Shell Share Discussion Threads

[the grumpy old men] 29/4/2021 06:13

Dividend timetable for the first quarter 2021 interim dividend




Announcement date April 29 , 2021
Ex- Dividend Date for ADS.A and ADS.B May 13, 2021
Ex- Dividend Date for RDS A and RDS B May 13, 2021
Record date May 14, 2021
Closing of currency election date (see May 28, 2021
Note below)
Pound sterling and euro equivalents announcement June 7, 2021
date
Payment date June 21, 2021

[waldron] 28/4/2021 21:42

Shell Q1 2021 Earnings Preview

Apr. 28, 2021 1:52 PM ETRoyal Dutch Shell plc (RDS.A)By: Akanksha Bakshi, SA News

Editor1 Comment

Shell (NYSE:RDS.A) is scheduled to announce Q1 earnings results on Thursday, April 29th, before market open.

The consensus EPS Estimate is $0.91 (+145.9% Y/Y) and the consensus Revenue Estimate is $62.18B (+3.6% Y/Y).

Analysts expect Cash flow from operations of $7.51B.

Over the last 2 years, RDS.A has beaten EPS estimates 63% of the time and has beaten revenue estimates 63% of the time.

Over the last 3 months, EPS estimates have seen 5 upward revisions and 0 downward. Revenue estimates have seen 8 upward revisions and 4 downward.

[the grumpy old men] 27/4/2021 11:22

Solaria Energia y Medio Ambiente SA will supply renewable power from its 626-megawatt photovoltaic plant in Spain to Royal Dutch Shell PLC and Axpo Holding AG, according to a company source.

Earlier this week, the Spanish energy company said construction of the Trillo plant, which is located in Guadalajara, is scheduled to start in May and the project will be operational by the end of the year. The plant's investment is estimated at a total 219 million euros ($264.7 million).

Solaria had previously said that it has signed 10-year purchase power agreements with both Shell and Axpo Iberia, a subsidiary of the Swiss company.



This story was translated in whole or in part from a ​Spanish-language version initially published by EFE Dow Jones, a partner of Dow Jones & Co.



Write to Rodrigo de Miguel at [e-mail]



(END) Dow Jones Newswires

April 27, 2021 06:37 ET (10:37 GMT)

[the grumpy old men] 27/4/2021 09:03

Date: Thursday, 29 April 2021

Q1 2021 dividend announcement date

[the grumpy old men] 27/4/2021 09:00

APRIL/29/2021 Q1 2021 Earnings Release

[waldron] 25/4/2021 12:14

Oil price boost should see BP Q1 profits gush

The 25 per cent-plus rise in oil prices seen since the start of 2021 should help BP’s profits surge when it reports first-quarter results this week.

By Perry Gourley and August Graham

Sunday, 25th April 2021, 7:00 am


Analysts expect the company's replacement cost profit, its preferred measure, to reach £1.2 billion compared to £569 million in the same period last year.

Since the start of the year the price of a barrel of Brent crude oil has risen strongly and has trebled since a low point a year ago.

Steve Clayton, manager of the HL Select Funds, said: "With oil prices having built on their 2020 recovery throughout the first three months of the year, BP should have had a reasonable trading environment to report when it posts first-quarter numbers."



The price of Brent averaged around $61 (£44) a barrel in the first quarter, compared to $44 a quarter earlier, and $50 in the first three months of 2020.

However, shares in BP and rival Shell, which also reports next week, have not bounced back as strongly as many expected.

BP's shares have only gained 16 per cent since their worst days in March 2020 and are still more than 40 per cent down from their pre-pandemic levels.

Shell, which in January announced it was cutting 300 Aberdeen jobs, meanwhile is up just 27 per cent from March 2020 and also around 40 per cent down since January 2020.

AJ Bell investment director Russ Mould said investors are “clearly sceptical” over the two majors’ shift to a lower carbon business model.

The companies' share prices will also not have been helped by cutting dividends, the first time since the Gulf of Mexico oil spill for BP, and the first time since the Second World War for Shell.

"Some contrarians may see this as an opportunity, given how sentiment toward the sector is so washed out, how badly the stocks have performed, the possibility of an economic upturn, and the likelihood that oil will be with us as a primary source of energy for some time to come, whether we like it or not," Mr Mould said.

He added that analysts will also focus on BP's production figures when the results come out on Tuesday.

www.scotsman.com/subscriptions

[sarkasm] 22/4/2021 09:58

Hydrogen will be the dominant fuel but LNG is the bridge, says Shell boss
April 22, 2021

[the grumpy old men] 21/4/2021 07:56

Global oil major Royal Dutch Shell PLC is partnering with Sembcorp Marine Ltd. in Singapore to study the use of hydrogen fuel cells for ships, the first step in potentially promoting wider use of the clean fuel in the local shipping industry.

