Shell Share Discussion Threads

[badg] 03/8/2021 15:17

So infuriating... 3 times it has tried to get above 14.50 and today at 14.67, i thought it was the day; especially on the back of results and BP's announcements - but no! Giving it all back... It's a hold for me!

[supermarky] 03/8/2021 14:28

yep needs to break 1500looking go though.Waiting to top up on break and hold over 1500 area

[lammergeier] 03/8/2021 10:57

The shorters and oil traders can keep a quality share down some of the time but

not all of the time.Still well undervalued compared with its American peers.

[my retirement fund] 03/8/2021 10:38

This really needs to break that £15 glass ceiling. This may be the last chance to buy for the long term dividends at this level. A return to over £20 in a year or so must be a certainty now.

[waldron] 03/8/2021 07:58

European markets set for cautious open as investors react to major earnings

Published Tue, Aug 3 20212:00 AM EDT

Elliot Smith
@ElliotSmithCNBC


Key Points

Tuesday marks another big day for corporate earnings in Europe, with BP, Standard Chartered, BMW and Societe Generale among the big names reporting.

On the data front, euro zone producer price inflation readings for June are due at 10 a.m. London time.

LONDON — European stocks are set for a muted open on Tuesday as global markets search for direction amid earnings, rising Covid-19 cases, Chinese tech regulation and U.S. growth worries.

Britain’s FTSE 100 is seen around 10 points lower at 7,072, Germany’s DAX is set to inch a single point higher to 15,569 and France’s CAC 40 is expected to slip around 3 points to 6,673, according to IG data.

[geckotheglorious] 02/8/2021 17:24

XXXXY

Too many of the idiots I fear 5x!

Supah, vote for me then :)

I know the exact medicine needed to cure all our country's ills..and it start from the bottom up eradicating wokeness, reliance on the state,absence of get up and go.

Put me in charge, I'll sort much of it out in the first 48 hours, and the rest within 6-12 months.

[xxxxxy] 02/8/2021 14:27

Pending Approval2 Aug 2021 1:58PMRather than replace perfectly good ICE cars and Gas boilers with inferior 'green' replacements, why not simply replace the idiots who are promoting this insanity.I'm beginning to feel a right-wing military dictatorship maybe preferable to the bunch of incompetents we have ruining the country..... Daily Telegraph

[xxxxxy] 02/8/2021 11:50

Coal-fired Germany is burning 27 times faster than Brexit Britain, 3 mths before COP26EU's largest economy remains a major coal-hungry polluter, despite 'green agenda'?Montage Facts4EU.Org 2021Brexit Britain leads EU (once again) on major source of pollution, even without 'climate change'Less than three months before Boris Johnson hosts world leaders in Glasgow on 31 Oct 2021 as part of the UK's presidency of the UN's Climate Change Conference of the Parties – COP26 – Facts4EU.Org reveals some stark facts on this hot topic.As a massive consumer of energy, Germany will of course be present in Glasgow. Our analysis and summary looks at one aspect of the whole climate change narrative – coal power – and compares the United Kingdom with the EU's largest economy: Germany. Regardless of any climate change arguments, the burning of coal is considered by most people as a big polluter. Hence this report.IMPORTANT : The climate change debate is rapidly becoming highly relevant to ordinary people, as the UK Government has embarked on unprecedented and highly expensive policies which will affect everyone. Many of these policies proscribe what readers will be allowed to do in the near future, and they most certainly will cost each and every reader a lot of money personally.The Climate Change Act and its subsequent amendments are set to affect individual freedoms, and as such Facts4EU.Org believes that the 'fog' should be cleared and people need to be informed in simple and unambiguous terms what is being done in their name.If we had funding we would of course address all aspects. Given our extremely limited resources, however, all we can do is raise public awareness with occasional, short, one-topic reports such as the one below. We ask readers please only to comment on the content of each article, rather than straying into the much wider debate.Germany, coal, and pollution in Western EuropeAmongst environmental scientists coal is seen as the No.1 polluting energy source in terms of the amount of CO2 it produces per unit of energy. It is one of a family of fossil fuels, but it is the most significant.

[loganair] 02/8/2021 10:39

Confident outlook for Shell, says Interactive Investor:

Royal Dutch Shell (RDSA) has boosted shareholder returns after profits soared to $5.5bn in the first half of the year, putting management in bullish mood, says Interactive Investor.

Shell was forced to slash its dividend at the height of the Covid-19 pandemic last year, the first cut it had made since the Second World War, but a ‘strengthened balance sheet and improved economic outlook underpin management’s confidence in launching a $2bn share buyback programme and hiking the dividend by 38%’, said analyst Keith Bowman.

Bowman said a 150%-plus rise in the oil price since pandemic lows in March 2020 had ‘boosted cashflows’ and reduced debt.

