Shell Share Discussion Threads

[xxxxxy] 08/10/2022 21:59

John Redwood@johnredwoodIn the 30 years from 1990 the UK has done more than any other major economy to cut CO2 emissions, down 46%. The problem is Chinese CO2 is up 381% , at 29% of the world total. Importing instead of producing at home is not a green solution.6:20 am · 8 Oct 2022·Twitter Web App

[xxxxxy] 08/10/2022 19:20

SIR – With the country potentially facing blackouts this winter, we are seeing the consequences of sacrificing economic prosperity and energy security to the fantasy of achieving net zero and the scam of "cheap" renewable energy.That our technologically advanced economy, blessed with massive energy reserves, should be in this parlous state is a damning indictment of recent governments.You'd hope the penny might have dropped that it's time to change tack, yet instead of ditching the green agenda our MPs seem hell-bent on inflicting more of the same. What will it take to wake them up?N?H BaileyStockport, Cheshire.. Daily Telegraph

[zorija] 08/10/2022 15:22

Good luck...

[tornado12] 08/10/2022 14:19

At the moment holding onto 25% cash waiting to see Q3 results and how inflation / interest rates affect recession chances. Got a feeling that ftse can dip to 6500 region if really a slow down accelerates and then plenty of solid bargains will float to the surface.

[zorija] 08/10/2022 13:11

Where are you off to ?

[tornado12] 08/10/2022 13:02

Lost patience with this woke BOD, sold my last stake and moving on to pastures new with X2 divi returns .. GLA

[penelopeabbot] 08/10/2022 12:56

Despite how much disdain I have for the muppet management who are woke ESG PC anti-shareholder pro big-agenda puppet Greta Gumball..... I still see Shell at ?35++ easily next year (assuming no more major world altering events that is).

[acsatix] 08/10/2022 12:14

If we were net energy exporters the pound would be as strong as dollar… period. So yes drill drill baby

[the white house] 07/10/2022 16:04

Under the radar Brent up 13 bucks + in 10 days. Bottom line is that that either more buybacks or higher divvis next Q and going forward.Decent enough strategy that is sweeping up tens of thousands of non long term holders who do not need paying a divvi to for ever.Medium and long term benefits undoubted

[xxxxxy] 07/10/2022 10:50

No. Worst management ever.Sue them. Mot fit for purpose. Lost Credibility. Irresponsible to all.

[xxxxxy] 07/10/2022 08:04

John Redwood@johnredwoodThe BBC Radio 4 interviewer this morning used several wrong arguments to urge us not to invest in more of our own oil and gas. Why this passion to import when it denies us jobs and tax revenue and produces more CO 2, not less? Do they want the lights to go out?6:35 am · 7 Oct 2022

[lippy4] 06/10/2022 13:06

down a pound i am shocked,thought it should be up a pound with the latest result..

[the white house] 06/10/2022 11:54

Ton off today needs to be considered with 70, 40 & 40 over last 3 trading days with some JCLs bailing.It does strike me as tho the Whale may be also clearing the decks already of some negatives. He will be boss in name by Jan but may be pulling strings already (eg he has offloaded shares in Bens reign to avoid later. He knew)

[the white house] 06/10/2022 11:49

Tax from CFFO 3 months ago was guided to be in the range 3.3bn to 3. 7bnToday it is guided 3.4bn to 3.8bnHardly a profit warning...nevertheless Happy for someone to ask Ben the Burden which UK company has paid more Tax to help the poor and needy in a quarter. As regards his response, as the youth say today..I'll waitIt has become clear today why the buybacks continued rather than part & part divvi raise. Top brass knew some calls had been made to leave the company on the wrong side of some positions. Hence the appointment in less than a fortnight of the Whale after Ben was asked (or told) to consider his position. With Gas at the highest Q in history it takes some doing for the largest player in the World to produce a statement like todays

[charggg] 06/10/2022 11:43

And with this rubbish performance - has it given these idiots another excuse to put off the much awaited dividend increase ? Looks like everyone was on a holiday this summer so profits are down - probably that's what Shell means by seasonality.

[spud] 06/10/2022 11:01

So an underwhelming TS (soft profit warning) on the one hand and a plea to government to tax it more from an outgoing Chief Executive on the other. What a mad bad and disingenuous clog he has shown himself to be. spud

[xxxxxy] 06/10/2022 10:43

Even less certain is what precisely a Ukrainian victory is likely to mean for oil prices, but the elephant in the room for the global economy remains Vladimir Putin, and as Opec ministers gather in the Austrian capital, European and US leaders are working on a new package of sanctions designed to squeeze the income that Moscow generates from energy exports, hampering Putin's war machine further.Brussels is set to approve a new sanctions package that will severely limit Russia's ability to sell crude, while the US is working with allies to implement a price cap on Russian oil.One plausible scenario is that a Ukrainian victory leads to regime change in Moscow, which is met with a swift reversal of sanctions that helps ease the supply shock as Russian oil and gas returns to global markets, bringing prices down. It's a stretch, but with Ukrainian forces tearing through enemy lines, it's not unthinkable.In the meantime, Kyiv's heroics should signal to the oil cartel that it needs to be more careful than ever about the company it keeps and the battles it picks..... Daily Telegraph

[xxxxxy] 06/10/2022 10:18

Shell has issued a profit warning for the third quarter in a sign the energy giant's record run of earnings could be coming to an end.The FTSE 100 company reported a negative margin of $27 per metric tonne in its chemical unit, which is often seen as an indicator of the strength of the wider economy.That could be a worrying sign of the outlook across Europe, where major industries are struggling to cope with soaring gas prices.Shell also reported a decline in its refining margins as oil prices eased back from their recent highs.Shell has cashed in on soaring prices sparked largely by Russia's invasion of Ukraine, posting record profits of $11.5bn in the second quarter.But the figures suggest this run could be ending, with analysts at RBC branding the update "disappointing". Shares fell as much as 4pc.... Daily Telegraph

[xxxxxy] 06/10/2022 10:08

Self inflicted damage. Mad time to do it. Needs to be sued. Ratners moment.

[veryniceperson] 06/10/2022 09:33

93 down, over done methinks. Probably about the time and pick a few up and sell tomorrow pm. You could make a few £s for the weekend. Personally I haven't got enough funds at the moment.