Shell Share Discussion Threads

[montyhedge] 07/2/2020 13:08

Any other bearish view or you all bullish?

[essentialinvestor] 07/2/2020 13:02

Mark, what type of levels are you seeing?, thanks.

[supermarky] 07/2/2020 12:51

imo there may be a small rally next week into xd which will be short lived. Trend definitely down and I have decided to wait until after xd to buy my first tranche. Holding my nerve for now.

[waldron] 07/2/2020 12:49

Ex-dividend date February 13, 2020

Record date February 14, 2020

Closing of currency election date (see Note below) February 28, 2020

Pounds sterling and euro equivalents announcement date March 9, 2020

Payment date March 23, 2020

[waldron] 07/2/2020 12:47

Royal Dutch Shell plc unaudited consolidated interim financial
statements for the twelve month period ended 31 December 2019




Prospectus Supplement dated 5 February 2020




Other content available on Shell's website and the content of any other
website accessible from hyperlinks on Shell's website is not
incorporated into, and does not form part of, this announcement.

The Documents have also been submitted to the National Storage Mechanism
and will shortly be available for inspection at

[neilyb675] 07/2/2020 12:18

how much is the next dividend in pence sterling likely to be >?

[waldron] 07/2/2020 12:01

Shell, Total reject China’s force majeure on LNG shipments
By Stephen Stapczynski on 2/7/2020

SINGAPORE (Bloomberg) - Two of Europe’s biggest energy companies rejected a Chinese force majeure on liquefied natural gas contracts in the latest twist to a drama that’s gripping global commodities markets.

Shell and Total didn’t accept the legal grounds for the move by CNOOC that would have freed it from its contractual obligations to take delivery of the shipments, according to people with knowledge of the matter.

While CNOOC is still likely to cancel delivery of the prompt cargoes, suppliers will probably seek compensation from the Chinese firm, said the people, who asked not to be identified because the matter is private.

CNOOC made the dramatic move as it struggled to take delivery of LNG because of constraints caused by the virus, which include a lockdown of more than 50 million people in more than a dozen cities. It was one of the first known cases of the legal clause being invoked in commodity contracts due to the epidemic, which has plunged raw materials markets into chaos.

Other Chinese firms, including PetroChina Co. and Sinopec Group, are mulling invoking force majeures on contracts, but haven’t officially declared yet. PetroChina was forced to delay discharge timings for multiple cargoes because it can’t get enough workers to its Rudong, Dalian and Caofeidian LNG terminals to run them at full capacity.

At least five LNG vessels headed to China have been diverted or are idling offshore as the coronavirus constrains the country’s ability to take deliveries and cuts demand, according to ship-tracking data compiled by Bloomberg and data intelligence firm Kpler.

China is the world’s biggest consumer of most raw materials, from energy products to industrial metals, and the disruptions in its purchases are creating havoc across global supply chains. While other financial sectors have bounced back after initial fears over the impact of the virus, the fallout in commodity trade is only worsening as Beijing restricts travel and keeps factories shut in an effort to halt the virus’s spread.

[montyhedge] 07/2/2020 11:59

What would you prefer Shell to go up or gain your 3rd gold star at McDonalds?

[fjgooner] 07/2/2020 11:47

Well, it is a beautiful sunny day here, so I'm off to the harbour.

Being rather flush with cash from my Micro Focus short, I may have a look at a boat or two.

Have a great weekend all (except the muppet above),

FJ :)

[montyhedge] 07/2/2020 11:47

Only 5 posters on here, 6 if you include the raving lunatic Fjgooner.So 2 out of 5. I would prefer special because then you decide if you want to buy more shares or not.Look at the money spent on buybacks over 2100p.The survey was tongue in cheek, don't take life so seriously.

[not my real name] 07/2/2020 11:37

montyhedge,

"So my survey says special dividend, I thought so."
------------------------------------------------------

Your "survey" which lasted 43 minutes and involved 2 people!

What a fricking idiot!

NMRN

[montyhedge] 07/2/2020 11:12

So my survey says special dividend, I thought so.

[montyhedge] 07/2/2020 11:04

Is it your day off from McDonalds, have you got 2 stars yet.

[fjgooner] 07/2/2020 10:58

From article above: "We noted earlier (see below), OPEC+ couldn't come to an agreement on Thursday about future production cuts ahead of the big meeting next month."

But from the previous article in my post above ...

1. Now the OPEC+ JTC HAS come to an agreement about future production cuts ahead.

2. The big meeting next month is being brought forward to this month.

Events move quickly sometimes. :)

[crossing_the_rubicon] 07/2/2020 10:51

Hmmm,plenty of ammo to back up the bearish case.

LNG prices for starters are weak, and what exactly is the Coronovirus and CHina wide shut down going to do to supply chains and Oil demand???


Coronavirus Triggers "Biggest Shock" To Oil Markets Since Lehman Crisis 
Evans-Pritchard said the plunge in consumption could be between three to four million barrels per day, adding that this amount is twice UK's North Sea oil output.
We noted earlier (see below), OPEC+ couldn't come to an agreement on Thursday about future production cuts ahead of the big meeting next month.
"It's now clear that coronavirus is a serious event risk to the entire world and that financial conditions are tightening very quickly," said Edward Harrison from Credit Writedowns.





Asia LNG prices plummet to record lows as China shuts down
Liquefied natural gas is selling at the lowest price on record in Asia, a troubling sign for U.S. energy producers who have relied on overseas shipments of shale gas amid a weak domestic market.

Asian LNG prices fell to $3/MMBtu today, plunging from above $5/MMBtu as recently as Jan. 15, as a glut in the commodity spreads from the U.S. all over the globe.

"The fundamentals were already really weak" even before the coronavirus outbreak stalled economic activity in China, says Ira Joseph, head of gas and power analytics at S&P Global Platts. "The whole market is really oversupplied."

That's bad news for a wide range of energy firms, from big oil names like Shell (RDS.A, RDS.B) and Chevron (NYSE:CVX), to independent firms that operate export terminals such as Chienere Energy (NYSEMKT:LNG), to shale gas producers such as Range Resources (NYSE:RRC), Cabot Oil & Gas (NYSE:COG) and EQT Corp. (NYSE:EQT)

In the U.S., natural gas prices tumbled below $2/MMBtu last month and have remained there, a remarkable drop given that prices for the heating fuel typically are at their highest levels in winter.

March nat gas futures closed today at $1.862/MMbtu, down 30% from a year ago despite record consumption by U.S. power plants and a surge in exports, both seaborne and across the southern border into Mexico via pipelines.

At prices below $2.25, producers likely will idle drilling rigs and cut production, Bernstein analysts say. "We anticipate this will happen over the coming weeks, which should provide some support to [H2 2020] prices."

[fjgooner] 07/2/2020 10:33

How desperate for upticks can anyone get? Very sad.

[montyhedge] 07/2/2020 10:29

Interested, I know only about 6 posters on here and one of course is a raving lunatic Fjgooner.What do you prefer special dividend or buybacks.Up tick for Buybacks down stick for Special dividend.

[montyhedge] 07/2/2020 10:18

To me Shell classic value trap, let's see what the price is after ex div.

[fjgooner] 07/2/2020 10:08

I'm saving this moronic post for posterity - what an utter muppet:

montyhedge
7 Feb '20 - 09:59 - 9489 of 9491
Can you imagine price without buybacks, I reckon back to 2016 low of 1475p.

[montyhedge] 07/2/2020 09:59

Can you imagine price without buybacks, I reckon back to 2016 low of 1475p.