ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

RDSB Shell Plc

1,894.60
0.00 (0.00%)
15 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:RDSB London Ordinary Share GB00B03MM408 'B' ORD EUR0.07
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1,894.60 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
1,900.40 1,901.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,894.60 GBX

Shell (RDSB) Latest News

Real-Time news about Shell Plc (London Stock Exchange): 0 recent articles

Shell (RDSB) Discussions and Chat

Shell Forums and Chat

Date Time Title Posts
20/9/202209:42Royal Dutch Shell19,913
30/3/202219:42Shell versus BP7,257
05/12/202117:45Shell - sticking to the knitting30
27/1/202013:27Bots-
25/1/202012:41Worrying2

Add a New Thread

Shell (RDSB) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Shell (RDSB) Top Chat Posts

Top Posts
Posted at 09/1/2022 13:44 by adrian j boris
inews


Calls for ‘Robin Hood’ tax on oil and gas producers to help consumers pay energy bills

By Ruchira Sharma

January 9, 2022 12:43 pm(Updated 1:10 pm)

Labour and the Lib Dems have both called for a windfall tax on oil and gas producers to curtail rising energy prices over the next year.

Both parties slammed the Government for failing to act on energy costs and called for a one-off levy to protect vulnerable families.

Energy prices are expected to soar when the legal cap on prices rises in April.

Wholesale gas prices climbed throughout 2021, with the cap increase set to pass some of the pain to consumers and worsen a cost of living crisis.


Bills could rise from £1,277 a year for an average household under the current price cap to £1,865 a year, an increase of 50 per cent, according to estimates.

The Prime Minister is coming under mounting pressure from his own backbenchers to provide support to consumers set to be stung by the price cap rise, with experts predicting that prices could keep rising until at least 2023.


The Liberal Democrats said a windfall tax on oil and gas producers who have profited from the price increases would generate enough money to give over seven million households £300 off their heating bills this year – an estimated £5 billion to £7 billion.

“Cabinet ministers are turning a blind eye to families in their own backyard struggling with soaring heating bills,” Liberal Democrat leader Ed Davey said.

“We need an urgent package of support now to help people cope with the cost of living crisis. That should include Liberal Democrat calls for a Robin Hood tax on oil and gas firms seeing record profits, raising enough cash to give over seven million households £300 off their heating bills this year.”

Meanwhile, Labour outlined proposals to save households around £200 or more through its windfall tax, calling for the squeezed middle, pensioners and the lowest earners to get additional support – up to £600 off bills.

“There is a global gas price crisis, but 10 years of the Conservatives’ failed energy policy, and dither and delay has created a price crisis that’s being felt by everyone,” said Rachel Reeves MP, Labour’s Shadow Chancellor of the Exchequer.

“We want to stop bills going up.

“Labour’s plan to keep energy bills lower in future would see us accelerate home-grown renewables and new nuclear, retrofit 19 million homes to save households an average of £400 a year on their bills, and reform our broken energy system to stop energy companies playing fast and loose with the rules.”

The Institute for Public Policy Research (IPPR) has welcomed plans for a windfall tax on North Sea oil and gas, saying that it is right that those profiting from the crisis contribute to supporting those hardest hit.

Luke Murphy of the IPPR said: “In the longer-term, the only way to address this crisis is not to increase domestic gas production as some have suggested, but to reduce our reliance on volatile fossil fuels by ramping up renewables and an ambitious plan to insulate homes across the country.

“The Government must now deliver a plan that can ease the immediate cost of living crisis this year and address the longer-term challenge of delivering an energy supply that is affordable, secure and net zero.”

Government modelling suggests inflation could increase to around seven per cent if the energy price cap shoots up in April as expected, according to reports.

The energy regulator Ofgem will set the price cap for domestic customers in February, before the changes kick in in April.

Charities, including the fuel poverty charity National Energy Action, have warned that the steep rise in costs will see “an avalanche” of people falling into debt or rationing heating.
Posted at 07/1/2022 14:56 by waldron
INVEZZ


Shell share price forecast: Cheap RDSB could surge ahead

By: Crispus Nyaga
on Jan 7, 2022

The Shell share price has started the year well.

It has risen by about 12% from its December lows.

The stock could keep rising in light of the $5.5 billion buybacks.

The Royal Dutch Shell (LON: RDSB) share price rose to the highest level since October last year. It is trading at 1,722p, which is about 12% above the lowest level in December. Other oil and gas stocks like BP and ExxonMobil have also done well.


Shell buybacks

The Shell share price has done well, supported by the relatively high crude oil and natural gas prices. The price of crude oil has jumped this year as investors downplay the impact of the Omicron variant to the global economy. Recent data shows that the variant is relatively milder than the previous variants.



