Shell Share Discussion Threads

[gibbs1] 05/9/2020 10:22

Hungary signs gas supply deal with Shell in first with western energy firm
Sep. 4, 2020 2:51 PM ET|About: Royal Dutch Shell plc (RDS.A)|By: Carl Surran, SA News Editor

Royal Dutch Shell (RDS.A +0.3%) has agreed to a long-term liquefied natural gas supply agreement with Hungary for 250M cm/year through Croatia's planned LNG import terminal, says Hungary's foreign affairs minister Szijjarto, who adds that the deal is the first long-term agreement with a western energy company in the country's history.

Hungary has relied mostly on Russian gas and has never had a long-term supply agreement with any supplier other than Russia's Gazprom.

But the government also has been in talks with Gazprom in a bid to reorganize its long-term contractual arrangements for Russian gas imports after two of four agreements expired last year.

Shell shares recently were downgraded to a Sell equivalent rating at Barclays, which said the company could deliver significant free cash flow in the long term but the shares are expensive in the near term.

[waldron] 04/9/2020 17:54

Brent Crude Oil NYMEX 42.74 -2.93%
Gasoline NYMEX 1.17 -3.20%
Natural Gas NYMEX 2.93 +0.14%
WTI 39.98USD -2.42%



FTSE 100
5,799.08 -0.88%
Dow Jones
27,850.02 -1.56%
CAC 40
4,965.07 -0.89%
SBF 120
3,926.6 -0.86%
Euro STOXX 50
3,260.59 -1.05%
DAX
12,842.66 -1.65%
Ftse Mib
19,324.71 -1.16%


Eni
7.645 -0.66%


Total
32.965 -0.74%


Engie
11.64 -1.90%

Orange
9.218 -1.12%



Bp
257.5 -0.87%

Vodafone
105.26 -2.27%

Royal Dutch Shell A
1,078.2 -0.26%


Royal Dutch Shell B
1,035.6 -0.40%


Tullow Oil (TLW)
20.44 0.14 (0.69%)

[ariane] 02/9/2020 12:59

Total SE Looking Ahead
Sep. 2, 2020 7:11 AM ET|

Summary

Total S.A. revenues came in at $25.73 billion (including the excise taxes) or $21.56 billion net, down 49.8% from $51.24 billion generated in the year-ago quarter.

Total hydrocarbon production during the second quarter of 2020 averaged 2,846K Boep/d, down from 2,957K Boep/d the same quarter last year.

The company set the second quarterly dividend to €0.66 per share.

TOT is one of my main long-term oil investments.




2020 Guidance

TOTAL indicates 2020 production in the range of 290K-295K Boep/d, taking into consideration OPEC+ quotas and the present situation in Libya. Due to the unprecedented drop in oil prices and global demand for commodities, the company elected to preserve liquidity by cutting down planned CapEx by at least 25% for 2020.

TOTAL plans to invest $14 billion in CapEx 2020. Management wants to lower operating costs by $1 billion compared to 2019 levels by accomplishing cost-saving measures.
Conclusion and Technical Analysis

Just one word regarding TOTAL SE's focus on renewable energy. It is a growing energy source. According to Fitch, "renewables was the only energy source that grew in Europe during the pandemic, despite an overall reduction in energy consumption."

TOTAL estimates that renewable energies will represent more than 30% in the global energy mix by 2040. TOTAL is expecting to produce 25GW as a target for installed power generation capacity from renewable sources in 2025.

CEO Pouyanne said in the conference call:

Globally, we will invest close to $2 billion this year or about 15%, one five, of our CapEx in low-carbon electricity to build the future. And our low-carbon electricity growth capacity has increased this quarter from three gigawatts to about five gigawatts, thanks to our new Indian solar JV. We produced 2,900 gigawatt hour during the quarter, and we sold more than 25 terawatts hour, the ambition being to be balanced between our own production and our sales.

One recent project is the TOTAL/Macquarie to partner on giant South Korean floating wind projects announced on Sep 1.

