28

Important news from the FDA AT 11.30 ET ABOUT THE VIRUS FROM TRUMP

[32campomar] 18/3/2020 13:26

Crikey oil collapsing WTI now under $24

[mister md] 18/3/2020 13:07

LAMMERGEIER - announced where ?

[eodfire] 18/3/2020 12:44

Safe and no.

[eodfire] 18/3/2020 12:43

An understatement.

[lammergeier] 18/3/2020 12:40

Just announced that Donald Trump is going to make an IMPORTANT ANNOUNCEMENT this

afternoon from a DRUG COMPANY.

Lets hope its GOOD NEWS but we will have to wait and see

[fjgooner] 18/3/2020 12:32

Over 16.8% yield at current GBP/US$ of 1.1838.

Madly oversold.

[essentialinvestor] 18/3/2020 12:14

If you told me a year ago that Shell would be under £9.50 a share,
I might of suggested you get some help.

[spud] 18/3/2020 12:11

Taken another tranche:
Limit Price £9.50
Price £9.49896

spud

[fjgooner] 18/3/2020 11:18

Maybe the Saudis will be pressured to re-think their position when they convene this extraordinary virtual G20 Leaders’ Summit next week.

Surely co-operation needs to feed from their proposition below:

"The Saudi Presidency will continue to support and coordinate international efforts to counter the impact of the pandemic, both in human and economic terms."

I have a feeling that an announcement made be forthcoming next week that the production boosts set to start in April may be cancelled before they even begin.

Let's hope so.

----



Wed 18-03-2020 13:03 PM

Saudi Arabia calls for extraordinary 'virtual' G20 Leaders’ Summit on Coronavirus

RIYADH, 18th March, 2020 (WAM) -- The Kingdom of Saudi Arabia has called to convene an extraordinary virtual G20 Leaders’ Summit next week to advance a coordinated response to the COVID-19 pandemic and its human and economic implications.

This event marks the first time that Saudi Arabia will hold the Presidency of the G20.

In a statement issued on Tuesday by the Kingdom, the G20 will act, alongside international organisations, in any way deemed necessary to alleviate the impact of the pandemic. G20 Leaders will put forward a coordinated set of policies to protect people and safeguard the global economy.

The Summit will build on the ongoing efforts of the G20 finance ministers and central bank governors, senior health, trade, and foreign affairs officials, to further develop the precise requirements and actions needed.

The Saudi Presidency will continue to support and coordinate international efforts to counter the impact of the pandemic, both in human and economic terms.

[fjgooner] 18/3/2020 11:13

The dividend, as discussed here so many times, is as safe as any dividend could possibly be. For at least the next 3 or 4 quarters as in previous severe downturns in global energy markets.

And it is absolutely sacrosanct to Shell having never been cut since World War 2.

The advantage that energy super-majors have over most other types of company during downturns, is that they are completely used to and structured around such cycles.

If the issues persist beyond 5/6 quarters, then of course that becomes a much more serious issue.

[trader365] 18/3/2020 11:10

Inverting is about the future not the past, the important question is where will oil prices be in six months? Where they were in the past is irrelevant.

[zho] 18/3/2020 11:08

Interesting chat about Exxon on (from 7:30) with implications for RDSB.

Accompanying chart at (slide 6)

"The energy sector looks more and more horrible"

[w1ndjammer] 18/3/2020 11:08

imperial

Just 30 days back oil was at $60 barrel

hardly a reason to cut the divi

WJ.

[dbensimon] 18/3/2020 11:03

Impossible to predict the bottom. Put 1987 to shame!!!

[imperial3] 18/3/2020 11:00

How safe is the dividend now? Under threat?

[the grumpy old men] 18/3/2020 10:51

Stock futures drop, hit ‘limit down’ halt, amid unprecedented volatility from coronavirus crisis
Published Tue, Mar 17 20206:03 PM EDTUpdated Moments Ago
Yun Li
@YunLi626
watch now
VIDEO00:52
Stocks set to fall sharply at open following Tuesday’s bounce

Stock futures pointed to big losses on Wednesday as the markets remained highly volatile with the government response to the coronavirus fallout still unfolding.

A violent reversal in Treasury yields in response to a potential $1 trillion stimulus package helped to unnerve investors.

Around 6:42 a.m. ET, futures on the Dow Jones Industrial Average indicated a more than 1,000-point loss at Wednesday’s open. S&P 500 and Nasdaq-100 futures were also down. Futures contracts for the indices were in “limit down” territory, a situation where trading is halted after futures have hit a 5% loss and can go no lower. The S&P 500 gained 6% on Tuesday.