The stock is also doing well after the company unveiled its plan to return funds to shareholders. It will buy back stock worth $5.5 billion using the funds it raised after selling its Permian Basin operations to ConocoPhillips.

These distributions will be in addition to the existing buyback plan that involves repurchasing stock using between 20% and 30% of its total cash flow.

In a statement, the company said that it will report between 910k and 950k barrels of oil per day for the fourth quarter and about 7.7 million to 8.3 million mt/day of LNG.

This guidance was lower than the previous one.

Analysts are optimistic about the Shell share price because of the rising demand and the fact that oil and gas prices have been stable.

The company is also taking actions to reduce costs.

For example, last year, the company said that it will shift its headquarters from the Netherlands to London.

In a recent article, Barron’s mentioned Shell as one of its picks for the year.

They cited the company’s discount to its American rivals and the fact that it is a leading gas producer.

Natural gas prices have been in a strong bullish trend lately.


On the daily chart, we see that the RDSB share price crossed a key resistance level this week. The stock managed to move above the key level at 1,705, which was the highest level on December 7th.

It also jumped above the 25-day moving average and is slowly approaching its highest level in 2021. The MACD has also moved above the neutral level.

Therefore, the stock will likely keep rising as bulls target the key resistance at 1,850p. This view will be invalidated if the stock crashes below 1,600p.
Posted at 04/1/2022 19:53 by ariane
These are 2 of my best-performing FTSE 100 investments in 2021

Manika Premsingh | Friday, 31st December, 2021 |
.

Among my stock market investments this year, those that have stood out are the FTSE 100 oil biggies BP (LSE: BP) and Royal Dutch Shell (LSE: RDSB). No points for guessing why. Oil stocks are classic cyclicals. Such stocks are those where demand is sensitive to where we are in the economic cycle. So when the economy is in doldrums, as we saw in 2020, the oil price crashes. And during times of recovery, it picks up. This time around, perhaps even more so. The economic slowdown associated with the pandemic also brought all travel to a halt. As a result, there was a big impact on these stocks. It was natural then, that as the recovery ensued, oil prices rallied and along with that, these stocks’ prices.
More upside to come?

I do not think that we have seen all the upside to these stocks that we are going to. Think about this. We are still under the cloud of the pandemic. Travel remains restricted and consumers are being cautious too. Once these trends are behind us, I think we could see even higher oil demand. Also, continuing economic recovery will increase oil demand. This could further boost both BP and Shell’s financial performance.







Their improved finances could, in turn, result in higher dividends. These stocks boasted fairly high dividend yields pre-pandemic. But at present, they are nowhere near the highest dividend-payers. BP’s current dividend yield is 4.7% and Shell’s is 3.7%. These are not bad and are higher than the FTSE 100 average yield of 3.5%. But they are far from the 10%+ levels seen for the highest yielders. However, I am optimistic that their yields could rise.

Moreover, these stocks offer me a nice hedge against inflation. The UK’s inflation is on a tear and is expected to remain so through next year. Many FTSE 100 and FTSE 250 stocks could be impacted by this as their costs increase. But the oil giants are on the right side of inflation. They are actually beneficiaries from it. So, even if other stocks in my portfolio suffer, these can offer a stabilising impact.


What I’d do now

The big risk to oil stocks is another lockdown in 2022. If another variant of coronavirus emerges, who knows what could happen next? And if the last two years have taught us anything, it is to expect the unexpected. But I have to make my investment decisions based on the most predictable outcomes that I can see, and not on outlier events. Based on these, both oil stocks look quite good to me for at least the foreseeable future. Considering that their share prices are still below pre-pandemic levels, I think I am going to add to my holdings of these stocks in early 2022.


