Shell Share Discussion Threads

[waldron] 20/12/2017 14:48

Royal Dutch Shell Issuance of New Shares
20/12/2017 1:23pm
UK Regulatory (RNS & others)


TIDMRDSA TIDMRDSB

Royal Dutch Shell plc

ISSUANCE OF NEW SHARES

Royal Dutch Shell plc (the "Company") announces that it has today issued
52,721,433 A ordinary shares of EUR0.07 each in relation to the scrip dividend
programme for the third quarter 2017 interim dividend.

Following this issue, the total number of A shares in issue is 4,597,136 ,050
ordinary shares of EUR0.07 each and the total number of B shares is 3,745,486,731
ordinary shares of EUR0.07 each. A shares and B shares have identical voting
rights. The Company holds no ordinary shares in Treasury.

The total number of A shares and B shares in issue is 8,342,622,781 ordinary
shares of EUR0.07 each and this figure may be used by shareholders as the
denominator for the calculation by which they will determine if they are
required to notify their interest in, or a change to their interest in, Royal
Dutch Shell plc under the FCA's Disclosure Guidance and Transparency Rules.

This announcement will be available on

December 20, 2017

Mark Edwards

Deputy Company Secretary

ENQUIRIES

Shell Media Relations

International, UK, European Press: [phone]

Shell Investor Relations

Europe: + 31 70 377 4540

United States: [phone]

LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70

Classification: Additional regulated information required to be disclosed under
the laws of a Member State.



END


(END) Dow Jones Newswires

December 20, 2017 08:23 ET (13:23 GMT)

[sarkasm] 14/12/2017 08:35

Brave Bison Extends Contract with Shell
14/12/2017 8:32am
Dow Jones News

Shell A (LSE:RDSA)
Intraday Stock Chart

Today : Thursday 14 December 2017
Click Here for more Shell A Charts.

By Oliver Griffin



Brave Bison Group PLC (BBSN.LN) said on Thursday that it has extended its commercial partnership with Royal Dutch Shell PLC (RDSB.LN) by two years.

The partnership will significantly build on the social media management company's current deal running Shell's YouTube channel, Brave Bison said, adding that the improved contract will include a number of other services.



Write to Oliver Griffin at [e-mail]



(END) Dow Jones Newswires

December 14, 2017 03:17 ET (08:17 GMT)

[waldron] 13/12/2017 07:16

Royal Dutch Shell Suspends Production on Two Offshore Oil and Gas Platforms
12/12/2017 5:58pm
Dow Jones News

Shell A (LSE:RDSA)
Intraday Stock Chart

Today : Wednesday 13 December 2017
Click Here for more Shell A Charts.

By Neanda Salvaterra



Royal Dutch Shell PLC said on Tuesday it has suspended production on two offshore oil and gas platforms following the shutdown of a major European oil transport node.

The British-Dutch oil giant confirmed that it has halted the flow of oil and gas from its Shearwater and Nelson platforms in the central North Sea as a result of the shutdown of the Forties Pipeline System owned by Ineos, a refining and chemicals company.

Ineos closed down the Forties Pipeline after a hairline crack worsened following its discovery Wednesday, south of Aberdeen, Scotland.

The company said pipeline repairs could take a "matter of weeks," during which Forties would remain out of commission.

The Forties Pipeline System carries about 445,000 barrels of crude a day through the North Sea, some of which is used to create the benchmark crude price known as Brent.

"We are working closely with the pipeline system operator, Ineos to assess the situation," said a spokesman for Shell.

Shell is one of several big firms that has been affected by the Forties closure.

Chevron North Sea Limited said on Tuesday that production has been halted on two of its gas-producing platforms in the North Sea, while BP PLC said Monday that it was temporarily shutting down production in three hubs at the request of Ineos.



Write to Neanda Salvaterra at [e-mail]



(END) Dow Jones Newswires

December 12, 2017 12:43 ET (17:43 GMT)

[waldron] 07/12/2017 18:55

Royal Dutch Shell plc Third Quarter 2017 Euro and GBP Equivalent Dividend Payments

News provided by
Royal Dutch Shell plc

12:59 ET

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THE HAGUE, Netherlands, December 7, 2017 /PRNewswire/ --

The Board of Royal Dutch Shell plc ("RDS") (NYSE: RDS.A) (NYSE: RDS.B) today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2017 interim dividend, which was announced on November 2, 2017 at US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share").

Dividends on A Shares will be paid, by default, in euro at the rate of €0.3985 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by December 1, 2017 will be entitled to a dividend of 35.02p per A Share.

Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 35.02p per B Share. Holders of B Shares who have validly submitted euro currency elections by December 1, 2017 will be entitled to a dividend of €0.3985 per B Share.

This dividend will be payable on December 20, 2017 to those members whose names were on the Register of Members on November 17, 2017.

Taxation - cash dividend
Cash dividends on A Shares will be subject to the deduction of Dutch dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Non-Dutch resident shareholders, depending on their particular circumstances, may be entitled to a full or partial refund of Dutch dividend withholding tax. Expected from 2018, Dutch and non-Dutch resident shareholders who are exempt from corporate income tax may elect for an exemption from Dutch dividend withholding tax instead of requesting a refund if tax was withheld.

Furthermore, in April 2016, there were changes to the UK taxation of dividends. The dividend tax credit was abolished, and a new tax free dividend allowance introduced. Dividend income in excess of the allowance is taxable at the following rates: 7.5% within the basic rate band; 32.5% within the higher rate band; and 38.1% on dividend income taxable at the additional rate.

If you are uncertain as to the tax treatment of any dividends you should consult your own tax advisor.

[the grumpy old men] 07/12/2017 10:16

BP, Total’s ratings could absorb end of scrip dividends: Fitch

December 7, 2017 Company News, Crude Oil, Europe, Natural Gas, News 0

European oil majors BP and Total could be pressured into following Shell’s recent decision to cancel scrip dividends and return to paying its dividend entirely in cash, but such a move is unlikely to negatively impact their debt ratings, Fitch Ratings said Wednesday.

Analysts at the credit rating agency said in a note both BP and Total have rating headroom if scrip dividends are ended, at least more headroom at their current rating than Shell did.

Fitch has affirmed Shell at "AA-" with a negative outlook after last week’s decision, claiming the plan will slow the firm’s deleveraging, Kallanish Energy learns.

If both companies were to completely cancel scrip dividends beginning in 2018, it would “probably take significantly more shareholder-friendly actions, such as very large share buybacks or rising dividends, as well as rising capital intensity, for the ratings of Total and BP to come under significant pressure,” Fitch said.

All three oil majors introduced scrip dividend programs when oil prices collapsed in 2014-2015, rather than cut gross dividends, which helped balance cash flows and reduce additional borrowing.

The analysts said the recent oil price recovery, along with pressure from shareholders who don’t want their shares diluted, could incentivize oil companies to increase cash distributions by cancelling scrip dividends, launching share buybacks or even raising dividends.

Shell saved roughly $11 billion of cash with the program, but reiterated its commitment to buy back at least $25 billion of shares in 2017-2020, subject to a sustained recovery in crude prices and debt reduction. Its reference oil price is $60 a barrel.

Fitch analysts, however, see Shell's decision as credit negative “as it will reduce the company's financial flexibility under our base case of oil prices returning to below $55/Bbl in 2018, and refining margins moderating.”

[waldron] 04/12/2017 10:46

HomeNewsNewswiresLON:RDSB

UBS upgrades Shell and BP as oil market becomes “increasingly normal”
10:04 04 Dec 2017
UBS upgraded its target price for both Royal Dutch Shell and BP .
Shell petrol station
UBS set a new £26.75p price target

Analysts at UBS told investors that the oil and gas market is becoming “increasingly normal” as they upgraded Royal Dutch Shell Plc (LON:RDSB) and BP Plc (LON:BP) on Monday.

Pitching a new target price of £26.75, up from £25.50, the bank sees some 5% upside whereas the BP target moves to 550p, from 525p, which also sees around 5% upside to the current price.

UBS increased its forecasts for oil prices for the remainder of 2017, 2018 and 2019 to account for better expectations supported by the extension of production caps for OPEC and certain non-OPEC members.

“Although we increasingly see more upside than downside risk to our scenario, one could argue we have come a long way fast,” UBS analyst Jon Rigby said in a note.

“In our central scenario there is little implied macro upside and we believe the shareholder return will be delivered by the bottom up.

“After 3 years of very significant re-adjustment to the new market conditions we would argue we have reached the end of the beginning – companies now have to successfully operate and generate financial returns in the existing environment.”

[la forge] 01/12/2017 18:03

LONDON (Alliance News) - Royal Dutch Shell PLC said Friday that Non-Executive Director Roberto Setubal acquired USD496,000 worth of shares in a transaction on Thursday.

Setubal - appointed in June - acquired 7,700 American depositary shares at USD64.36417 each, equivalent to a total consideration USD495,604. This is around GBP367,000.

