Shell Share Discussion Threads

[xxxxxy] 21/5/2025 08:30:40

By John Redwood......Ever dearer energyMay 21, 2025 The UK is seeking to join the EU emissions trading scheme. The UK set up a similar one on its own when we left the EU. Our scheme was less penal on power generation and industry than the EU one, giving us a lower carbon price. Our carbon price is now going up to get closer to the EU's, meaning more costs for the industrial and energy businesses that have to pay it.The UK also wishes to impose a carbon based tariff or border tax on imports just like the EU. That is a tax on UK consumers and businesses. Often we have to import as so much industry has been closed by high energy prices and taxes. The UK and EU may agree not to levy the new tariff on each other. The UK should make clear to the EU any attempt by them to levy it would be taken by the UK as a violation of our UK/EU tariff free trade Agreement. There is no need to submit to their carbon schemes to see off the threat of a new charge. The carbon border tax or tariff may well be challenged by other countries through the WTO and may be seen as a provocation by the US.The UK's insistence on high energy costs and prices is a main cause of the collapse of petrochemicals, steel, ceramics and other energy intensive industry. Far from boosting growth joining the EU carbon schemes would hit our industry further.

[santos123] 21/5/2025 07:42:48

Hi 74sjh.

Just signed the petition.

About time people stood up to the lunatic fringe, and said enough is enough.

Now 7,597 votes, including mine.
I hope we get the 10,000 needed.

Santos123

[cat33] 18/5/2025 12:13:47

Trinidad disposal https://oilman.beehiiv.com/p/oilman-jim-s-letter-may-18-2025Worth a look

[xxxxxy] 16/5/2025 08:50:25

https://www.telegraph.co.uk/business/2025/05/16/europe-turned-its-back-on-nuclear-now-racing-build-reactors/

[the white house] 14/5/2025 15:13:53

Divvy up tomorrow

[xxxxxy] 14/5/2025 13:23:45

Shell plc SHEL is under intensifying legal scrutiny as environmental organization Milieudefensie, the Dutch branch of Friends of the Earth, announces fresh legal action. The NGO, based in Netherlands, claims that by investing in new oil and gas projects despite a previous court decision requiring emissions reductions, the integrated oil and gas company violated its duty of care under Dutch law. This case could escalate tensions between fossil fuel corporations and climate activists pressing for stricter adherence to international climate goals.https://uk.finance.yahoo.com/news/shell-faces-renewed-legal-pressure-093900600.html

[xxxxxy] 13/5/2025 12:11:13

In Washington, Lindsey Graham, a Republican senator from South Carolina, has devised a sanctions bill designed to punish Putin's intransigence by suffocating Russia's oil exports. Graham's sanctions would impose tariffs of 500 per cent on any country that imports Russian hydrocarbons, a punitive measure that would probably deter even China and India from buying Putin's oil, thus depriving the Kremlin of its single largest source of revenue.This bill has gained the public backing of 70 out of 100 Senators. If Trump gives the word, it will pass. But he has not given the word; in fact he has not recently signalled any willingness to turn the screw on Putin....Daily Telegraph 13 5 25

[74sjh] 09/5/2025 15:16:05

In the wake of HBR job losses, please take a moment to sign the parliament petition to restart licences in the North Sea which is still running with 2 months to go.Currently at 7,274 and looks like it will just fall short of the 10,000 required unless it gets more support.Whilst it does not address the EPL, it does send a message to Miliband. Please sign and pass on if not already done so.https://petition.parliament.uk/petitions/707101

[the white house] 08/5/2025 07:20:38

13m share sale @ £24.27 = £315m processed last few days. 7 days of buybacks worth absorbed. Better day today, hopefully

[xxxxxy] 07/5/2025 15:32:47

One of the UK's largest oil and gas producers has been forced to cut 250 jobs in Aberdeen, blaming the Government's windfall taxes for making the Britain's energy industry unprofitable.Harbour Energy, which operates in the North Sea, said a review of its operations would lead to the loss of 250 onshore roles – equal to 25pc of its workforce....Daily Express

[xxxxxy] 07/5/2025 11:23:23

Massive North Sea wind farm development halted over soaring costsMajor setback for Ed Miliband as Ørsted pulls plug on project intended to power 2.6m homes...Daily Telegraph

[philanderer] 06/5/2025 10:14:12

Market doesn't seem to like that BP story for SHEL very much.

