Shell Share Discussion Threads

[daveboy19] 20/7/2021 12:04

Tasty rebound here ...

[waldron] 20/7/2021 07:38

European markets set for strong rebound after global retreat on Covid fears

Published Tue, Jul 20 20211:15 AM EDTUpdated An Hour Ago

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open robustly higher on Tuesday, a day after global markets retreated on fears of a Covid-19 resurgence.

London’s FTSE is seen opening 35 points higher at 6,874, Germany’s DAX 110 points higher at 15,216, France’s CAC 40 up 42 points at 6,328 and Italy’s FTSE MIB up 92 points at 24,031, according to IG.

[misca2] 19/7/2021 18:08

BP bids potential $14B investment in Scottish offshore wind lease

Jul. 19, 2021 12:19 PM ETBP, EQNR...BP p.l.c. (BP), Equinor ASA (EQNR), Royal Dutch Shell plc (RDS.A)..

.By: Carl Surran, SA News Editor



BP (NYSE:BP) and partner EnBW say they submitted a joint bid for a lease area off Scotland's coast that could support offshore wind projects with capacity to generate 2.9 GW.

BP says its joint bid represents a potential £10B ($14B) investment into Scottish offshore wind projects and support infrastructure including ports, harbors and shipyards.

The bid focused on fixed-bottom wind turbines rather than floating turbines that comprised bids by other companies, BP's head for gas and low carbon Dev Sanyal says.

Equinor (NYSE:EQNR) says it submitted a bid for a floating wind power project in the leasing round.

The company already operates the 30 MW Hywind floating offshore wind farm off the Scottish coast and is a partner in several other British offshore wind farms.

The results of the ScotWind leasing round are expected to be announced early next year.

Royal Dutch Shell (RDS.A, RDS.B) and Iberdrola-owned ScottishPower said last week they were teaming up to place a bid.

[misca2] 19/7/2021 15:54

Energy stocks sink with oil prices following OPEC+ deal

Jul. 19, 2021 8:35 AM ETCVX, USO...BP p.l.c. (BP), BlackRock Energy and Resources Trust (BGR), Brent Futures (CO1:COM)...By: Carl Surran, SA News Editor48 Comments



Oil stocks plunge in pre-market trading alongside crude oil prices sinking after OPEC and its allies reached an agreement to gradually restore production to pre-pandemic levels.

WTI August crude (CL1:COM) -3.7% to $69.13/bbl, and September Brent crude (CO1:COM) -3.3% to $71.11/bbl.

OPEC and its allies will start raising output next month and continue until all of its 5.8M bbl/day of halted production has been revived.

The agreement has initially deflated prices, but several analysts including Citi's global head of commodities research Ed Morse say the market remains tight.

Goldman Sachs analysts agree the planned increase is moderate and will keep the market in deficit, while warning that oil prices may gyrate in the coming weeks due to concerns about the delta variant.

European oil majors Shell (RDS.A, RDS.B), BP, TotalEnergies (NYSE:TTE), Eni (NYSE:E) and Equinor (NYSE:EQNR) all trade sharply lower.

Among major movers in the U.S. pre-market: XOM -3.1%, CVX -2.6%, COP -3.8%, OXY -6.1%; MRO -6.7%, SLB -4.5%, HAL -3.7%, RIG -6.5%.

The top energy ETF (NYSEARCA:XLE) -3.3% pre-market.

ETFs: XLE, USO, UCO, XOP, VDE, GUSH, OIH, ERX, BGR, BNO, DRIP

Last week, the International Energy Agency said it still expects global oil demand to rise by 5.4M bbl/day this year and by another 3M bbl/day barrels in 2022.