Shares in Royal Dutch Shell A shares were 0.3% higher at 2,364.00 pence on Friday and its B shares were 0.2% higher at 2,394.00.

By Ahren Lester; [e-mail].

[sarkasm] 29/11/2017 10:45

Home » Reports » Broker Ratings » Royal Dutch Shell Plc 25.5% Potential Upside Indicated by Barclays Capital
broker ratings
Royal Dutch Shell Plc 25.5% Potential Upside Indicated by Barclays Capital

Posted by: Amilia Stone 29th November 2017

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSA) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OVERWEIGHT217; this morning by analysts at Barclays Capital. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set their target price at 3000 GBX on its stock. This would imply the analyst believes there is now a potential upside of 25.5% from the opening price of 2391 GBX. Over the last 30 and 90 trading days the company share price has increased 45 points and increased 260 points respectively. The 1 year high for the share price is 2516.32 GBX while the 52 week low is 1929.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,337.51 GBX and a 200 day moving average of 2,174.58. There are currently 633,912,115 shares in issue with the average daily volume traded being 6,039,512. Market capitalisation for LON:RDSA is £200,481,758,714 GBP.

[the grumpy old men] 28/11/2017 07:52

Royal Dutch Shell Shell updates company strategy and financial outlook
28/11/2017 7:00am
UK Regulatory (RNS & others)


TIDMRDSA TIDMRDSB

Management Day 2017: Shell updates company strategy and financial outlook, and
outlines net carbon footprint ambition.

* Scrip dividend programme to be cancelled with effect from the fourth
quarter 2017 dividend.
* Annual organic free cash flow outlook increased to $25 to $30 billion by
2020, at $60 per barrel (real terms 2016)

* Company sets ambition to reduce the net carbon footprint of its energy
products in step with society's drive to align with the Paris Agreement
goals

LONDON, November 28, 2017 - Royal Dutch Shell plc (Shell) Chief Executive
Officer, Ben van Beurden, today updated investors on the company's strategy,
setting out plans to grow returns and free cash flow, and outlining its
ambition to reduce the net carbon footprint of its energy products.

"Our next steps as we re-shape Shell into a world-class investment aim to
ensure that our company can continue to thrive, not just in the short and
medium term but for many decades to come," said van Beurden. "These steps build
on the foundations of Shell's strong operational and financial performance, and
my confidence in our strategy and our ability to deliver on the promises we
make."

Van Beurden highlighted three updates from his presentation: "We have increased
our outlook for organic free cash flow, which has been consistently strong over
the past five quarters. We have also made significant progress with our
divestment programme, allowing us to reduce net debt in that time. Meanwhile,
we intend to cancel our scrip dividend programme with effect from the fourth
quarter 2017."

The company also announced a net carbon footprint ambition covering not just
emissions from its own operations but also those produced when using Shell
products. "Shell aims to cut the net carbon footprint of its energy products -
expressed in grams of CO2 per megajoule consumed - by around half by 2050. As
an interim step, by 2035, we aim to reduce it by around 20%," said van Beurden.
"We will do this in step with society's drive to align with the Paris goals,
and we will do it by reducing the net carbon footprint of the full range of
Shell emissions, from our operations and from the consumption of our products."

Van Beurden concluded: "Taken together, these next steps, and the strategy and
portfolio strength that underpin them, will deepen Shell's financial resilience
and competitiveness, help to ensure our long-term business relevance and keep
us firmly on the path to becoming and remaining a world-class investment."

Financial outlook

Shell has made the following updates to the company's financial outlook:

* The outlook for annual organic free cash flow has increased to $25 to $30
billion by 2020 at a Brent crude oil price of $60 per barrel (real terms
2016). This is $5 billion more than the outlook Shell provided during its
capital markets day in June 2016.

* Debt reduction remains a priority. Gearing stood at 25.4% at the end of Q3
2017 and additional divestment proceeds of more than $5 billion since then
mean that 20% gearing is in sight.
* The delivery of new projects continues, and the company remains on track to
deliver 1 million barrels of oil equivalent per day, and $10 billion of
cash flow from operations from new projects by 2018 (at $60 per barrel,
real terms 2016). We expect to deliver an incremental $5 billion cash flow
from operations by 2020.
* The $30 billion divestment programme between 2016 and 2018 is almost
delivered, with deals worth $23 billion completed (headline), $2 billion
announced, and $5 billion in advanced progress. Once this programme is
completed the company expects to continue divestments at an average rate of
more than $5 billion until at least 2020.
* The company's commitment to capital discipline remains. Annual capital
investment will continue to be between $25 and $30 billion, and at current
oil prices capital investment will be managed towards the bottom end of
that range, or lower if needed.
* Annual underlying operational expenditure will remain below $38 billion
until 2020, with efficiency gains expected to deliver further reductions,
building on the more than 20% reduction in operational expenditure since
2014.