However, Total is not investing in renewable only and continues to invest in oil and natural gas as well. One successful example is the recent discovery in Block 58 off the coast of Suriname.

Total and Apache Corporation have made a significant third discovery with the Kwaskwasi-1 well [...] The well was drilled by a water depth of about 1.000 meters and encountered a total of 278 meters net pay of hydrocarbons, which comprises 149 meters net in good quality Campano-Maastrichtian

Technical Analysis

TOT is forming a descending triangle pattern with support around $37.25 and resistance at $40.

The short-term strategy is to take some profit off the table between $40 and $41.40 (200 MA). I would consider accumulating again between $38 and $37.

It is just a blueprint and will have to be adjusted weekly. Oil and gas prices are very volatile and could drop or rally on short notice.

Author's note: If you find value in this article and would like to encourage such continued efforts, please click the "Like" button below as a vote of support. Thanks!

[the grumpy old men] 02/9/2020 12:20

Royal Dutch Shell vs BP: which oil stock would I buy now?

Stuart Blair | Wednesday, 2nd September, 2020 |

Oil stocks have significantly underperformed the market this year. Royal Dutch Shell (LSE: RDSB) has fallen around 54%, while its counterpart BP (LSE: BP) has seen a drop of around 47%. Nonetheless, with Brent Crude now priced above $45, investing in oil stocks looks a far more attractive proposition than it did a couple of months ago. As a result, are BP and Royal Dutch Shell buys at their current prices, and which one is the best pick?

Royal Dutch Shell

Second-quarter earnings for the oil major were understandably very poor. In fact, after an impairment charge of $16.8bn, net income came to a loss of $18.1bn. On the face of it, these earnings paint a very gloomy picture. As such, it’s clear why the Shell share price has fallen nearly 20% since.





Nevertheless, upon further inspection of the earnings, there are a number of positives to take away. For example, on an adjusted earnings basis, the oil stock actually made $638m. While adjusted earnings exclude one-off items and can potentially just ignore all the ‘bad stuff’, it’s still a great sign to see the company making a good profit in this challenging quarter. It also had positive cash flow of $243m. Although this does not cover the dividend as yet, I’m still encouraged that it’s in positive territory. This was mainly the result of the company reducing capital expenditures.

Consequently, with average oil prices under $30 for the second quarter, I feel the worst may be over for Shell. With third-quarter results due at the end of October, a significant improvement could therefore be met with a sharp increase in the share price.
BP

After both cutting its dividend and announcing further investment into renewable energy, BP shares have fallen 13%. Of course, this does reflect the fact that the oil stock made an underlying loss of $6.7bn.

Even so, the news has not been all negative for BP. For example, the firm has managed to strengthen its finances by issuing $11.9bn in hybrid bonds. Net debt has also been reduced by over $10bn since the first quarter, and this has subsequently seen gearing reduce by 3% to 33%. This contrasts with Shell, where net debt increased by $3bn following the first quarter.

Despite the dividend cut, BP also has a greater dividend yield than Shell. In fact, the dividend is currently yielding around 6%, and there is no indication of a further cut. Instead, management has stated that once BP’s balance sheet has been deleveraged, it can start to return more money to shareholders through share buybacks.

Which oil stock would I buy?

Sitting at prices of 1,085p and 260p respectively, both of these oil stocks look very good value. As a result, I’ve actually invested in both Shell and BP, in anticipation of an oil recovery. If I were forced to choose just one however, I believe that BP offers the most upside potential. Although its transition to greener energy could hit profits in the short term, I think its long-term strategy should help its recovery prospects.




