Shell Share Discussion Threads

[waldron] 22/9/2021 16:37

U.S. Oil Inventories Fall as Refineries Restart After Hurricane
22 September 2021 - 05:21PM
Dow Jones News


By Dan Molinski

U.S. oil inventories fell last week and gasoline supplies climbed as refineries boosted activity following Hurricane Ida-caused outages, according to data released Wednesday by the Energy Information Administration.

Benchmark U.S. oil prices that were higher before the mixed-to-bullish report came out held on to most of those gains afterward. The Nymex front-month crude contract for November delivery was recently up 1.5% at $71.56 a barrel.

Crude-oil stockpiles dropped by 3.5 million barrels to 414 million barrels, and are now about 8% below the five-year average, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would fall by 2.4 million barrels from the prior week.

Oil stored at Cushing, the delivery point for U.S. stocks, fell by 1.5 million barrels from the previous week, to 33.8 million barrels, the EIA said in its weekly report.

U.S. crude-oil production rose by 500,000 barrels a day last week to 10.6 million barrels a day, according to EIA, as offshore output continued to recover from Ida.

Gasoline stockpiles climbed by 3.5 million barrels to 221.6 million barrels, compared with analysts' expectations for inventories to decrease by 1 million barrels from the previous week.

Distillate stocks, which include heating oil and diesel fuel, fell by 2.6 million barrels to 129.3 million barrels, and are now about 14% below the five-year average, the EIA said. Analysts were forecasting a 900,000-barrel decline from the previous week.

The refining capacity utilization rate surged 5.4 percentage points from the previous week to 87.5% as plants came back online after Ida-caused power outages. The sharp increase compared with analysts' forecasts for just a 1.8 percentage-point increase from the previous week.

U.S. oil inventories for the week ended Sept. 17:


Crude Gasoline Distillates Refinery Use
EIA data: -3.5 +3.5 -2.6 +5.4
Forecast: -2.4 -1.0 -0.9 +1.8



Note: Numbers in millions of barrels, with the exception of refinery use, which is in percentage points.

Write to Dan Molinski at [e-mail]



(END) Dow Jones Newswires

September 22, 2021 11:06 ET (15:06 GMT)

[waldron] 22/9/2021 14:00

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






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
1475 to 1575p$$$$$$$$$$ WE ARE HERE TODAY $$$$$$$$$$$$$$$$$$$
1575 to 1675p
1675 to 1775p$$$$$$$$$$$ BERENBERG TARGET 1720p
1775 to 1875p$$$$$$$$$$$ UBS TARGET 1860p
1875 to 1975p$$$$$$$$$$$ JEFFERIES TARGET 1950p
1975 to 2075p
2075 to 2175p
2175 to 2275p$$$$$$$$$$ RBC TARGET 2200p


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

August 2021 ends at 1431p

[daveboy19] 22/9/2021 12:55

Yep, b loody remainers. It would be fine if they just accepted democracy and moved on. Just like we have to accept that the US voted in an incompetent president due to TDS.

[waldron] 22/9/2021 12:38

Whats Brexit got to do with an international anglo dutch oil company anyways

at present its general market sentiment,covid and climate change,OIL AND GAS pricing etc etc

all in favour of an upward trend

say AYE

[cassini] 22/9/2021 12:26

It's 'BDS' - Brexit Derangement Syndrome.

It's a Thing...

Same as TDS - Trump Derangement Syndrome.

However, unlike TDS which cures itself after four years, BDS may last forever...

[porsche1945] 22/9/2021 11:50

These should be 50 pc higher and would be if listed anywhere else in the world except dogsxxt index ftse 100. I see USA has told fat bunter to forget any sort of trade deal ( brexit what an epic fail ), mind you Trump never did it in the end either. Unless dividend is meaningfully increased these are going to keep struggling, pity.

