Shell Share Discussion Threads

[waldron] 28/2/2020 17:40

Brent Crude Oil NYMEX 49.71 -3.90%
Gasoline NYMEX 1.48 -2.82%
Natural Gas NYMEX 1.71 -2.57%
WTI 44.61 USD -4.68%

FTSE 100
6,580.61 -3.18%
Dow Jones
25,096.09 -2.60%
CAC 40
5,309.9 -3.38%
SBF 120
4,215.94 -3.37%
Euro STOXX 50
3,329.49 -3.76%
DAX
11,890.35 -3.86%
Ftse Mib
21,913.61 -3.89%

Eni
11.158 -5.10%


Total
38.38 -3.28%

Engie
15.03 -6.09%


Bp
396.15 -4.35%

Vodafone
134.36 -4.75%

Royal Dutch Shell A
1,661.4 -4.05%

Royal Dutch Shell B
1,663.6 -3.97%

[bennodean] 28/2/2020 17:26

For the gap filling disciples amongst you... the one from early 2016 (at about £13.30 ?) the likely worst case scenario here ?

[yellow122] 28/2/2020 17:20

Spud

Could they afford the dividend 2 weeks ago? What’s changed short term? The price will bounce and the yield will reflect different to today.

You seem convinced IMB can afford their dividend

[spud] 28/2/2020 17:13

Yes but they can't afford both to pay the current yield and buy back the shares. They can't continue to do both. spud

[smith99] 28/2/2020 16:50

i thought the mentality behind the buybacks is to reduce the on going dividend commitment

[ianood] 28/2/2020 16:23

Spud, agree your comment re OPEC I reckon it's nailed on.

[waldron] 28/2/2020 16:20

chuckle

certainly giving me some buying opportunities

at present the baby has been thrown out with bath water

I FEEL THE MARKET HAS FURTHER TO FALL

BUT NO DOUBT I WILL WEAKEN AND BUY Too SOON

whatta choice we gotta

have a great weekend

[essentialinvestor] 28/2/2020 16:12

Waldron, indeed and thought of that when posting as it happens.

It is a balancing act. The cat is out of the bag now regardless.

[waldron] 28/2/2020 16:10

Shell Midstream to eliminate IDRs, will buy additional assets from Shell
Feb. 28, 2020 9:29 AM ET|About: Shell Midstream Partners, L.P. (SHLX)|By: Carl Surran, SA News Editor

Shell Midstream Partners (NYSE:SHLX) says it signed a deal with its general partner to eliminate all incentive distribution rights and economic general partner interest in the company.

Shell Midstream also agrees to buy Royal Dutch Shell's (RDS.A, RDS.B) 79% interest in the 300K bbl/day Mattox pipeline and certain logistics assets at the Shell Norco manufacturing complex.

In exchange for the assets and the elimination of IDRs, the sponsor will receive 160M newly issued SHLX common units plus $1.2B of Series A perpetual convertible preferred units at $23.63/unit.

Shell Midstream CEO Kevin Nichols says the transaction simplifies the company's structure and lowers its cost of capital.

[waldron] 28/2/2020 16:02

or perhaps not wishing to make panic where panic not necessary ,needed or required


EssentialInvestor
28 Feb '20 - 15:58 - 10255 of 10255
0 0 0
WHO have been a tad behind the curve on this.

[essentialinvestor] 28/2/2020 15:58

WHO have been a tad behind the curve on this.

[waldron] 28/2/2020 15:57

WHO raises coronavirus threat assessment, now says virus poses a ‘very high’ risk at a global level
Published Fri, Feb 28 202010:28 AM ESTUpdated Moments Ago
Berkeley Lovelace Jr.
@BerkeleyJr
Key Points

WHO officials said they are increasing the risk assessment of the coronavirus to “very high” across the world.

WHO Director-General Tedros Adhanom Ghebreyesus said health officials are seeing “linked epidemics of COVID-19 in several countries, but most cases can still be traced to known contacts or clusters of cases.”