The company expects to continue to grow organic free cash flow throughout the
2020s at a more moderate rate. Increased distributions to shareholders in the
form of share buybacks in line with the plans confirmed below is expected to
support a stronger growth in its metrics per share.

Increasing distributions to shareholders

The company is confident it can cancel its scrip dividend programme while
investing at sufficient levels to maintain value accretive growth in the
portfolio. The strength of its balance sheet, coupled with stronger cash flow
and a relentless focus on capital efficiency, discipline and flexibility, have
given the company the confidence to cancel the scrip dividend programme with
effect from the fourth quarter 2017 dividend. Separately, as per intentions
stated in December 2015 at the time of the combination with BG, the company is
confirming the plans for share buybacks of at least $25 billion in the period
2017-2020, subject to progress with debt reduction and recovery in oil prices.


Strategy updates

Against the backdrop of ongoing volatility in the energy sector, Shell today
presented the following updates to investors:

* In Integrated Gas, the resilience and good financial performance of the
business continue to be underpinned by its position as a leader in both the
global liquefied natural gas (LNG) and gas-to-liquids value chains, as well
as by the underlying strength Shell sees in natural gas and LNG markets. To
sustain its strength and competitive advantage in LNG through the 2020s,
the company will continue to assess opportunities for selective growth -
cost competitiveness will be a key decision criterion.
* Upstream has implemented a successful and continuing operational excellence
programme, delivering more production and lower costs. A focus on capital
efficiency and portfolio optimisation has led to a more resilient and
competitive performance. Management is confident in the growth, increasing
returns and sustainability of the company's upstream portfolio into the
next decade.
* Downstream continues to deliver strong financial performance, due to highly
integrated refining, trading and marketing operations, and premium
products, in addition to competitive growth in the Chemicals business.
Strong brand and customer reach are key differentiators that Shell will
leverage further to increase the size of this growing and high return
business.
* The development of new energies as a future growth platform will accelerate
and the company will increase the capital allocated to this business to $1
to $2 billion per year until 2020. Shell will continue to target
opportunities in new fuels and power, two businesses adjacent to its
Downstream and gas businesses that play to Shell's existing strengths in
brand and value-chain integration.

Shell groups its seven strategic themes into three categories - cash engines,
growth priorities and emerging opportunities.

Integrated Gas, conventional oil and gas, and Oil Products are currently cash
engines; deep water and Chemicals are growth priorities; shales and new
energies are emerging opportunities. Illustrating the dynamic nature of the
company's portfolio, the intention is for deep water to have become a cash
engine by 2020, and shales to have become a growth priority by 2020.

Reducing net carbon footprint

Shell further positioned itself for the future today by unveiling its ambition
to cut the net carbon footprint of its energy products by around half by 2050.
As an interim step, by 2035 it will aim for a reduction of 20%.

The company will measure its progress by disclosing the net carbon footprint
not just from its operations and energy use, as it does now, but also from the
use of its energy products, expressed in grams of CO2 per megajoule consumed
and taking account of any emissions offset. This measure will be tracked over
time, with reviews every five years to ensure Shell is progressing in line with
societal progress towards the carbon footprint reduction required to meet the
Paris goals.

"Tackling climate change is a cross-generational, global and multi-faceted
effort," van Beurden said. "This is a challenge for the whole planet, for all
of society, for customers, for governments and indeed for businesses. It will
mean meeting increasing energy demand with an ever-lower carbon footprint. And
it is critical that our ambition covers the full energy lifecycle from
production to consumption. We are committed to play our part."

Royal Dutch Shell plc

The Hague, November 28, 2017

[the grumpy old men] 28/11/2017 07:52

H2 YOU ARE A WISE MAN

CARRY ON BEING SO AND MAKING DECENT RETURNS

[hernando2] 28/11/2017 07:40

Now that is just a fantastic update IMO...This chap is a very very good business leader. I started buying these on the drop at about 20 pounds and ran out of cash at about 14 pounds, I should have waited!!!

As they say Never sell shell, I did of course because it ended up about 33% of my pension , but its still over 10% happy days.