Shell said Wednesday that the companies will carry out a feasibility study, with the goal of installing a fuel cell on a ship next year for a 12-month trial. Shell will provide hydrogen fuel for the trial, with a unit of Sembcorp Marine designing a fuel cell and retrofitting the test vessel.

Shell said the test could pave the way for environmentally cleaner shipping. Fuel cells may be the zero-emissions technology with the biggest potential to help the shipping sector achieve net-zero emissions in the coming decades, it said.

"This trial is an important step in demonstrating the applicability of hydrogen and fuel cells on ships," said Nick Potter, general manager of Shell Shipping & Maritime in Asia-Pacific and the Middle East. "We see fuel cells and hydrogen as a promising pathway for decarbonizing shipping."

The International Maritime Organization has set a goal of at least halving greenhouse-gas emissions across the shipping industry by 2050. Shell targets cutting its own emissions to net-zero by then.



Write to Justina Lee at [e-mail]



(END) Dow Jones Newswires

April 21, 2021 02:54 ET (06:54 GMT)

[gibbs1] 19/4/2021 11:00

In a research note published by Jon Rigby, UBS advises its customers to buy the stock. The target price continues to be set at GBX 1860.

[sarkasm] 13/4/2021 07:32

In a research note published by Christyan Malek, JP Morgan advises its customers to buy the stock. The target price is unchanged at GBX 2000.

[sarkasm] 12/4/2021 08:13

Giacomo Romeo from Jefferies retains his positive opinion on the stock with a Buy rating. The target price is reviewed upwards from GBX 1780 to GBX 1890.

[sarkasm] 07/4/2021 08:30

Shell to Make First Profit From Oil Output Since Pandemic Began

Laura Hurst, Bloomberg News


(Bloomberg) -- Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.

In the first quarter of 2021, Shell’s upstream unit, which largely handles the exploration and production of oil, captured “the upside from the current commodity price environment," the company said on Wednesday.

While earnings from natural gas, refining and chemicals helped Shell to post an overall profit last year, its core business reported consistent losses as energy prices plunged due to Covid-19. The return to profit upstream is another signal that the industry is recovering from the historic slump.

Performance at the division that refines and markets fuels, which was profitable for most of 2020, improved slightly compared to the fourth quarter, Shell said.

The severe winter storms in Texas, which crippled the state’s infrastructure and shut down a swath of oil and gas fields, will have an adverse impact on earnings of about $200 million, Shell said.

[waldron] 07/4/2021 07:17

Royal Dutch Shell PLC on Wednesday warned that the Texas winter storm is expected to have had a negative impact of $200 million on its first-quarter adjusted earnings.

In addition, the FTSE 100 oil and gas major said it expects to report natural gas production of between 920,000 and 960,000 oil-equivalent barrels a day for the first quarter, combined with liquefied natural gas volumes of 7.8 million-8.4 million metric tons. This compares with previous guidance of 900,000-950,000 barrels and 8.0 million-8.4 million tons.

For the upstream business, production is expected at 2.40 million-2.475 million oil-equivalent barrels a day, including a 10,000-20,000 barrels hit from the Texas storms. This compares with previous guidance of 2.40 million-2.60 million barrels.

Sales volumes for oil products have been downgraded to 3.7 million-4.7 million barrels a day from 4.0 million-5.0 million. Sales volumes for the chemicals division have been revised down to 3.5 million-3.7 million tons from 3.6 million-3.9 million.



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



(END) Dow Jones Newswires

April 07, 2021 02:38 ET (06:38 GMT)

[sarkasm] 05/4/2021 09:44

Russian Diplomat Says US Boosts Pressure on Nord Stream 2 as Construction Nears Completion

07:42 GMT 05.04.2021Get short URL


MOSCOW (Sputnik) - The United States ratchets up pressure on the Nord Stream 2 project, as construction of the gas pipeline nears completion, Russian Deputy Foreign Minister Alexander Pankin said in an interview with Sputnik.

"Construction of the Nord Stream 2 pipeline verges to a close, and this is exactly why the US intensifies pressure on the project, threatening countries involved in the construction with sanctions," Pankin said.

o Find Consensus on Nord Stream 2, French Diplomat Says
Most of the European countries are outraged by Washington's unilateral restrictions, which often have an extraterritorial effect and are imposed in circumvention of the United Nations Security Council, the Russian diplomat noted.

"Berlin, Vienna and other capitals do not understand why the EU nations' energy policy should be regulated from Washington, why should Europe reject an economically advantageous gas pipeline and supplies through it?" Pankin continued.