Stuart Blair owns shares in Royal Dutch Shell and BP. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer

[grupo guitarlumber] 31/8/2020 11:17

Pounds sterling and euro equivalents announcement date September 8, 2020

Payment date September 21, 2020

[grupo] 29/8/2020 08:39

Royal Dutch Shell plc Royal Dutch Shell Advance Notice Of Q3 2020 Results Announcement
27/08/2020 12:42pm
UK Regulatory (RNS & others)


TIDMRDSA TIDMRDSB

ROYAL DUTCH SHELL PLC

Notice of Results

The Hague, August 27(th) 2020 - On Thursday October 29(th) 2020 at
07:00 BST (08:00 CET and 03:00 EDT) Royal Dutch Shell plc will release
its third quarter results and third quarter interim dividend
announcement for 2020.

These announcements will be available on



For enquiries please contact:

Shell Media Relations: [phone]


Shell Investor Relations:

[e-mail]







(END) Dow Jones Newswires

August 27, 2020 07:42 ET (11:42 GMT)

[grupo] 29/8/2020 08:35

Might continue to stay in a tight range for sometime with the liklihood of it falling
again

all i can say, it might well be a great buying opportunity

[sarkasm] 29/8/2020 07:01

A Major Hurricane Capped Oil Output and Prices Barely Budged

Mike Jeffers, Bloomberg News








Debris from a storm surge surrounds a Folly Beach Fire Department truck after Hurricane Laura made landfall in Folly Beach, Louisiana, U.S., on Friday, Aug. 28, 2020. Hurricane Laura, one of the most powerful storms ever to hit Louisiana, left a path of chemical fires, wrecked buildings, flooded roads and what could be more than $15 billion in insured losses, with reports of at least six people dead. Photographer: Luke Sharrett/Bloomberg

Debris from a storm surge surrounds a Folly Beach Fire Department truck after Hurricane Laura made landfall in Folly Beach, Louisiana, U.S., on Friday, Aug. 28, 2020. Hurricane Laura, one of the most powerful storms ever to hit Louisiana, left a path of chemical fires, wrecked buildings, flooded roads and what could be more than $15 billion in insured losses, with reports of at least six people dead. Photographer: Luke Sharrett/Bloomberg , Bloomberg

(Bloomberg) -- Looking at the oil market over the past week, it would be hard to tell that the strongest hurricane in more than a century tore through the Gulf of Mexico before striking southwest Louisiana.

Oil drillers shut in 84% of offshore crude output ahead of Hurricane Laura and refiners in the region halted a third of gasoline and diesel production. West Texas Intermediate crude futures started the week at $42.48 a barrel and are trading around $43 on Friday.

Storms of this magnitude typically spur a run on gasoline, leading to a spike in retail prices. But Laura coincided with a demand-killing pandemic that has swollen gasoline and crude stockpiles to their highest for this time of year in data going back three decades. Pump prices in Louisiana, which bore the brunt of the storm, rose just 4 cents to $1.89 per gallon, according to AAA.

Prices “will continue to be driven by inventories,” said Bart Melek, head commodity strategist at TD Securities, “and the idea that OPEC+ has spare capacity, which it can deploy to match the post-covid demand growth.”

To be sure, futures prices briefly rallied in advance of the storm as the market braced for impact. WTI briefly touched a 5-month high on Wednesday, but stuck to a narrow trading range this week of $1.55 a barrel. Gasoline jumped 6.5% on Monday only to give back all of those gains plus some by Thursday’s close.

In preparation for potential supply bottlenecks, the number of ships on standby to carry gasoline from Europe to the U.S. doubled from the week before. By Friday morning, at least five of those fixtures were canceled, according to data compiled by Bloomberg. Meanwhile the spread between the September and October contracts for gasoline retreated to a weaker level than it was at before the storm hit.

The energy complex narrowly dodged a potentially catastrophic hit that would have snarled the delivery of stored fuel, leaving stockpiles stranded. The storm sliced through a narrow corridor between Houston and New Orleans and moved rapidly inland. Three years ago, Hurricane Harvey sat on top of Houston, where much more fuel is produced, for a week, flooding several plants.

“Laura flew by quickly,” said Jaime Brito, vice president at Stratas Advisors LLC in Houston. “Therefore the mid-term damage should be way less than typically expected from an event this size.”