‘An increase in shareholder returns is now being made, with the increase in the more permanent dividend payment seen by management as an indicator of its outlook confidence,’ he said.

‘For now, and with analysts estimating a fair value price of over £17, market consensus opinion remains highly favourable in tone, pointing towards a “strong buy”.’

[the white house] 02/8/2021 09:39

Daily buybacks and just the 10 days til divvi day, oil above 74, Gas pushing 4, things looking much brighter

[waldron] 02/8/2021 07:40

European stocks set to edge higher, tracking positive global sentiment

Published Mon, Aug 2 20212:08 AM EDT

Elliot Smith
@ElliotSmithCNBC


Key Points

Earnings are in focus once again in Europe on Monday, with Heineken, AXA and HSBC among the big names reporting.

On the data front, final Markit manufacturing PMI (purchasing managers’ index) readings for July are due from across the euro zone and the U.K. on Monday morning.

LONDON — European stocks are set to open higher on Monday, tracking positive sentiment around the world to begin the month.

Britain’s FTSE 100 is seen around 34 points higher at 7,066, Germany’s DAX is expected to add around 69 points to 15,613 and France’s CAC 40 is set to climb around 33 points to 6,646, according to IG data.

[husted] 01/8/2021 18:21

Earnings call transcript useful imo

[waldron] 31/7/2021 14:18

HERALD SCOTLAND

30th July

Shell defends North Sea business as Shetland field plan angers campaigners

By Mark Williamson @MarkW Herald Group Business Correspondent

Shell operates a range of assets in the North Sea including the Shearwater Platform east of Aberdeen


Shell operates a range of assets in the North Sea including the Shearwater Platform east of Aberdeen

ROYAL Dutch Shell boss Ben van Beurden has mounted a vigorous defence of the production of oil and gas in the North Sea insisting calls to ban it on environmental grounds are misguided.

Speaking after the Anglo-Dutch giant posted a dramatic increase in profits, Mr van Beurden said: “As long as the UK still needs oil and gas in its consumption for its society … it’s better to produce it in its own back yard for the climate, for the balance of payments.

[waldron] 31/7/2021 14:06

Royal Dutch Shell Commences Major Divestment of Assets in Nigeria
July 31, 2021 5:45 am


*Shallow water and onshore assets to be offloaded

*Sale documents issued, EOIs due September 10

Emmanuel Addeh in Abuja

Royal Dutch Shell has launched a major divestment of its Nigerian assets, especially those in the shallow water and onshore, several sources familiar with the matter said yesterday.

Sources close to the company disclosed that the oil giant had already hired Standard Chartered Bank to sell its Shell Petroleum Development Company of Nigeria Limited (SPDC) subsidiary, in deal which could be one of the hugest in the oil and gas industry in Africa ever.

When contacted, a Shell spokesman, who confirmed the talks, told THISDAY last night that although consultations were ongoing about the planned sale, they were still at the early stages.

“Discussions with the Nigerian government are ongoing on the next steps for our onshore business in Nigeria. We are in the early stages of reviewing the commercial options,” the shell official stated.

Sources close to the transaction said that sale documents were issued earlier this week and Expressions of Interest (EoI) are due by September 10, with the vendor asking for non-binding offers in the subsequent second phase.

The source said: “Shell is selling the business because it no longer views its activities in the Niger Delta as core to its ongoing strategy, which is driven by the pressure from its investors, as confirmed by its CEO earlier this year.

“Also, several of the Oil Mining Leases (OMLs) have upcoming development costs, which Shell does not intend to fund, one of the sources added, but noted that the company will still retain its deep water assets in the country.

“The business will be worth several billions of dollars and Shell will want full-value offers for the deal but is strategically driven in this disposal and will likely prefer low execution risk to waiting for a knockout offer.

“It is very likely too large for any single acquiror,” another source said, adding that the valuation will ultimately be derived from different views on the separate assets, the shallow-water fields, the onshore fields and the infrastructure, for which there could be separate buyers.

The source adds: “Alternatively, Shell may sell portions of equity in the whole of SPDC to different consortia of buyers. But either way, buyers will need to have a local Nigerian element, it was understood.

“Several options were being weighed, because while private equity would struggle with the associated risk and with the expected necessary investment in the portfolio, public-listed entities would struggle to raise equity to execute the deal, given the ESG-derived sentiment for oil and gas in the public markets.

“Local sponsors may be interested, but this would constitute a very transformational deal, and would need significant lender support, the source said, noting that an international, private group with operating expertise, for example Perenco, or a Chinese player might make most sense.”

