Shell Share Discussion Threads

[jrphoenixw2] 24/9/2022 14:45

Is anyone else still waiting to receive the div that was due on 20/9, or is it just Interactive Brokers... yet again!?

[xxxxxy] 24/9/2022 06:57

Interesting times.

[xxxxxy] 24/9/2022 06:57

Surging oil and gas profits mean the Government's windfall tax will rake in money equal to half the cost of this winter's £60bn energy support package for households and businesses.The "energy profits levy" announced by Rishi Sunak earlier this year was originally expected to raise around £5bn a year by taxing the earnings of North Sea operations, or a total of £20bn by 2025/26. But official estimates show the levy – charged in addition to corporation tax – is now expected to bring in £28bn overall, as surging oil and gas prices fuel a bonanza for the industry. That includes £7.7bn in 2022/23, then £10.4bn, £6.4bn and £3.5bn in the following years, although the Government said volatile markets made it hard to give firm predictions. It means the levy's total haul could amount to nearly half of the cost this winter of Liz Truss's gargantuan support package to help households and businesses weather rising energy bills.Her intervention will involve freezing annual household energy bills at an average of £2,500 for the next two years, starting October 1, and reducing businesses bills by roughly half for an initial six months.... Daily Telegraph

[spud] 23/9/2022 17:46

DIRECTOR DEALINGS: Shell CEO-designate Wael Sawan sells 28,000 sharesSource: Alliance Newsspud

[florenceorbis] 23/9/2022 17:40

Shell Plc Down Over 7%, on Track for Largest Percent Decrease Since June 2020


23/09/2022 4:56pm
Dow Jones News




Friday 23 September 2022


Shell Plc Sponsored ADR (SHEL) is currently at $48.50, down $3.84 or 7.34%



--Would be lowest close since July 15, 2022, when it closed at $47.47

--On pace for largest percent decrease since June 11, 2020, when it fell 8.44%

--Currently down five of the past seven days

--Down 8.46% month-to-date; on pace for worst month since June 2022, when it fell 11.7%

--Up 11.75% year-to-date

--Down 44.86% from its all-time closing high of $87.95 on Oct. 29, 2007

--Up 15.53% from 52 weeks ago (Sept. 24, 2021), when it closed at $41.98

--Down 21.2% from its 52-week closing high of $61.55 on June 7, 2022

--Up 16.61% from its 52-week closing low of $41.59 on Dec. 1, 2021

--Traded as low as $48.08; lowest intraday level since July 21, 2022, when it hit $47.75

--Down 8.15% at today's intraday low; largest intraday percent decrease since June 11, 2020, when it fell as much as 8.74%



All data as of 11:21:40 AM ET



Source: Dow Jones Market Data, FactSet



(END) Dow Jones Newswires

September 23, 2022 11:41 ET (15:41 GMT)

[xxxxxy] 23/9/2022 14:34

On Thursday Mr Rees-Mogg told MPs he is "well aware" there are people who support the fracking ban, but noted that some opposition to drilling has been funded by Russia."I'm well aware that there have been objections to fracking, but I would also note that there have been stories widely reported that some of the opposition to ... fracking has been funded by Mr Putin's regime," he said.... Daily Telegraph

[spud] 23/9/2022 13:46

Never a good idea to watch too closely on an off Market day (unless you're trying to time a buy that is).

spud

[kkclimber56] 23/9/2022 13:35

then again!

[kkclimber56] 23/9/2022 12:29

Spud - thanks

Interesting the share price is starting to come back now

[spud] 23/9/2022 11:45

KK - It's the Market's star trick - Indiscriminate markdowns - throwing the baby out with the bathwater.

For those with spare loot, it's like Christmas come early. The tricky bit is in the timing.

spud

[kkclimber56] 23/9/2022 11:34

So why is the share price tanking today?

Regardless of the merits or otherwise of the actions announced by the UK government they are unlikely to have much impact on the global results of Shell and the collapse of sterling must have a very positive impact on the earnings denominated in sterling.

I did not hear the chancellors statement but have not picked up any references to windfall profits tax or other measures that could impact share price negatively

What am i missing?

[charggg] 23/9/2022 09:17

Well timed if you got above £23.70 sell price. Does anyone know if the fx for share buybacks gets converted daily from USD to GBP? If we are converting daily USD to GBP to do the buybacks in GBP or EUR,the strong dollar and weak GBP and EUR mean that we are swooping up an extra 5-10% of shares, just from a few months ago? Not generally helpful having the GBP in the dump...