[waldron] 29/8/2020 06:29

HURRICANE SEASON

[waldron] 29/8/2020 06:22

Shell to raise investment plan for Mexican ultra-deepwater field to $345M
Aug. 28, 2020 5:43 PM ET|About: Royal Dutch Shell plc (RDS.A)|By: Carl Surran, SA News Editor

Mexico's National Hydrocarbons Commission approves Royal Dutch Shell's (RDS.A, RDS.B) request to carry out all permitted activities in its exploration plan for the ultra-deepwater Xochicalco oilfield in the Gulf of Mexico.

Shell will drill a well at depths of five miles trying to reach a Wilcox formation, with prospective reserves of as much as 562M boe, boosting its investment in the play to $345.8M from $104M in the original exploration plan, which was first approved in June 2019.

Xochicalco is located in the Perdido fold belt, an area with very little prior exploration activity and far from any existing infrastructure, which makes it technically challenging.

Shell recently was downgraded to a Sell equivalent rating at Barclays, which said the shares are expensive relative to its near-term industrial performance.

[waldron] 29/8/2020 06:14

before i respond SLINKJ, WHICH COUNTRY DO YOU RESIDE
as i wonder why buy A OPPOSED to B and thereby in what currency denomination

Slinkyj
29 Aug '20 - 00:55 - 2549 of 2549

[slinkyj] 29/8/2020 00:55

Thoughts on RDSA? I've picked up a quantity at these levels, surely it's only a matter of time before the tide turns back north. It's been bearish for to long now, due mainly to the drawn out Covid situation in the US and others areas. I feel as soon as flights start to pick up and quarantines ease off this share will start to approach its short to medium term guidance of about 1500.

[waldron] 28/8/2020 19:06

Brent Crude Oil NYMEX 45.76 +0.26%
Gasoline NYMEX 1.24 +2.15%
Natural Gas NYMEX 2.67 -1.33%
WTI 43.008 USD +0.31%


FTSE 100
5,963.57 -0.61%
Dow Jones
28,590.06 +0.34%
CAC 40
5,002.94 -0.26%
SBF 120
3,958.23 -0.20%
Euro STOXX 50
3,315.54 -0.41%
DAX
13,033.2 -0.48%
Ftse Mib
19,862.38 +0.08%



Eni
8.02 -0.30%

Total
33.3 +0.06%



Engie
11.135 -0.31%

Orange
9.572 -0.89%



Bp
264.2 -1.14%

Vodafone
111.44 -1.97%

Royal Dutch Shell A
1,106.8 -0.38%



Royal Dutch Shell B
1,063 -0.67%


Tullow Oil (TLW)
: 20.52 -0.70 (-3.30%)

[waldron] 28/8/2020 16:16

DIVI DATES





Closing of currency election date August 28, 2020

Pounds sterling and euro equivalents announcement date September 8, 2020

Payment date September 21, 2020

[waldron] 28/8/2020 16:16

DIVI DATES





Closing of currency election date August 28, 2020

Pounds sterling and euro equivalents announcement date September 8, 2020

Payment date September 21, 2020

[sarkasm] 26/8/2020 07:44

8/26/2020 | 07:35am BST

Barclays downgrades rating of SHELL A from Neutral to Sell. The target price remains set at GBX 1500.

[maywillow] 25/8/2020 06:43

Oil Prices Rise Amid Fuel Shortage Concerns
by Bloomberg
|
Andres Guerra Luz
|
Monday, August 24, 2020

submit to reddit
email print

Oil Prices Rise Amid Fuel Shortage Concerns
Oil rallied and gasoline surged to a five-month high.

(Bloomberg) -- Oil rallied and gasoline surged to a five-month high as energy companies suspended offshore operations and refiners shuttered Gulf Coast plants with Tropical Storm Laura expected to strengthen into a hurricane before making landfall later this week.

