Shell Share Discussion Threads

[supermarky] 04/11/2022 11:38

or about right. As long as it is in the relative area. Virtually impossible to get it spot on

[lippy4] 04/11/2022 11:34

surely the best thing is to put a stop on a decent price in case it goes down again..

[tuftymatt] 04/11/2022 11:10

No the hardest thing to do is sell having called it right!!

[supermarky] 04/11/2022 10:05

It is the hardest thing to do....sell.I have decided to hold firm for now.Looking for nearer 2600

[lippy4] 04/11/2022 09:56

this rise looks more like it,more please...

[veryniceperson] 04/11/2022 09:53

Not a profit until it's in you pocket!

[supermarky] 04/11/2022 09:26

tempted to sell half. Holding firm for now

[adg] 04/11/2022 09:10

Staying put for now, no reason I can see not to stick in (plus not too good a track record at trading in and out)
Happy to wait and just see the pounds drip feed in slowly and steadily.

G Watson on the bp thread speaks a lot of sense and is worth taking note of, reposted;

gwatson561 Nov '22 - 22:14 - 98878 of 98878
0 0 0
From OilPrice.com this PM

"The American Petroleum Institute (API) reported a huge draw this week for crude oil of 6.53 million barrels. U.S. crude inventories have grown by roughly 25 million barrels so far this year, according to API data, while the U.S. Strategic Petroleum Reserves fell by more than seven times that figure, at 194 million barrels.

The draw in crude oil inventories was despite the Department of Energy’s release of 1.9 million barrels from the Strategic Petroleum Reserves in the week ending October 28, leaving the SPR with 399.8 million barrels."

So 400 million is broken. Joe Biden has misused the SPR and it will only be after the midterms and the Opec 4th December meeting that we will see the POO rise well over $100. The Russians will have no problem in supporting further OPEC + reductions as their own output is below target.

[the white house] 04/11/2022 08:59

Added yesterday morning and earlierAnyone else? Who is selling, selling half or top slicing at 25 then!?

[supermarky] 03/11/2022 15:51

looking good

[xxxxxy] 02/11/2022 15:54

Net Zero: "UK trashes its environment & economy in futile attempt to save the world"A Facts4EU.Org look at more costs of Boris and Carrie Johnson's plan to save the planet?Montage © Facts4EU.OrgLarge areas of British landscape to be blotted in the name of Net ZeroThe UK produces less than 1% of the global output of CO2... and this figure is falling. Meanwhile Germany is firing up 150 of its mothballed coal-fired power stations. Already Germany's rate of electricity generation from coal is almost 27 times higher than that of the UK. This is the background against which large areas of beautiful British countryside will soon be ruined by hundreds of 50m-high pylons to carry electricity from offshore windfarms.National Grid (now a commercial company) insist that in order to meet Boris and Carrie Johnson's plans to make the UK carbon-neutral by 2050, massive infrastructure will need to be built in some of the most beautiful parts of the country – at an unprecedented rate.The government might talk of offshore windfarms being 'out of sight', but presumably they haven't visited any of the country's coastal communities recently, where sea views have been completely ruined. According to National Grid, this is now what awaits glorious areas of rural England (and Scotland) as well, including 'Constable country'.Here is National Grid's CEO, John Pettigrew, in an interview with the BBC yesterdayNational Grid's CEO told the BBC that if the Government's targets are to be met – for a 400% increase in offshore wind power by 2030 – then it is necessary :-"to speedily build the hundreds of miles of new cables and overhead pylons needed onshore to get the energy from the east coast of the UK, where most will be produced, to the south of England where most of it is used."He went on to make an extraordinary statement:"We will need to build about seven times as much infrastructure in the next seven or eight years than we built in the last 32."The only way this could be done is by riding roughshod over the views of local people and using new regulations and a speeded-up planning procedure."We're going to need changes to regulation, to the planning process, but we also need to work with local communities.".... Much more... Facts4eu.org

[adg] 01/11/2022 22:25

Maybe hold fire on that? From bp thread

gwatson561 Nov '22 - 22:14 - 98878 of 98878
0 0 0
From OilPrice.com this PM

"The American Petroleum Institute (API) reported a huge draw this week for crude oil of 6.53 million barrels. U.S. crude inventories have grown by roughly 25 million barrels so far this year, according to API data, while the U.S. Strategic Petroleum Reserves fell by more than seven times that figure, at 194 million barrels.

The draw in crude oil inventories was despite the Department of Energy’s release of 1.9 million barrels from the Strategic Petroleum Reserves in the week ending October 28, leaving the SPR with 399.8 million barrels."

So 400 million is broken. Joe Biden has misused the SPR and it will only be after the midterms and the Opec 4th December meeting that we will see the POO rise well over $100. The Russians will have no problem in supporting further OPEC + reductions as their own output is below target.

[spud] 01/11/2022 16:32

Whatever you do reinvest in, you won't have much of an issue beating the pitiful (3.6%) dividend yield here!

spud

[jrphoenixw2] 01/11/2022 14:08

[deleted, I posted to the wrong board].

[geckotheglorious] 01/11/2022 14:05

Supermarky.
My target is 2500p odd personally - not sure what to reinvest in though as Exxon/Chevron have had a superb run themselves.

[xxxxxy] 01/11/2022 13:50

30 ish. Sell half. Keep half...

[supermarky] 01/11/2022 13:10

As we are seemingly heading towards 2500 can I ask what price targets you guys have? Shell looks to be having a burst up at the moment.

[geckotheglorious] 01/11/2022 12:00

Spud

Could get worse though - taxing Revenue rather than profits!
Which would be scandalous and lead to a collapse in investment across the board.

[spud] 01/11/2022 11:31

Profit is now officially a swear word and not to be mentioned.

spud

[lippy4] 01/11/2022 11:29

it always make me wonder why they cannot control the emissions from cars thus making them co2 free??

they cut down a lot with cats fitted to exhaust systems so why not a step further total control of emissions..

[lippy4] 01/11/2022 11:25

i see in the telegraph paper today that biden is sniping at the gross profits of shell and exon saying there should be a windfall tax on them..

how many more want a slice of the pie i wonder??