[roy1982] 19/7/2021 15:52

TWH. I can assume that this is the first day of your school holidays

[the white house] 19/7/2021 11:52

Without looking with Brent comfortable above 71 and Gas up .4 pc at a huge 3.7 I can assume the share price is up'

[waldron] 19/7/2021 06:53

European markets set to open sharply lower as investors digest OPEC deal

Published Mon, Jul 19 20211:18 AM EDTUpdated 27 Min Ago

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open sharply lower on Monday as markets digest the latest OPEC + announcement regarding oil production and continue to brood on inflation.

Britain’s FTSE is seen opening 50 points lower at 6,953, Germany’s DAX 85 points lower at 15,440, France’s CAC 40 down 36 points at 6,416 and Italy’s FTSE MIB down 208 points at 24,472, according to IG.

[waldron] 18/7/2021 10:36

Upcoming events on ROYAL DUTCH SHELL PLC

JULY/29/2021 Interim 2021 Earnings Release

OCTOBER/28/2021 Q3 2021 Earnings Release

FEBRUARY/03/2022 FY 2021 Earnings Release (Projected)

MAY/05/2022 Q1 2022 Earnings Release (Projected)


DIVI DATES




Ex-dividend date for RDS A and RDS B August 12, 2021






WISHFUL THINKING PERHAPS FOR THE LONG LONG TERM TARGET


Should be fun to chalk it up BOX BY BOX

THE RDSB WISH LIST BOXES togetherwith Broker targets thrown in for good measure to make you laugh,chuckle,smile and or smirk


975 to 1075p
1075 to 1175p
1175 to 1275p
1275 to 1375p$$$$$$$$$$ WE ARE HERE TODAY $$$$$$$$$$$$$$$$$$$
1375 to 1475p
1475 to 1575p
1575 to 1675p
1675 to 1775p
1775 to 1875p
1875 to 1975p$$$$$$$$$$$ JEFFERIES
1975 to 2075p
2075 to 2175p
2175 to 2275p$$$$$$$$$$ RBC



RECENT BROKER TARGETS


Giacomo Romeo from Jefferies retains his positive opinion on the stock with a Buy rating. The target price is slightly modified from 1930 to 1950 GBX.



RBC analyst Biraj Borkhataria maintains his buy rating on the stock. The price target remains at GBX 2,200.




TIMES ARE A CHANGIN AS ARE EXPECTATIONS






31st december 2018 ends with 2340p

DECEMBER 2019 ENDS at 2,239.5

December 2020 ends at 1259.40p

January 2021 ends at 1272.2p

February 2021 ends at 1387.60p

March 2021 ends at 1335p

June 202§ ends at 1399p

[xxxxxy] 18/7/2021 05:58

John Cooper17 Jul 2021 8:48PMThe sad fact is the extreme left is the major threat to this country and it is winning in social media which for some reason is believed to represent public opinion in the eyes of our politicians.They make up, medical and race hate lies, put them out there and watch them snowball. The real fake news. And they get away with it.Independent sage are a favourite of the BBC - wonder if they will start pointing out they aren't that independent.....Daily Telegraph..... Perhaps much has been infiltrated by the Fat Left and so alternative views heavily suppressed. Think DT still fairly decent output but things changing I admit...... Seems we are entering some Far Left world of Orwellian misinformation..... and frightening really especially for children and grandchildren.

[xxxxxy] 18/7/2021 05:51

Major oil producers seeking to boost output will meet on Sunday, OPEC said, after negotiations earlier this month became deadlocked over plans to gradually ease production cuts.The OPEC+ grouping, which includes Saudi Arabia and Russia, will meet via videoconference at 1000 GMT on Sunday, the Vienna-based OPEC Secretariat said in a statement.The group's 23 members cancelled a meeting on July 5 that was supposed to overcome an impasse over crude output levels.Since May, the group has raised oil output bit by bit, after slashing it more than a year ago when the coronavirus pandemic crushed demand.At stake is a proposal that would see the world's leading oil producers raise output by 400,000 barrels per day (bpd) each month from August to December.That would add two million bpd to markets by the end of the year, helping to fuel a global economic recovery as the coronavirus pandemic eases.A further proposal seeks to extend a deadline on capping output from April 2022 to the end of 2022.But holding out against the new deal was the United Arab Emirates, which criticised the terms of the extension as unjust.Oil prices, which had already been sliding owing to concerns about the global economy, plummeted in April 2020 as coronavirus spread around the world and battered global consumption, transport and supply chains.OPEC+ decided to withdraw 9.7 million bpd from the market and to gradually restore supplies by the end of April 2022. Benchmark oil prices rebounded as a result.jza/tgb..... Yahoo Finance