Manika Premsingh owns BP and Royal Dutch Shell B. The Motley Fool UK has no position in any of the shares mentioned.
Posted at 26/12/2021 08:03 by xxxxxy
The energy shortage and cost of living squeezeDECEMBER 26, 2021 POST A COMMENTDear MinistersWhen you return from the holly and the Christmas pudding please attend urgently to the energy shortages. The gas price has shot up to  very high levels and electricity is expensive. The price caps will be moved upwards sharply in April hitting people's heating and living costs badly.It should come as  no surprise. The price cap policy has bankrupted a large  number of electricity suppliers. The policy of closing coal power stations, blocking more production of UK gas, failing to put in extra generating capacity other than wind and solar and relying more and more on imports was bound to lead to shortages and very high prices as some of us warned.When thinking about how to abate the cost of living squeeze from dearer energy it is wise to remember the most basic lesson of economics. Supply and demand is balanced by market price. If something is in  short supply its price rises in a free market until enough extra is produced. If something is in over supply the price falls until the surplus has been absorbed and production cut back.If government sets a lower price than the market needs to balance supply and demand then there will be too little supply and a shortage. The government has to allow market prices to rise to bring forward additional energy. If it refuses to allow the suppliers to pass on the  extra cost of the underlying energy then they will go bust unless the government subsidises them from taxes. Prices also of course hit or boost demand. On current policy energy will be worryingly dear for anyone on a lower income so government will need to boost their income somehow to make it more affordable. Taking VAT off fuel would be a welcome start.The only reliable way to get the UK gas price down is to allow more domestic gas to boost supply. Much of this could then be offered as long term contract gas with sensible prices and price adjustments in the contract, to avoid more buying of very dear gas on an inflated spot market at times of shortage. The only reliable way to keep the lights on is to retain fossil fuel power stations as back up for when the wind does not blow and the sun does not shine, and to add more low or zero carbon generation from reliable sources that work in all weathers for the future.There is also a crucial national security issue. Trying to rely more on gas and electricity imports from Europe gravely weakens our country. The EU is energy short and dependent on Putin's Russia. Energy will increasingly be used as a diplomatic weapon against countries that cannot be bothered to generate their own power and extract their own energy..... John Redwood
Posted at 22/11/2021 15:09 by grupo guitarlumber
Goldman Sachs: Oil Price Plunge Is Not Justified By Fundamentals
By Tsvetana Paraskova - Nov 22, 2021, 9:00 AM CST

Goldman: The recent oil price decline is not justified by fundamentals
Since the end of October, Brent Crude prices have dropped by $8 per barrel to below $80 late last week
Goldman continues to keep its $85 forecast for average Brent prices this quarter

Join Our Community

The recent oil price decline is not justified by fundamentals, Goldman Sachs says, keeping its estimate of Brent averaging $85 per barrel in Q4.

The move lower in oil prices so far this month has been excessive amid overblown worries about a strategic petroleum reserve (SPR) release and a hit to demand from the COVID resurgence in Europe and the United States, the U.S. investment bank said in a note to clients carried by Argus.

Since the end of October, Brent Crude prices have dropped by $8 per barrel to below $80 late last week. Concerns about the global economy with the return of lockdowns in Europe and expectations of a coordinated release of reserves from the United States and major Asian oil consumers have dragged the price of oil down over the past two weeks.

Goldman Sachs, however, believes that these concerns are excessive.

“Our pricing model shows that the $8/bl price decline since late October is equivalent to the market pricing in a 4mn b/d combined hit to demand or increase in supply over the next three months,” Goldman Sachs’s analysts wrote in the note cited by Argus.

“This would be ... equivalent to a 100mn bl government stock release as well as a 1.75mn b/d hit to demand due to the current Covid resurgence,” the investment bank noted.

Goldman continues to keep its $85 forecast for average Brent prices this quarter, seeing the downward move as “excessiveR21;, especially in light of the fact that the oil market is still in a deficit.

Last week, the investment bank said that the market had already priced in a concerted release of crude oil from national reserves, adding that the U.S. was expected to release between 20 and 30 million barrels, with the rest of the group likely releasing a combined 30 million barrels.

After a 3% plunge on Friday, oil prices were slightly up on Monday morning, with Brent trading at just over $79 a barrel and WTI Crude at $76.15.

By Tsvetana Paraskova for Oilprice.com
Posted at 16/11/2021 16:25 by waldron
Shell Changes: What Should Investors Do?

Royal Dutch Shell is proposing to turn its back on the Netherlands and create a single share class in London, but what does that mean for investors?

James Gard

16 November, 2021 | 3:32PM


UK investors wanting to trade shares in Royal Dutch Shell have for years been faced with the dilemma of which one to choose. Unusually, the company trades on the FTSE 100 with two tickers, and is the only stock to do so.

But many would struggle to explain the difference. Now, under plans put forward by the oil major, these two share classes could become one as the company ditches the “Royal Dutch” and moves its headquarters to London. The move comes just weeks after activist investor Third Point revealed plans to split Shell up, though it hadn't specifically proposed this latest course of action.

The current set-up is quite complex and the aim is to simplify this.

At the moment, Shell trades under tickers “RDSA” and “RDSB”, with the “A” shares subject to a 15% tax on dividends imposed by the Netherlands; “B” shares don’t, and are the ones usually favoured by UK investors, and trade at a (modest) premium to the A shares.(The A shares, on November 16, were at £17.05 and the B shares stood at £17.09.)