[xxxxxy] 06/5/2025 08:28:00

By Richard ThomsonIt's very simple really. Stop subsidizing wind and solar farms and let these companies supply power into the grid at a price that's competitive with gas. Part of the contract would, of course, be a clause that stipulates a continuous supply that's not dependent on the unreliable weather. Where they get that power from when the wind doesn't blow or the sun doesn't shine is their problem. Let them fund their own standby gas plants if necessary or whatever else they want to do to ensure a continuous supply. In the real world nobody contracts with unreliable suppliers and neither should our National Grid...Daily Telegraph

[jrphoenixw2] 05/5/2025 17:27:55

ChiefB: 'So Shell is considering a bid but the boss man has just said he’d rather buy back his own shares. Who writes this nonsense.'

No offence intended but this response reminds me of why you see zillions of 'Trump withdrew, U-turned, backed-down' etc headlines when we're witnessing steps on a journey (hard-ball negotiation with him, or possibly considering a corp take-over here with Shell).

I mean of course Shell can't announce they're weighing up a take-over of a competitor and so 'big them up' + the share price. Better they infer Shell's own stock is cheap, hence buy-backs are their focus.

I wouldn't be surprised if Shell and many corporates periodically and routinely scan the market for the potential from a merger. If this story is true, that is all this might simply be. And if BP are currently down on their luck, I think it would be remiss of Shell to not give a merger a once-over.

[adrian j boris] 05/5/2025 09:09:14

Shell Reportedly Studying BP Bid
By Irina Slav - May 05, 2025, 2:30 AM CDT

Shell is reportedly considering a takeover bid for fellow supermajor BP, which has seen its fortunes dim recently after its rather premature bet on a fast energy transition. The report comes from Bloomberg, which quoted unnamed sources familiar with the developments.

The Financial Times, meanwhile, quoted Shell’s chief executive, Wael Sawan, as saying he would rather buy back Shell’s own stock than take over BP. “We will always look at these things, but you are also looking to see what the alternative is,” Sawan told the FT. “Right now, buying back Shell [shares] for us continues to be absolutely the right alternative to go for.”

“As we have said many times before, we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline and simplification,̶1; a Shell spokesperson told Bloomberg in an emailed response to the report.

The Bloomberg sources, however, said the supermajor was studying a takeover that would depend on whether the BP stock will continue to decline, after shedding close to 30% over the past 12 months. At the same time, the sources added that nothing was certain and Shell might eventually decide to focus on share repurchases and bolt-on acquisitions, the Bloomberg report said.

BP reported a net profit of $1.38 billion for the first quarter, missing analyst expectations and booking a 49% annual decline in its net result. It also said it would spend $750 million on share buybacks.

Shell, meanwhile, reported stronger than forecast net figures for the first quarter, at $5.58 billion, which was down 28% on the year. The supermajor also said it would spend $3.5 billion on stock repurchases over the second quarter of the year.

Shell currently has a market value that is twice as high as BP’s, at close to $200 billion versus BP’s $74 billion.

By Irina Slav for Oilprice.com

[russ1983] 04/5/2025 22:58:24

Just tactics from shell. Say focussed on buybacks not BP, while secretly working on a bid

[chiefbrody] 04/5/2025 20:44:46

So Shell is considering a bid but the boss man has just said he'd rather buy back his own shares.Who writes this nonsense.

[jrphoenixw2] 04/5/2025 20:09:35

'Shell considers bid for BP amid rival’s net zero crisis
FTSE 100 giant explores possible takeover after rival reverses pivot to green energy. --
Shell is considering a takeover of BP after the oil giant’s botched pivot to net zero left it vulnerable.
FTSE 100 giant Shell is seriously exploring how feasible and beneficial a takeover of BP would be, according to Bloomberg. It is engaging with advisers to plan out what a deal would look like.
It comes amid turmoil at BP over its approach to green energy. The company vowed to slash its oil and gas production and invest heavily in renewables in 2020, making the boldest commitment to net zero in the fossil fuel industry.

