Shell Share Discussion Threads

[charggg] 17/7/2022 12:41

And still Shell management and BOD is sticking to its flawed green strategy of 2021 of reducing oil production 1-2% annually. How can shareholders, who have their other portfolio positions bleeding due to high oil and gas price inflation - not tell Shell that it needs to grow the oil and gas production alongside the renewables segment? One of the SeekingAlphas Shell article comments, summarized Shell's dilemma as following;"They (Shell) are being double punished. The traditional oil investor doesn't like the green initiatives, they prefer pure oil plays. And the greenies who they are trying to appeal to would never invest in an oil company. So no love for shell for the immediate future."

[waldron] 17/7/2022 08:04

With little new OPEC production capacity expected next year, that’s going to leave the world uncomfortably short of a supply cushion.

Unless, of course, demand growth turns out to be nowhere near as strong as the forecasters are suggesting. Maybe if we’re lucky.

[spud] 15/7/2022 16:30

Special Operation lol! spud

[supermarky] 15/7/2022 16:18

For what it is worth i topped up and added another 500 this morning. Looking at the 1 and 3 year charts and taking advantage of the summer malaise. Is there still a special operation going on in the Ukraine or is this not as important as love island or the rats in a bag of the tory leadership circus?

[lippy4] 14/7/2022 17:46

ben van beurden

give us the money through divis as we all have big gas bills to pay this winter..

[charggg] 14/7/2022 17:11

Waiting eagerly for Shell to break up so shareholders can choose to keep or sell upstream, LNG, green parts separately. Look at what the coal player, Thungelas spin off IPO by Anglo American achieved.

From the article ;
"We need to systematically pivot away from an oil and gas supply-based company to an energy transition company," he said, adding that cash was needed "to pivot into the energy system of the future, which needs to be built now and the fact that we have the cash to do that will be helpful."

[xxxxxy] 14/7/2022 16:26

The boss of energy giant Shell has warned of gas rationing in Europe this winter if Putin turns off the taps.Ben van Beurden said Russia had "surprised" the market with its willingness to weaponise gas supplies and warned that Governments should be prepared.There is mounting concern Russia will further cut off gas supplies to Europe in retaliation over sanctions due to Russia's war on Ukraine. It has already restricted supplies to several European buyers.Europe received about 40pc of its gas supply from Russia before the war, creating a major dependency that it is struggling to overcome.Speaking at the Aurora Spring Forum in Oxford, Mr van Beurden said: "For a long time we thought it was not in Russia's interest to cut off their largest market and to make the European market forever distrustful of Russian supplies."But it nevertheless is able and willing to weaponise energy supplies. So I think it [Europe] will be best advised to take very significant contingency plans into account."The Shell boss warned of "a really tough winter in Europe" if Russia were to cut supplies completely, with rationing a worst case scenario.... Daily Telegraph

[stronghands] 14/7/2022 14:41

My take. Now that the UK windfall tax has been set, Shell is now free politically to reset the dividend based on current/expected levels of profit. This latest statement is signalling that they will bump up the dividend in the Q2 results. It may also mean another share buyback and we've heard ad nauseum the buyback arguments so let's not bother going there again.

[spud] 14/7/2022 14:26

Or said another way, we've decided to squander YOUR money on another ridiculous buyback.

How this is returning money to us, the stakeholders, is beyond me!

spud

[supermarky] 14/7/2022 13:03

Look at the head and shoulders on that chart formation for shell on the 1 year chart. Let the lunancy continue over the summer. I am staying put and waiting for the current crazyness to fade.

[adg] 14/7/2022 12:28

Agree totally with above - BP even worse, he's a fekkin looney

[geckotheglorious] 14/7/2022 11:18

Couldn't agree more Spud / Charggg.
This BOD are a disgrace.

[the white house] 14/7/2022 10:50

Poor call to end buybacks that were scheduled up to 28 by the 5 July. With no immediate recommence plan or guide to increase divvi. Left a 3 week air gap and twice as vulnerable as otherwise would have been.Been exposed Down 200 without this support which many underestimateshocking broker performance or shocking guidance to them to overbuy

[geckotheglorious] 14/7/2022 10:04

Charggg
"Shell’s board and management are absolutely useless compared to ExxonMobil or Chevron management. ExxonMobil really should make a bid for Shell and kick this useless WFH management team out"

If only.
Van Beurden is just another WEF luvvie. Doesn't give a damn about shareholders.

[xxxxxy] 14/7/2022 06:33

More has been invested in nuclear fusion in the past twelve months than the prior decade, raising hopes of breakthrough in clean energy technology. $2.8bn [£2.5bn] has poured into the sector globally over the past twelve months, compared to about $2bn over the past decade, according to new industry figures. The Fusion Industry Association said more than 93pc of companies who responded to its survey believe that fusion power will be feeding electricity into power grids by the 2030s. Andrew Holland, chief executive of the trade group, said fusion "is on a pathway to commercial relevance, at a time when the world desperately needs new clean energy options."He added: "With investment accelerating, it is increasingly likely that commercial fusion will become a reality within the next two decades, providing the basis for prosperity, safety, and security, for many years to come.".... Daily Telegraph

[the white house] 13/7/2022 14:38

Added long 1985 MarchGas up 5pc German talks noted : think now gov have taken their windfall gloves nah be off and shareholders 28 July may either get increased divvi or immed high buybacks

[f56] 12/7/2022 18:09

Or is he trying to prevent a new Middle East war?