“A” shares pay out in euros and “B” shares in pounds sterling, although the figure quoted is $0.24 for the latest quarter. By having a single pool of ordinary shares, Shell hopes to speed up its plans to buy back shares, which is one of the planks of its post-pandemic appeal to shareholders.

This matters a lot for income investors because Royal Dutch Shell pays out billions to shareholders like DIY investors, funds and pensions. In 2020, Shell cut its dividend for the first time since World War II, but has been trying to play catch-up since with raised dividends and share buybacks. Buybacks reduce the number of shares in issue, with the aim of boosting the share price, and are currently in fashion among large FTSE income payers like WPP and Unilever. We wrote about the trend in our recent top FTSE dividend round-up and we plan to cover the topic in more detail this week.

Climate Pressure

More dramatic changes than a tidying up of the share structure are afoot.

As the name suggests, Royal Dutch Shell has roots in the Netherlands and UK. Its headquarters is currently in The Hague but the shares are listed in Amsterdam and London. Under the plans, Shell will have its HQ in London, while its chief executive and chief financial officer will move here too from the Netherlands. Crucially, Shell will move its tax residence to the UK, where ministers have received the news as a “vote of confidence” in British business.

Unilever, another company with Anglo-Dutch roots, threatened to go in the opposite direction and shift its base to the Netherlands – but reversed this after a backlash from big UK shareholders. The Dutch government is understandably not delighted by the news, describing it as an "unwelcome surprise".

Cynics might say Shell’s decision is not unrelated to the legal pressure the company is under in the Netherlands, where a court ruled its emissions cutting targets are not strict enough.


As Morningstar oil analyst Allen Good explains, though, this move is “unlikely do anything to shield the company from recent lawsuits over emissions”--such is the global nature of the oil business and international treaties on carbon emissions. Companies of Shell’s size can’t use regulatory arbitrage even if the option was there.

What should investors in Shell do?


Naturally, they will be asked to vote on the proposal, which requires at least 75% of shareholders to support it to go ahead.


Morningstar’s Good says the proposals won’t have an impact on the company’s valuation. It retains its no-moat rating – downgraded from narrow – and has a 3-star rating.

Shares have risen 35% this year as oil prices have soared, but Morningstar still values them at £19.40, above the £17 level they are trading at now.

Shell claims a simpler structure will help make its climate transition progress smoother, but Good says the move is unlikely to have any meaningful impact.
Posted at 28/10/2021 10:18 by loganair
I wish Shell would put a maximum they are willing to pay per share to buy back shares and once this share price has been reached to stop buying back any further shares, instead of just giving their broker money and telling them to buy back shares at what ever the cost., To only resume share buy backs if and when the share price drops below this said level.
Posted at 25/10/2021 18:30 by loganair
Typical oil company, buy back their own shares when the share price is rising, would have been better to have bought back a shed load when the share price was under £10.
Posted at 10/10/2021 16:05 by waldron
Europe Desperately Needs To Diversify Its Energy Supply
By Stuart Burns - Oct 10, 2021, 10:00 AM CDT

Rising energy prices have fueled inflation that was already being stoked by commodity price increase and supply chain problems for much of this year.
Thermal coal prices have risen to record levels, threatening to impact GDP growth in China and India as a result of electricity rationing.
Europe’s energy markets are particularly exposed to supply disruptions despite supposedly being highly integrated.

Join Our Community

We have written twice over the last week concerning the energy crunch, first in China and then in India.

Thermal coal prices have risen to record levels, threatening to impact GDP growth as a result of electricity rationing.

The Financial Times observes that China has suffered a triple whammy of emissions restrictions on power generation, a shortage of coal, and price caps on electricity that mean demand is unaffected as input costs have risen. India, which relies heavily on coal for its thermal power plant, is facing tight supplies and record prices. Nationally, it has only four days of stocks left.
Europe energy costs on the rise

But energy — whether it is in the form of coal, natural gas or oil — is a global commodity. Both Europe and the U.S. find themselves with their own set of challenges, more skewed to the tight natural gas market and rising global oil prices.

The U.K. is not alone but is possibly the most acutely exposed to Europe’s reliance on imported natural gas, particularly from Russia.

U.S. gas contracts for November delivery surged nearly 40% this week to hit £4 per therm (having started 2021 below 50p).

But a surprise announcement by Vladimir Putin yesterday saying Russia was prepared to increase supplies to stabilize prices prompted a sharp sell-off, sending the price down to £2.87.