[geckotheglorious] 22/9/2021 11:47

Everyone mentioning the cost of batteries forget that in 10+ odd years time when it comes to replacements the cost/efficiency of new batteries will be vastly superior to todays current £15,000.

Battery prices are falling. And falling fast. See Tesla and the %% cost of the car that the battery represents.

More efficient and cheaper batteries are coming every year.

[waldron] 22/9/2021 11:06

Royal Dutch Shell A
1,522.8 +2.27%



Royal Dutch Shell B
1,515.4 +2.07%

Nice to see

To see nice markets and oilies again araisin

[scobak] 22/9/2021 11:04

ev = limited mileage range + long charge time.
Internal combustion engine = much larger mileage range + minutes only refuelling.

Also cost of vehicles have big differential.

Common sense applies.

[smith99] 22/9/2021 10:41

I see the whole ev car con as a means of getting the public to pay for battery storage on the national grid.

[red5] 22/9/2021 10:30

Yes i see this going up a bit too.

[tornado12] 22/9/2021 09:48

Maybe this is the start of the 2nd phase recovery to 18 quid which RDS should already have reached as the world is running to fully open. Assuming Covid can remain in control, then that for sure will happen. This together with strong control of costs, maintaining oil price at 75$, and upgrading the portfolio for right balance between low cost oil extraction and move to servicing & generating renewables, I expect the Divi to increase YoY at something significantly more than CPI. Patience is the key here and expectation that Shell will remain at the front of World Energy in future. I would be happy with another +10% increase in quarterly divi while the company reduces the share float at these low prices.... great opp which might not come again anytime soon

[lippy4] 22/9/2021 09:13

well they do say its takes 4-5 years for an electric car to be carbon neutral as every thing that is manufactured creates c02..

[adg] 22/9/2021 09:02

I'm an engineer and also an eternal car nut.. and the cost of that battery replacement really surprised me - It really is a con - how long does the average car last today ? maybe 20 to 25 years ? So an EV with likelihood of a battery change after say 10 years will cost the owner say £10k to £15k after it stops holding a charge.... needing a new pack of cells - how can that be eco friendly or (eco)nomically friendly !?

Those being sucked into to the EV move are not getting the whole story.

[waldron] 22/9/2021 07:28

European stocks head for higher open as markets prepare for Fed update

Published Wed, Sep 22 202112:21 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to open higher on Wednesday as global investors await the outcome of the latest meeting of the U.S. Federal Reserve and as tensions ease over embattled Chinese property developer Evergrande.

Britain’s FTSE is seen opening 16 points higher at 6,985, Germany’s DAX 52 points higher at 15,364, France’s CAC 40 up 28 points at 6,566 and Italy’s FTSE MIB 11 points higher at 25,059, according to IG.

[xxxxxy] 22/9/2021 07:26

Hanlon's Razor20 Sep 2021 7:16PMThe idiots in charge are still not facing reality. You can have as many windmills as you wish, but you need to have a credible backup when the wind doesn't blow, and we don't. Politicians have brought this situation about, they have ignored the warnings for years and now we are stuffed. You can't fix this quickly.290LikeReplyIVAN NOBLE20 Sep 2021 7:18PMToo many vested interests in green nonsensePutin is laughing at our idiots.... Daily Telegraph

[chiefbrody] 21/9/2021 20:37

Yeh i'm down with that. Let's get back to the old Div. Prob nigh on 10% at todays share price Should light a rocket under the share price

[husted] 21/9/2021 20:17

I'd rather they focused on higher regular dividends than a special dividend.

One-off dividends can rather evaporate when shares go ex-dividend.

But with higher regular quarterly dividends there's always another one coming along, so would push the shares north in lasting way.

[chiefbrody] 21/9/2021 19:56

Can you imagine if we have a harsh winter and bas supply issues that cause a spike in deaths of the old/vulnerable. Suppose the government might stop forcing all the Covid numbers down our throats.Special dividend please. I'll decide what to do with my share of the spoils. Sod the buybacks.