A deal between Shell and BP would be likely to attract intense political and regulatory scrutiny Credit: David Paul Morris/Bloomberg

Shell is considering a takeover of BP after the oil giant’s botched pivot to net zero left it vulnerable.

FTSE 100 giant Shell is seriously exploring how feasible and beneficial a takeover of BP would be, according to Bloomberg. It is engaging with advisers to plan out what a deal would look like.

It comes amid turmoil at BP over its approach to green energy. The company vowed to slash its oil and gas production and invest heavily in renewables in 2020, making the boldest commitment to net zero in the fossil fuel industry.

However, the strategy failed to deliver financial returns and BP has recently abandoned the plans in favour of a return to focusing on oil and gas. It follows intense pressure on management from US hedge fund Elliott Management, which has become one of BP’s biggest shareholders after building a 5pc stake.

The muddle at BP has left its stock price languishing. Shares have slumped 30pc over the last 12 months and are just 11pc above where they were when BP launched its green energy strategy. By contrast, Shell’s stock has rallied almost 90pc over the last five years as it has focused on oil and gas. The divergence has left BP worth just £55bn, compared to Shell’s £148bn.
A combination of Shell and BP has long been speculated but a deal would be likely to face intense political scrutiny and attract the attention of competition regulators. Any deal would also trigger a bonanza of fees for advisers and bankers.
Shell is understood to be biding its time and awaiting further drops in BP’s shares and oil prices before deciding whether to bid.
A Shell spokesman said: “As we have said many times before we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline and simplification.”
[These are excerpts from this full article dated this pm:

[jrphoenixw2] 04/5/2025 20:00:26

ChiefBrody/5544 - 'Yup. The board clearly have no interest in increasing the very very average dividend.. Just zillions of buyback.
Wouldn’t matter if the buybacks were propelling the share price to new highs mind.'
--------------------------------
Trouble is if a company with a mass consumer staple, never mind a 'sin-product' pays out too high a div (either headline or %) and it's inviting tabloid then government fury, then yet further taxes.
Hence it's presumably considered stealthier to keep the div payments more modest but ramp up the rather publicly lesser-visible buy-backs?

[xxxxxy] 04/5/2025 15:08:26

David SandersonShell should merge with BP and put Labour on notice that unless they stop persecuting oil and gas and overtaxing, they'll delist from London and move the listing of the combined entity elsewhere....Daily Telegraph

[xxxxxy] 04/5/2025 15:05:46

Shell plots bid for BP amid rival's net zero crisisFTSE 100 giant explores possible takeover after rival reverses pivot to green energy....Daily Telegraph...4 5 25

[grupo] 03/5/2025 15:18:46

Shell CEO Prefers Share Buybacks to Takeover Bid for BP

Published on 02/05/2025 at 17:01

(MT Newswires) -- Shell (SHEL) CEO Wael Sawan prefers to repurchase more of the company's shares rather than initiate a takeover bid for BP (BP), the Financial Times reported Friday, citing the executive.

Sawan also told the news outlet that the company was well-prepared for lower oil prices in the coming months.

Sawan said that Shell's balance sheet was in the best shape in the past ten years, with leverage at below 19%, or 7% excluding the company's equipment leases, according to the report.

Shell did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

[loganair] 03/5/2025 08:47:46

Shell rose 1.97% after the oil major reported stronger-than-expected first-quarter earnings and launched a $3.5bn share buyback. Adjusted profit came in at $5.58bn, well above the $4.96bn consensus, on revenue of $69.23bn.

Despite slightly softer-than-forecast operating cash flow of $9.28bn, the company also declared a dividend of 35.8 cents per share and reported net debt of $41.52bn.

[patientcapital] 02/5/2025 21:13:41

I hold both. Shell isn't the only potential bidder.