Around 82% of oil production in the Gulf of Mexico was halted by around midday Monday, with refinery closures from companies including Motiva Enterprises LLC and Valero Energy Corp. potentially shutting in more than 1 million barrels a day of capacity. Gasoline futures rose to their strongest level since before the pandemic on concern over possible fuel shortages. Meanwhile, oil futures rose 0.7% in New York and 1.8% in London.

“The market as of right now is very worried about a shortage of gasoline, and that’s a serious consequence from the storm,” said Bob Yawger, director of the futures division at Mizuho Securities USA.

The storm comes as U.S. benchmark crude futures have risen this month amid a streak of declines in U.S. crude stockpiles and gasoline inventories. However, the pandemic is still raging across the world, threatening a sustained rebound in consumption.

“Signs of rising cases in Europe and Asia are still weighing on global demand expectations,” TD Securities commodity strategists including Bart Melek wrote in a note. “Weak refinery runs, exports and distillate demand continue to put a damper on the recovery.”

Laura could also have ramifications for global oil flows. Shuttered U.S. refineries could boost gasoline flows from Europe to the U.S. East Coast, depending on how badly plants are hit and whether Colonial Pipeline Co.’s conduit is affected, according to Steve Sawyer, director of refining at energy consultant FGE.

Prices

West Texas Intermediate for October added 28 cents to settle at $42.62 a barrel.
Brent for the same month rose 78 cents to end the session at $45.13 a barrel.
Gasoline rose 6.5% to highest settlement price since March 6.

The storm threat has translated into higher premiums for crudes in the region. Mars Blend rose $1.25 on Monday to $2.85 a barrel over Nymex WTI futures, its highest premium since May, according to data compiled by Bloomberg. WTI crude in Houston rose to its strongest level since July.

Other market drivers

Prospects for an imminent truce in oil-rich Libya dimmed after forces loyal to eastern commander Khalifa Haftar scoffed at the United Nations-backed government’s announcement of a cease-fire as “media marketing.”
Chinese refiners have massively boosted imports of diluted bitumen in a sign of either their desperation to produce fuel and asphalt for a rebounding economy, or that they’re skirting local import quotas and even international sanctions.
Saudi Aramco reshuffled its senior management and created a division focused on “portfolio optimization,” as the world’s biggest oil producer adapts to low crude prices and seeks new ways to raise cash.
The United States Oil Fund ETF, ticker USO, posted its largest one-day inflow since April last week even after the Securities and Exchange Commission recommended enforcement action against the fund and its management for disclosures made during market turmoil this year.

--With assistance from Sheela Tobben, Barbara Powell and Catherine Ngai.

[gibbs1] 22/8/2020 08:01

sarkasm
21 Aug '20 - 08:41 - 2535 of 2538
0 5 0




NOAA

United States Department of Commerce
NATIONAL HURRICANE CENTER and
CENTRAL PACIFIC HURRICANE CENTER

Nothin to report at present

What a difference a day makes

LAURA AND MARCO ARE ON THEIR WAY

[waldron] 21/8/2020 17:31

Brent Crude Oil NYMEX 43.68 -2.72%
Gasoline NYMEX 1.19 -3.10%
Natural Gas NYMEX 2.51 +0.48%
WTI 41.541 USD -3.16%


FTSE 100
6,001.89 -0.19%
Dow Jones
27,805.4 +0.24%
CAC 40
4,896.33 -0.30%
SBF 120
3,878.27 -0.24%
Euro STOXX 50
3,259.75 -0.50%
DAX
12,764.8 -0.51%
Ftse Mib
19,693.04 -0.37%


Eni
7.873 -0.78%



Total
32.36 -0.49%



Engie
11.185 -0.45%

Orange
9.83 -0.36%



Tullow Oil (TLW)
22.47 -0.96 (-4.10%)





Bp
273.35 -1.23%

Vodafone
114.26 -0.95%

Royal Dutch Shell A
1,115.8 -0.64%



Royal Dutch Shell B
1,075.2 -0.70%