Shell Share Discussion Threads

[xxxxxy] 15/8/2022 07:21

John Redwood@johnredwoodWe need more domestic energy supply so Labour wants penal taxes for any company that dares to produce any. Labour says we should burn less fossil fuel but say subsidise its price. Great ways to make the shortage worse, borrowing and taxing to disaster.5:56 am · 15 Aug 2022·

[chiefbrody] 13/8/2022 11:22

If the current P/E is indeed only 5 ish then £35-40 is a possibility. Need the dividend restored to its old levels though and oil to remain around the hundred bucks mark for another year. Sadly, I think there's far more chance of a stuttering dividend and recession (driving the oil price down). Semi fed up with Shells current attitude to shareholders though so I may well have sold out before this ever reaches the lofty heights of 30-40 squid. Let's see what happens which the next set of results/end of the current buyback.

[tornado12] 13/8/2022 11:09

Also keep an eye on any recession pressures, as this could easily drop the oil price and our share price is clearly linked to this GLA

[tornado12] 13/8/2022 11:06

In my opinion there is no chance for 35-40£ with current annual dividend policy . Unless they change this then the share price will maybe reach £25-28 range , but no more. The BOD are not rewarding the holders like BP and the consequence is in the forward SP

[adg] 13/8/2022 09:50

Just thinking on dividends & share price (usually dangerous and ends up costing me)
Let’s assume we approach recent highs again this next quarter and then they start to lift dividends from next Q (which I think is highly likely), assuming oil/gas remains high then the effects of buybacks, continuing high revenues/profits coupled with the beginning of a return to old dividend levels (not to mention the attitude reversal of blinkered private and institutional anti oil/gas investors) may actually prove to be the perfect storm for a very brutal re-rating next year with possible new highs for the shell share price ?
I still think a near £35 to £40 share price could be with us next year and the more I think on it the more I actually think it is possible.
Thoughts?

[geckotheglorious] 12/8/2022 11:04

Nigerian president now rejects Exxon block sale in reversal



"I'm guessing el presidente thinks he can get a larger brown envelope!!!"

[chiefbrody] 12/8/2022 10:02

Just read an article in the Mail and it said the Shell P/E is circa 5. Not run the numbers much of late but didn't realise it was that low!

[xxxxxy] 12/8/2022 08:50

8:34amRussian fuel imports hit zeroOne interesting nugget from the ONS, which found overall UK imports from Russia were the lowest on record (back to 1997) – Britain seems to have gone completely cold turkey on Russian fuel:Imports of fuels, a historically important commodity for trade with Russia, reached £0.0 billion in June 2022.... Daily Telegraph

[supermarky] 12/8/2022 08:47

on the 3 month chart the share price seems to have cleared recent resistance and dare i say it ..... heading towards year highs

[xxxxxy] 12/8/2022 08:46

Yesterday's meeting on energyAUGUST 12, 2022 21 COMMENTSThe proper topics of conversation were availability of supplies and prices. Gordon Brown's attempt to hijack the agenda with a proposed nationalisation of parts of the energy  industry was bizarre. His own purchase of RBS shares during the banking crisis at an elevated price bailed out shareholders and left the taxpayer nursing large losses. It was  not the right answer to a disaster in the banking sector and over the regulation of banks which he made worse. The last thing taxpayers need now is the requirement to find billions of pounds to acquire shares in energy companies, with a view to then running them at  a large loss to keep the prices down.The answer to scarce and dear energy has to be the supply of more and cheaper energy. That requires plenty of private  sector investment, and sensible regulation where there are monopoly elements. If the only aim of regulation is low prices we will end up with less energy, losses for the taxpayer to pay and an eventual larger price hike from weak supply. Look what happened to Bulb. The state interventions did  not keep the general price of power down but we have losses to pay.The Lib Dem idea of simply freezing the prices we pay answers nothing. Who then buys in and provides the energy and who covers the losses on doing that? Why indeed would a company volunteer to supply at a large loss?... John Redwood

[the grumpy old men] 12/8/2022 05:42

Shell said Thursday it halted activity at several of its offshore oil production platforms in the Gulf of Mexico due to leaky pipelines, but said it expects to have the pipelines fixed by Friday.