The SPDC Joint Venture (JV) is co-owned with Eni via its NAOC subsidiary with five per cent, TotalEnergies via its Total E&P Nigeria subsidiary with 10 per cent, and the Nigerian National Petroleum Corporation (NNPC) with the remaining 55 per cent.

In May, Royal Dutch Shell’s Chief Executive Officer, Ben van Beurden, while speaking at the company’s annual general meeting, said that Shell could no longer afford to be exposed to the risk of theft and sabotage.

Shell, operator of Nigeria’s onshore oil and gas joint venture SPDC, has struggled for years with spills in the Niger Delta as a result of vandalism, as well as operational issues, leading to costly repair operations and high-profile lawsuits. Many people, however, blame the company for the degradation in the Niger Delta environment.

In February, a Dutch court held Shell’s Nigerian subsidiary responsible for multiple oil pipeline leaks in the Niger Delta and ordered it to pay damages to farmers, leading van Beurden to call its Nigerian onshore assets a “headache”.

The company’s onshore joint venture SPDC has sold about 50 per cent of its oil assets over the past decade, with its stake in SPDC giving it 156,000 barrels per day of oil equivalent in 2020, of which 66,000 barrels were oil.
SPDC operates the company’s shallow-water and onshore asset interests via its 30 per cent interest in the SPDC joint venture, which supplies around 10 per cent of Nigeria’s gas demand.

It owns 360 producing oil wells, 60 producing gas wells and a network of 4,000 kilometres of oil and gas pipelines and flowlines, according to the Shell website.
On January 15, this year, SPDC completed the sale of its 30 per cent interest in OML 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Ltd, a related company of Heirs Holdings Ltd and Transnational Corporation of Nigeria Plc, for a consideration of $533 million.

In 2020, output from the SPDC JV, together with Shell’s SNEPCo subsidiary, fell from the record highs of 2019 but, at around 620kbpd of oil equivalent, remained close to the five-year average of 625,000bpd.

[waldron] 30/7/2021 19:09

Upcoming events on ROYAL DUTCH SHELL PLC


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
1375 to 1475p$$$$$$$$$$ WE ARE HERE TODAY $$$$$$$$$$$$$$$$$$$
1475 to 1575p
1575 to 1675p
1675 to 1775p$$$$$$$$$$$ BERENBERG
1775 to 1875p
1875 to 1975p$$$$$$$$$$$ JEFFERIES
1975 to 2075p
2075 to 2175p
2175 to 2275p$$$$$$$$$$ RBC



RECENT BROKER TARGETS


Berenberg hiked its target price for Shell's shares from 1,570.0p to 1,720.0p.


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 2021 ends at 1399p

July 2021 ends at 1419.8p

[waldron] 30/7/2021 18:10

Royal Dutch Shell A
1,443.2 -1.06%


Royal Dutch Shell B
1,419.8 -1.27%

[waldron] 30/7/2021 17:54

Alexander Bueso

Sharecast News

30 Jul, 2021 16:41

Berenberg on Shell stays at 'buy' on Shell after 'strong' Q2 numbers


Analysts at Berenberg reiterated their 'buy' recommendation for shares of Royal Dutch Shell following the outfit's second quarter numbers.


The day before, the oil major delivered a "strong" set of results and cash flow numbers, on the back of higher commodity prices , recovering retail sales and strong chemical margins.

Indeed, its $14.2bn of cash flow was second-highest ever recorded.

Hence Shell's decision to raise its dividend payout and restart share buybacks.

Furthermore, Berenberg expected the company's Integrated Gas division trading results to bounce back in the second half on continued strength in the market environment.

Looking out to the medium-term, it was possible that the company would need to increase its capital expenditures in order to maintain its guidance for 4% growth in its dividend yield, the broker's analysts conceded.

Nonetheless, for now "the improved dividend yield, rising earnings and strong FCF looks attractive, with the stock trading on 8x 2021E P/E. We reiterate our Buy rating."

Berenberg hiked its target price for Shell's shares from 1,570.0p to 1,720.0p.

[grupo guitarlumber] 30/7/2021 16:40

RDS.A: Shell Stock Price Underperforms Relative To Peers YTD, But Is Set To Outperform In Next Few Quarters


Seeking Alpha

[lammergeier] 30/7/2021 09:37

Hopefully the new $2 billion buyback programme will be carried out with the share

price on a more bullish run backed by dividend growth and profit growth.Rather than

than the last one when the share price declined from £24 to £8 with a background of

a bearish oil market and a shorting episode which should not have been allowed

Apparently the shares should be around £17 for fair value hence they should be a

strong buy at this level..Perhaps a 20% upside by Christmas will be a reasonable

target to aim for.

[waldron] 29/7/2021 22:57

Royal Dutch Shell A
1,458.6 +3.77%



Royal Dutch Shell B
1,438 +3.90%