Shell Share Discussion Threads

[xxxxxy] 09/6/2022 15:32

Gas prices have surged by more than a third after a fire at a large export terminal in the US threatened to wipe out deliveries and compound supply fears sparked by Russia's war.UK gas prices jumped as much as 39pc in early trading, while the European benchmark was up 16pc.A fire has forced the Freeport liquefied natural gas (LNG) facility in Texas, which makes up about a fifth of all US exports of the fuel, to shutter for at least three weeks. The US sent nearly 75pc of all its LNG to Europe in the first four months of this year.It comes as Europe ramps up its imports of LNG from the US amid concerns Putin could turn off the taps to the continent amid a row over payment in roubles.The extent of the damage to the Freeport facility is not yet clear, but analysts at Evercore ISI said the fire could potentially knock out about 16pc of total US LNG export capacity "for an unknown period if the fire damage proves difficult to repair."... Daily Telegraph

[spud] 09/6/2022 07:14

An Australian union calling a strike? Whatever next! ?That facility is cursed. If it was a car, it would have been built on a Friday at 4.55pm.spud

[adg] 08/6/2022 17:05

Compare BP and Shell 5 yr charts to Exxon and Chevron
As you rightly state - we own the company and sadly for us the management have ever so tiny testicles
Iv’e done well and remain invested but woulda been better off had they had nads 😳

[craftyale] 08/6/2022 15:23

China is waking up. The war rages on. Covid is over. Oil is expensive. I'm long SHEL.

[the white house] 08/6/2022 14:28

Added long Dec 2430

[oilretire] 08/6/2022 14:26

Re windfall tax and jackdaw as an example.Is this correct in the very simplest of terms?Money invested in developing the project will be offset against some UK profits over the next 2 to 3 years it'll take to get it online - win.By the time it starts up, the tax is due to be reviewed/dropped in 2025 or if poo sustains a period of sub $70/bbl before then - win win.

[the white house] 08/6/2022 11:43

Not all time, just recent time 25 & 26 have been hit not so long back

[the white house] 08/6/2022 11:42

Negligible was Jeffries amendment to their chart which had 6 companies and their potential downside 800m, 600m and lower.Shell literally off the chart. Irrelevance

[the white house] 08/6/2022 11:39

You sold a 1/3rd at 25p lower so prob not in the best place currently to assess

[the white house] 08/6/2022 11:38

a sell of 3.3m shares am is the answerBroken record rant same as 200p lower & 400p lowerBuy more if you want more action

[spud] 08/6/2022 10:34

Probably because its seen more as a growth stock now and not a yield. Also, how much more growth has it in it? Once oil drops, we are most probably looking at circa £15 with a yield of circa 3.7%.

And let's not even talk about the ludicrous stealth tax which will impact Shell all the more once Jackdaw is developed.

spud

[shellsell] 08/6/2022 08:31

After such a positive day yesterday in the US for all oil companies I thought we would have opened higher today. Why the lag?

[chiefbrody] 07/6/2022 18:21

They were pandering to government(s) as massive dividend hikes doesn't go down well with the left. Since both of the main political parties in the UK are currently awash with leftist policies......Now that the current government has gone nuclear with the threat of windfall taxes etc, Shell should do the honourable thing and either restore the previous dividend. Or get the fudge on with restoring it quickly and non of this 4% per annum increase nonsense.Not holding my breath. Lets see what happens in July with the next set of numbers (and the end of the current buybacks)

[xxxxxy] 07/6/2022 15:04

According to the late Anglo-American fund manager John Templeton, "this time is different" are the four most costly words in the annals of investing. To predict that high oil prices are here to stay might therefore seem likely very same high prices will also create their own demand destruction, often resulting in an outright recession as economies struggle to absorb soaraway energy costs.Demand abates just as all that new capacity comes on stream, causing prices to collapse and new investment to cease. Demand then comes back into balance with capacity, and eventually exceeds it. Prices start to rise, and the cycle begins again.But there are two big differences this time around – the climate change agenda and sanctions against Russia for its murderous assault on Ukraine. Even before the Russian invasion, it was obvious that climate change goals, which began to kick in with ever increasing intensity from around 2017 onwards, were going to result in a major supply problem.Despite continued reliance on hydrocarbons for virtually all our creature comforts, here was an industry said already to be obsolete, and therefore essentially uninvestable. Investment in exploration and development progressively slowed, and then ground to a virtual standstill when the pandemic hit. It was seemingly the end of the line for Big Oil.You are no longer needed, the oil companies were firmly told; your reserves of oil and gas will be left stranded with no one to sell to, and they are therefore not worth developing.Institutional investors, with ESG demands to answer to, piled in on top. But then enter stage left the villainous Vladimir Putin. Turns out we are going to need those big bad oil companies after all, and maybe even the pariah fuel of coal..... More.... Daily Telegraph

[lippy4] 07/6/2022 14:36

yes but before covid it was higher and now they have money coming their profits and we are still suffering a small divi..

[supermarky] 07/6/2022 14:22

all about the capital appreciation

[spud] 07/6/2022 14:04

Dividend 2.7% currently and falling...

spud