Shell Share Discussion Threads

[f56] 16/8/2022 18:05

Every person in the UK will soon be provided with a nuclear warning signal online.

[f56] 16/8/2022 18:03

Putin will restart his nuclear rhetoric soon.

[f56] 16/8/2022 18:01

Shell could half if the oil price drops. On the other hand it could treble if there is an oil shock. Speculative - all eyes on Putin!

[shellsell] 16/8/2022 15:02

I agree that the dividend is terrible and that there is little point holding this stock any longer. I regret not pulling the trigger at £24.5, but I don't want to sell to cheaply just because I am annoyed and have lost faith in this stock. At £23 I will look again and will be gone if it hits £23.5. However there is just the same chance as heading back down to £20. The current £21.5 just feels undervalued, but I have no idea as whether it is heading up or down.

[supermarky] 16/8/2022 14:09

Hopefully the winter month's will help the share price head north. The divi on this is terrible so we need some share price movement upwards.

[spud] 16/8/2022 11:33

And his sequel could be : "But it could have been avoided..."

spud

[spud] 16/8/2022 11:32

As Sir Elton once sang : "It's a sad sad situation....."

spud

[charggg] 16/8/2022 10:44

Case in point - the woke leader bp has outperformed Shell's share price return since the Q2 results were announced. Bp raised dividend by 10% and are doing buyback bigger than Shell (wrt their market caps).

[charggg] 16/8/2022 10:41

Its like the Shell ceo and board want the share price lower and dividend lower - so they can buyback shares at these levels. And if the oil price drops, the share price drops with it and all these buybacks they are doing currently will all be in losses and under water.So if oil prices drop back to $60 we will have lower share price and a lower dividend as this management would find the lower oil price a good excuse to not raise dividends, while all the $10-$15 bn share buybacks down the drain as all of it would be underwater. Shell's management needs to understand that no one buys Shell for huge 100s of percent of share price growth - its for the dividend income that Shell is known for - which obviously is gone with the dividend cut.

[shellsell] 16/8/2022 08:43

Just think - if the Shell board took the same decision to not cut the dividend as CVX then we would be likely in the £30+ mark if we continued to show the same relative performance. We are all dreaming of £25 without any real confidence of getting there...

[spud] 16/8/2022 08:34

Yes, it's not rocket science is it? Shell have made a major faux pas regarding their ill thought out dividend policy and this bad judgement is reflected in the current share price. spud

[shellsell] 16/8/2022 08:26

I am beginning to feel a little cheated now - it is obvious that the Shell BoD are not putting the shareholders first and this is reflective in the share price. Oil and Gas prices have recovered, the debt is down, both are doing buybacks, but the Shell shareholders are not being rewarded. Someone on a different board makes a good comparison to Chevron - our share price performance was virtually tracking theirs for the 5 years before the 2020 Covid impact. However Shell cut the dividend and CVX did not. Since this decision the CVX share price has performed 50% better relatively than Shells.

[xxxxxy] 16/8/2022 07:02

SIR – I share Alan Rogers's frustration (Letters, August 13) at the absence of energy from a list of policy priorities in a Conservative Party questionnaire for members – presumably for the benefit of our next prime minister.The current shortage of affordable energy was predictable, Ukraine war notwithstanding. Because of poor and political decisions and indecisions, it has been like watching a slow-motion car crash 30 years in the making.Stephen RaePetersfield, Hampshire... Daily Telegraph

[xxxxxy] 16/8/2022 07:00

We are in the midst of a shortage of gas and electricity. Some days wind turbines only manage 2% of our electricity, well under 1% of our total energy yet the Regulators seem to think more windfarms are the answer.Ministers have now altered their line and accepted that at least for this decade we need more gas.Until there are good commercial ways of storing wind power on windy nights to use on calm days we need more reliable power. We now need to promote more U.K. gas, oil, biomass and hydro power as quickly as possible. Ministers were right to keep what little coal generating plant we have left on stand by in case the renewables produce too little.... John Redwood

[xxxxxy] 15/8/2022 21:34

Coal miner dubbed 'worthless' in net zero world reports 3,000pc increase in profitsDemand for polluting fossil fuel has soared since Russia's invasion of UkraineByRachel Millard.. Daily Telegraph

[xxxxxy] 15/8/2022 21:10

Alternative Thinker1 HR AGOMessage ActionsJust to give people an idea of just how much gas is still to be discovered in the North Sea, in 2019 a find was made with 8.5 billion US dollars worth just in one site.Friends of the Earth Scotland said the find was "terrible news for the climate".Why are these nutters allowed to stop the securing of cheap and reliable power for the UK? EDITEDREPLY4 REPLIES 99FLAGSOSteve Oldfield1 HR AGOReply to Alternative ThinkerMessage ActionsYes they would rather we imported it at huge cost to UK plc and declare ourselves token net zero (and stupid)REPLY1 REPLY 34FLAGATAlternative Thinker1 HR AGOReply to Steve OldfieldMessage ActionsThe funny thing is the UK has that unique combination of brainpower(fission tech) and abundant fossil fuel reserves(coal, oil and gas) that this should be the last country not to have cheap and reliable power.This just seems like a bad dream the UK has ended up in this situation.REPLY 38FLAGGSgraeme scott1 HR AGOReply to Alternative ThinkerMessage ActionsWhen you replace communist with that of climate activist.. things become far more clearer... Daily Telegraph

[lippy4] 15/8/2022 20:06

but its only a week compared to the 3 months in europe i understand..

[xxxxxy] 15/8/2022 19:56

Rough gas storage site cleared to start filling up within weeksFacility wins approval from safety inspectors to come back online... Daily Telegraph

[bramcych] 15/8/2022 19:15

Shell senior leaders have wanted to buy back the additional shares issued to buy BG Group, before raising the dividend.

[f56] 15/8/2022 16:10

Natural gas is a fraction of what it was in 2006 whereas Brent crude is less than it was in 2006 but not so much of a fraction. Can anyone tell me why inflation wasn’t as high in 2006?

[charggg] 15/8/2022 15:40

What changed? Your recent post after conversation with the IR suggested that Shell is keen on buybacks for the next few quarters and not on dividend?

[janhar] 15/8/2022 15:32

The next general election is 2 years away (hopefully) and Labours current demand and need for a windfall tax will be history. I keep praying Liz turns out to be the low tax small state PM she is promising to be and that she gets on with it quickly. Fingers crossed.

[spud] 15/8/2022 13:07

Cost of living: Keir Starmer says Labour would extend windfall tax to freeze soaring energy bills. Of course he would. After all, Labour are the leaders in their field at goal relocation. spud

[xxxxxy] 15/8/2022 07:48

Sinopec, the world's largest refiner by volume, has uncovered bumper stocks of natural gas and crude oil at the Shunbei oil and gas field in the Xinjiang Uygur autonomous region. The state-owned energy company, also known as China Petrochemical Corp, found what they said is one of the world's deepest onshore commercial oil and gas fields. While Chinese Premier Xi Jinping may be rubbing his hands with glee, the development of this oil field could scupper Putin's plan to control global fossil fuel supplies.... Daily Express