[xxxxxy] 22/9/2022 08:03

SHELL Background......FIVE AMBITIONS TO HELP THE UK TO NET ZERO, WHILE SECURING THE CRITICAL ENERGY FOR TODAYJun 13, 2022Five UK ambitionsFirst, we will play our part in keeping the country's energy flowing, helping to make Britain's energy system stronger and more self-reliant. We are re-developing the Pierce field which will come back on-stream later this year adding vital gas supplies to the UK. Our Jackdaw project recently received government approval and could produce 6.5% of the UK's North Sea gas – enough to heat 1.4 million homes later this decade.Second, we intend to accelerate the development of new low-carbon power and renewable energy sources across the UK's industrial heartlands. Together with our partner ScottishPower, for instance, we plan to build and operate two of the world's first large-scale floating offshore wind farms off the coast of Scotland – with a total capacity of 5 gigawatts, bringing clean energy to power the equivalent of 6 million UK homes.Third, we aim to lead a nationwide rollout of charging infrastructure to accelerate the adoption of electric vehicles, so that, by 2030, 90% of UK drivers are no more than 10 minutes from a Shell rapid charger. Specifically, we aim to have 100,000 public chargers installed across the country by 2030, from around 5,250 charging points we have today.Fourth, we want to provide more, certified renewable electricity to customers, both at home at on the move. We aim to supply five million UK customers by 2030, up from the 1.4 million that Shell Energy Retail has today.Finally, we want to invest in what we call "generation net zero", looking for opportunities to provide the current and future workforce with the skills and opportunities to ensure that the transition is fair, just and for everyone. Through this programme we aim to help 15,000 people into jobs or pathways into jobs..... SHELL site

[spawny100] 21/9/2022 16:03

Well done shellsell. I don't think you'll regret selling and paying off your mortgage even if the price were to go higher from here. Once the money is gone and the mortgage paid off you'll forget you had it but it will make a difference to your outlook on life I think.

[geckotheglorious] 21/9/2022 15:53

shellsell
Post 2695
"Morning All - so I pulled the trigger and cashed out at £23.7 this morning. This covers my mortgage at renewal and this was my investment aim"

Superb. Congratulations. That is what investing is all about
Securing your financial future :)

You had an aim, stuck it out and achieved the result you wanted.

Huzzah!

[charggg] 21/9/2022 11:53

The dividend yield with GBP USD at 1.135 and share price at £23.50 is of 3.75% yield. If dividend increases from 25c to 30c in Q3 results that dividend yield goes up to 4.5%.So share price will have to go above £27 per share to have the current yield of c.3.8%.Hence why increasing dividend will be the catalyst to the share price and possibly booking profits imo.

[dig and sell] 21/9/2022 11:13

Congratulations on achieving your investment objective. The decision to sell was the right decision for you. Enjoy living life mortgage-free and have no regrets whichever way the share price may go in future.

[the white house] 21/9/2022 09:24

No problemYou should have added as I advised @20 not sold half I have added 13 times since then even though my original holding was twice yours at that point...divvis rolling in....now and forever Buybacks are king Be luckyNever sell Shell

[xxxxxy] 21/9/2022 09:11

Good luck too.In til 30ish. Then sell half. Keep half.

[supermarky] 21/9/2022 09:10

Selling is always the hardest decision. Well done on making a few quid

[shellsell] 21/9/2022 08:58

Morning All - so I pulled the trigger and cashed out at £23.7 this morning. This covers my mortgage at renewal and this was my investment aim. To be honest I would not be surprised if the share price goes to £25 and beyond, but equally I would not be surprised if it fell back to £21 due to a recession etc. Additionally with such a poor dividend it seemed a safer bet to take the money while it was there - I followed the advice of setting my target price and selling when it hit it, it actually was slightly above my target price. However previously when the share price went beyond my target price and I didn't sell it quickly fell back far below and I kicked myself.

Good luck with your investments and thanks for all your advice. Shellsell.

[supermarky] 21/9/2022 08:38

will it stick this time?

[charggg] 20/9/2022 12:51

Shell share price can't hold any gains vs BP, ever since bp raised dividends. Bp daily gains have tended to be twice as much as shell, after BP's dividend increase announcement. Before Q2 results, Shell consistently outperformed Bp's share price. Something for the IR to chew on, who constantly compare Shell's outperformance with BP YTD. Now bp is catching up while Shell is just sitting on the cash that should be returned to shareholders.

[lovegod] 20/9/2022 09:40

Just been paid..lovely

[taurusthebear] 19/9/2022 08:16

After Covid, why should anyone believe scientists?