[fjgooner] 28/2/2020 15:52

By summertime all of this panic will be no more than a distant memory.

Despite the global market turmoil, be happy that you're invested in a very well run, world class company.

Have a great weekend all.

[spud] 28/2/2020 15:38

"The panic mode is full on," Ipek Ozkardeskaya, senior analyst at Swissquote Bank, wrote in a morning note.

The market may be "entering the period of peak fear," Neil Wilson, chief market analyst for markets.com, said in a morning note. "Blood is running in the streets."

Other analysts accepted that coronavirus could weaken consumer demand and disrupt global supply chains, choking global economic growth and resulting in a bear market. Yet they argued the current sell-off is overblown.

"It appears that the market has gotten ahead of itself and a rebound should be around the corner," Jasper Lawler, head of research at London Capital Group, said in a morning note.

"The world isn't going to be pushed in a major recession just because of coronavirus." Naeem Aslam, chief market analyst at AvaTrade, concurred in a morning note

spud

[jw30] 28/2/2020 15:33

Even the Fed can’t do anything about it.

[waldron] 28/2/2020 15:27

Dow tumbles 1,000 points for third time this week as Friday’s sell-off worsens
Published Thu, Feb 27 20206:02 PM ESTUpdated 20 min ago

[bennodean] 28/2/2020 15:23

Trading will be suspended at this rate - on the whole market.

[invisage] 28/2/2020 13:27

I am thinking very likely Shell going to make a killing from trading Oil prices due to strong volatility read this





Shell and BP amongst biggest oil traders in the world, they know all the oil flows and have so much data.

They would have known IMO about this Oil price drop as they have all the data to hand of demand and supply picture to forecast and take futures positions to reflect their views.

[montyhedge] 28/2/2020 13:10

One thing I will say before I go, Oil will be back to $68 end of summer, not until then. OPEC won't cut this is their chance to finish a lot of US Shale companies, summer massive amount of debt due, they got away with it by pumping more, but a lot of Shale companies can't survive under $48 for WTI. So with less production, prices will rise, later this year.Good luck bulls, dividend will be paid, but buybacks may be suspended 30th April only my opinion of course.

[tornado12] 28/2/2020 12:53

I think they will stop the buybacks to conserve the coffers. In such calamity situations cash and cash flow are key survival lifelines for any business. It’s when you run out of cash that things can go really T*ts up ! I’m guessing there will be a number of businesses going to the wall due to this problem .... as was case in 2002,2008, and 2016 ... Im guessing we will repeat at least 2016 FTSE holocaust, but it recovered quickly within 1 yr and will do the same here

[montyhedge] 28/2/2020 11:46

Closed my short, great profit, good luck bulls.

[invisage] 28/2/2020 11:41

I suspect the Shell traders trading the oil price are making a fortune for Shell with all this volatility in the Crude and product prices, this will go a long way in offsetting oil price declines for upstream..

[w1ndjammer] 28/2/2020 11:24

Shell can borrow money at a lower rate than the 8% Divi

Do the maths it a no brainer buying buying shares back....

WJ.

[fjgooner] 28/2/2020 10:54

montyhedge,

Please tell us "what you reckon".

And pass on "what someone said".

Give us your view on buybacks.

Update your price target again and again (which is always the current price minus 20% presumably).

Or tell us once more when the dividend will be cut (despite the fact that it never has been since World War 2 and the Shell CEO has very recently stated that "we're not going to do that"). After all, you must know better than Shell's CEO and history.

And advise on a fake crude break-even price of over $60. (Although in the 2019Q4 result webcast, we were expressly told that it "was under $30 per barrel").

Or misrepresent global LNG prices as the same as those from over-capacity US shale sources.

You are so informative and helpful to readers of this BB.

To be fair you did get the price decline correct.

It only took 3 years, a trade war, global market meltdown and a medical pandemic to achieve, but well done, Nostradamus.