Whether it stays there will depend in large part on whether Russia can honor that commitment in the months ahead. Russian state gas supplier Gazprom has come under intense criticism for deliberately shipping to no more than its minimal contractual obligations this year. The reality is Russia’s own inventory levels are also depleted after a harsh winter.

Related: WTI Oil Price Breaks $80 For The First Time Since 2014

It is probably fair to say Europe’s energy markets are particularly exposed to supply disruptions despite supposedly being highly integrated.

Many large industrial consumers have complained that the E.U.’s Green Deal to make the bloc climate neutral by 2050 will only push up energy prices further. In turn, that could ultimately lead to social unrest. For example, high energy prices resulted in the French “gilets jaunes,” or yellow vests, demonstrations in 2018-2019.
Inflation, energy cost impacts

Rising energy prices have fueled inflation that was already being stoked by commodity price increase and supply chain problems for much of this year. Rising energy costs and inflation have been contributing factors in the August fall in German industrial orders. Orders fell 7.7%, a far sharper fall then economists had expected.

Meanwhile, rising energy costs have prompted the closure of large energy consumers across Europe, such as ammonia and fertilizer production. Meanwhile, in the U.S., oil prices this week hit the highest level in seven years after OPEC+ decided to maintain current production levels, which will see a planned increase of just 400,000 barrels a day from November.

U.S. administrators have talked about release from the strategic petroleum reserve and even limits or a ban on U.S. exports of crude oil to limit domestic oil price rises. The average price of gas at the pump has reached $3.19 a gallon, the highest in seven years.

The U.S. economy does not appear to be unduly hindered by the price rises yet. The private sector added a higher-than-expected 568,000 jobs in September, the biggest rise in three months. However, with midterm elections next year, high gas prices will not go down well with voters.
Looking ahead

Buyers of European components may expect to see some inflation in prices this year and next. Cost increases are coming, not just from metal prices but energy, wage costs and continuing logistics delays in Europe.

It is to be hoped the continent copes through this winter and cost increases do not derail the recovery. While manufacturers have been riding a wave of unprecedented demand recovery, it should not be mistaken as unstoppable.

A number of factors are converging to push up costs while potentially dampening demand. That makes a toxic mix for a still-fragile recovery.

By Stuart Burns via AG Metal Miner

More Top Reads from Oilprice.com:
Posted at 05/10/2021 17:11 by waldron
INVEZZ



Shell share price forecast as crude oil and natural gas prices soar

By: Crispus Nyaga

on Oct 5, 2021

The Royal Dutch Shell share price skyrocketed to the highest level since February.

The stock soared as the price of crude oil and natural gas soared.


We explain why the stock will soon hit 2,000p in London.

The Royal Dutch Shell (LON: RDSB) share price skyrocketed to the highest level since February 2020 as oil and natural gas prices soared. The stock surged to 1,707p, which was about 110% above the lowest level since October last year.
Crude oil and natural gas prices surge

Royal Dutch Shell is one of the biggest upstream, midstream, and downstream oil and energy companies in the world. The firm explores, stores, trades, and sells oil and gas globally.



Therefore, like other integrated oil companies, Shell has benefited from the surging oil prices. The price of Brent surged to more than $83 while the West Texas Intermediate (WTI) soared to more than $80. This is notable since oil prices crashed to the negative zone at the height of the Covid panic in 2020.

The rally was supercharged by an OPEC+ meeting that happened this week. The cartel decided to leave their supply goal intact, meaning that they will continue adding 400k barrels per day every month. This monthly increase was significantly smaller than what analysts were expecting. As such, some analysts believe that oil prices will soar to $100 per barrel soon.

At the same time, the price of natural gas has rocketed to a multi-year high. With countries facing significant energy shortages, there is a likelihood that the prices will keep rising as winter approaches. The natural gas prices are notable since Royal Dutch Shell is one of the biggest dealers around the world.

To some extent, the pandemic helped Royal Dutch Shell and other supermajors like BP and Exxon. It pushed some of these companies to sell non-core assets and cut their costs. As a result, what remained are relatively smaller companies that are more efficient.

Therefore, the Shell share price will likely keep doing well as cash flow rises and the company increases its shareholder returns.
Shell share price forecast

The weekly chart shows that the RDSB share price has been in a bullish momentum in the past few weeks. Indeed, it has risen in the past four straight weeks. At the same time, it has moved above the key resistance level at 1,487p, which was the previous year-to-date high.

The price has moved above the 25-day and 50-day moving averages and the 50% Fibonacci retracement level.

Therefore, there is a likelihood that the bullish momentum will continue as bulls target the next key resistance at 2,000p.
Shell share price data is direct from the London Stock Exchange