"Shell can confirm that the Mars and Amberjack Pipelines have been shut-in due to a flange leak at the Fourchon booster station," it said in an emailed statement, noting about two barrels of oil leaked, and they have been contained. The Fourchon station is on land along the Louisiana coast.

"Shell personnel are repairing the issue," the company added. "We expect to return both pipelines to service tomorrow, Aug. 12."

As a result of halting flows on the pipelines, Shell said its deepwater oil production platforms in the Mars Corridor -- Mars, Ursa and Olympus -- were also shut-in. It didn't indicate when those may restart.

Oil prices showed little reaction to news of the temporary shut-ins, with WTI crude down 0.4% in early Asia trading at $93.95 a barrel. The market closed Thursday's session up 2.6% at a one-week-high $94.34.



Write to Dan Molinski at [e-mail]



(END) Dow Jones Newswires

August 11, 2022 20:14 ET (00:14 GMT)

[spud] 11/8/2022 13:53

You really are a condescending twit BullSh1t House.

Every time someone nails you, a torrent of condescension spews out of your yank gob like a kid that's over indulged on 1 too many beers.

Both of your posts today are just a miniscule example:

1. You should have stated spread betting payout equivalent paid last night. Please be clearer next time.

2. Pity you are not bright enough to ask me to enlighten you. Sad really

spud

[the white house] 11/8/2022 11:25

Big Ben and me know they doPity you are not bright enough to ask me to enlighten you. Sad really

[spud] 11/8/2022 10:41

TWH - Buybacks don't lift share prices! Jez.

spud

[the white house] 11/8/2022 10:25

Remarkable move today, Brent up 5 bucks recently and NGas simmering at a huge level leading to the first half of this Q being as strong as we have seenElsewhere entain aka Ladbrokes group have reintroduced a divvi today and with BP increasing I would say that the next Q divvi & going forwards will HAVE to be at higher levels. 4th attempt at 22 : matter of time then up in short order to 23 with relentless buybacks

[the white house] 11/8/2022 06:58

You should have stated spread betting payout equivalent paid last night. Please be clearer next time.

[trikytree] 11/8/2022 00:41

The divi is not 17.59p it’s 25USc which is 20.48p today. The Pounds sterling and euro equivalents announcement date is Sept 5th with payment on Sept 19th.

[the white house] 10/8/2022 21:50

Divvi 17.59p

[f56] 10/8/2022 17:18

Rubbish. All I have to do is fart and it powers my home. You should try it!

[xxxxxy] 10/8/2022 15:21

Winter riots acoming...... Where did they waste... Not only money waste....Anthony BargainScience allows us to calculate the energy available from any light source (including the sun) when the light falls upon a surface. And guess what? At 100% efficiency with zero conversion losses there still isn't enough energy to power a car or any other sort of vehicle from panels mounted on the vehicle. But worse than that, we never get 100% efficiency. In fact Solar panels are usually able to process only 15% to 22% of solar energy into usable energy. This leads to a fact that the marketeers, gullible governments and gullible consumers tend to overlook - the unavoidable reality that solar and all other renewable energy technologies simply cannot generate enough energy to replace fossil fuels. It has been calculated that to provide 100% of the UK's electricity, even at maximum sun output (summer solstice at noon), solar panels 4x the area of the UK would be needed. It remains baffling why so many are fooled by the delusion of battery cars, solar panels, wind farms and heat pumps. It is as though the masses are being intentionally misguided to deliver massive profits to the few. Surely not... Daily Telegraph

[charggg] 10/8/2022 13:29

Not even 3 million shares traded by 2.30pm. Terrible summer liquidity. At this rate the buyback will not be completed by Q3 results. And given that Shell announcing dividends and buybacks gets all the negative media attention - why does Shell not try to do a Tender offer for its shares? Surely a Tender offer for shares will get a lot less attention from media during these high energy price environment?A lot of analysts have asked Shell's management before regarding tender offer which the CEO doesn't seem to not be keen on. But given dividends and buybacks are equally hated by news media - a tender offer might be a faster and less attention grabbing way of returning cash to shareholders?

[lippy4] 10/8/2022 11:38

rolls royce have yet to build a reactor as its all in the planning stages..

[xxxxxy] 10/8/2022 11:16

Cheap energy lifts people out of poverty.Expensive energy puts people into the dustbin of poverty.