"The Nord Stream 2 will strategically strengthen Europe's energy security for dozens of years ahead, Our European partners understand this, this is why the countries that are interested in the project steadily support the completion of the gas pipeline construction and do not accept the US dictate," Pankin concluded.

Nord Stream 2 is a joint venture of Russian energy company Gazprom and five European partners, aimed at the construction of a twin pipeline to deliver Russian gas to Germany beneath the Baltic Sea. The project is a constant target of criticism and sanctions by the United States, which calls it a threat to the energy security of Europe and Ukraine.

[sarkasm] 04/4/2021 17:05

Profiling the five largest oil and gas companies in the world

Features & AnalysisOil & GasNatural Gas

By James Murray 01 Apr 2021

The oil and gas industry boasts some of the largest companies in the world, with five producers listed in the top 10 of the Fortune Global 500
Largest oil and gas companies

Oil and gas is often painted as the dirtiest sector within the energy industry (Credit: Shutterstock/SINCHAI_B)

Sinopec and Royal Dutch Shell are two of the top five largest oil and gas companies in the world by revenue.

Oil and gas is often painted as the dirtiest sector within the energy industry and has come under intense scrutiny over the past few years for its role in polluting the atmosphere.

But, in a bid to clean up the economy, major companies have started to invest in renewable technologies as they expand their portfolios to cater to environmentally conscious investors.

Those efforts, however, have been hampered over the past year by the coronavirus pandemic, which has had a dramatic impact on producers following a drastic drop in energy demand.

Here, NS Energy profiles the top five largest oil and gas firms, based on the 2020 Fortune Global 500’s revenue figures.


Five largest oil and gas companies in the world
1. Sinopec

China Petroleum and Chemical Corporation, also known as Sinopec, is one of China’s three state-owned oil companies.

The Beijing-headquartered firm, which was founded in 2000, is the second-largest company behind US retailer Walmart and the largest oil and gas firm in the world by revenue, after recording a whopping $407bn at the end of the 2019-20 fiscal year.

The early implications of the coronavirus pandemic had a significant impact on producers in China, where the first cases of the virus were recorded in December 2019 and stringent government lockdown measures were imposed.

As a result, Sinopec’s profits fell by more than 16% in 2019-20 to $6.8bn.


2. China National Petroleum

China National Petroleum is the state-owned parent company of PetroChina – the country’s second-largest oil producer.

Having brought in $379bn in revenue, China National Petroleum is also the second-largest oil and gas firm in the world.

The Beijing-headquartered firm, which was founded in 1988, brought in $4.4bn in profits in 2019-20.

It currently holds assets in 30 countries around the world.


3. Royal Dutch Shell
Largest oil and gas companies
Shell has recorded $352bn in revenue and is regarded as one of the “supermajors” (Credit: Shutterstock/siam.pukkato)

Royal Dutch Shell, which was founded in 1907 and is headquartered in The Hague, Netherlands, is the third-largest oil and gas firm.

The Anglo-Dutch multinational has recorded $352bn in revenue and is regarded as one of the “supermajors” – a term used to describe the world’s six largest publicly traded oil and gas firms.

Following weaker oil prices, Shell’s profits were down by more than a third in 2019-20 to $15.8bn.

Over the past few years, the company has expanded its portfolio by purchasing renewable energy assets such as UK-based electricity and gas provider First Utility, and Europe’s largest electric vehicle charging company NewMotion.

Shell is aiming to become a net-zero emissions business by 2050.


4. Saudi Aramco

Saudi Aramco is the state-owned oil company of Saudi Arabia and is the fourth-largest oil and gas company by revenue, after bringing in $330bn.

The Dhahran-headquartered firm, which was founded in 1933, has the world’s second-largest proven crude oil reserves – more than 270 billion barrels – and is the largest daily oil-producing company.

In December 2019, Saudi Aramco’s shares began trading on the Saudi Stock Exchange, where it became the largest initial public offering (IPO) in the world at the time, raising $25.6bn.

The company recorded $88bn in profits in 2019-20.


5. BP

BP, short for Beyond Petroleum, is the fifth-largest oil and gas company in the world. Due to weak oil prices, its revenue fell by 7% in 2019-20 to $283bn.

The British oil giant, which is regarded as one of the supermajors, suffered a 57% drop in profits in the latest fiscal year to $4bn.

The London-headquartered firm was founded in 1909 and has operations across 80 countries around the world.

Having previously been the first oil major to commit significant capital to renewable energy projects, BP outlined its plan in February 2020 to reach net-zero emissions by 2050.

[grupo] 29/3/2021 15:43

DIVI DATES



4th quarter 2020

Event Date

Dividend Payment date March 29, 2021