[rburtn] 17/7/2021 12:40

If, xxxxxy, I wished to read the Telegraph's self-serving agenda, I would buy it and not get it second hand from you. Perhaps, if you hold so much store by what it preaches, you might ask them why the Telegraph, and the rest of the MSM, 'no platform' the real cause of Climate Change, water vapour depletion and peddle nonsense physics in industrial quantities.

[xxxxxy] 17/7/2021 11:11

Electric is nice, admittedly; but there has to commonsense and perspective of Reality.WOKE, is going to create poverty and a massive pollution problem that will become our children's Nightmare.

[xxxxxy] 17/7/2021 11:06

George Herraghty16 Jul 2021 9:44PMCosts of Going Green?The true cost of wind power is staggering and, despite wild claims to the contrary, is becoming EVEN MORE expensive, not less so!Audited accounts show that far from getting cheaper, wind power is actually becoming more expensive. The failure of the British civil service to detect this fact and, hence, to protect the consumer and taxpayer from the consequences of the looming failure of the renewables sector raises important questions about the analytic competence of the Whitehall machine.How do we know this?Because Professor Gordon Hughes has compiled data from audited accounts on the capital and operating costs of 350 onshore and offshore wind farms in the United Kingdom, a set which covers the majority of the larger wind farms (> 10 MW capacity) built and commissioned between 2002 and 2019. It is the largest study of its kind to date:Details here ---https://scotlandagainstspin.org/2020/10/wind-industry-claims-scorched-wind-power-costs-are-increasing-not-decreasing-stt... Daily Telegraph

[la forge] 16/7/2021 16:28

Shell, Iberdrola join in bid to build floating wind farms off Scotland

Jul. 16, 2021 10:57 AM ETIBDRY, RDS.A...By: Carl Surran, SA News Editor3 Comments


Royal Dutch Shell (RDS.A, RDS.B) says it is teaming up with Iberdrola-owned (OTCPK:IBDRY) ScottishPower to bid to develop large-scale floating wind farms off the coast of Scotland.

The partners say they submitted multiple proposals for the potential projects as part of the ScotWind leasing round.

Scotland could be at the forefront of the wind power sector, the companies say, potentially providing power for as much as 25% of the U.K. domestic market, or ~8M homes.

Many of Europe's major energy companies including BP, TotalEnergies (NYSE:TTE), Equinor (NYSE:EQNR) and Eni (NYSE:E) may place bids in the auction of 15 seabed locations for the next generation of wind farms.

Shell said recently it would increase total shareholder distributions to 20%-30% of cash flow from operations.

[rburtn] 16/7/2021 10:53

It really is quite hilarious - if you were of a particularly Machiavellian turn. So many things done in the name of Climate Change is counter-productive.
Take floating windfarms - cannot do otherwise than reduce surface evaporation.
Just as a reminder, a consequence of the Laws of Thermodynamics (No. 2) is that energy cannot flow from a body to one that is warmer. Atmospheric CO2 is colder than the surface of the Earth it is supposed to heat up. Period, no debate necessary.
Never mind, all that matters is that politicians and their sponsors make money - usually from the public purse.

[spud] 16/7/2021 08:10

Shell joins ScottishPower in bid to develop windfarms in ScotlandSource: Alliance NewsDutch Shell PLC on Friday said it has partnered with Glasgow-based energy firm ScottishPower to bid for the development of the first large-scale Scottish wind farm.spud