Shell Share Discussion Threads

[adg] 02/2/2023 12:55

Along the same lines I am thinking to be out within several years - I think we will have a really good run and be into the £30 to £35 range in the next year or two perhaps more
Bailing now I think is a little premature - there are new highs for sure imvho

[mortlolc] 02/2/2023 12:22

Depends on your timeframe Kibes, new CEO now in place, dividend increased 15% this Q, still lower than pre-COVID I grant you, I'm a medium to long term holder so am willing to see what new CEO does over next couple of years.

[kibes] 02/2/2023 12:20

adg - completely agree and Shell is hoping to divest its oil and gas assets in favour of green energy, which is not very profitable at all. Going forward, the only way is down for shareholders in my opinion. The net zero agenda is in any case hopelessly unrealistic, there will certainly be a continuing need for gas as a transition fuel which Shell could easily provide, as long as they haven't sold the assets.

[adg] 02/2/2023 12:01

It is all fekked up I’m afraid - mainstream media and universities and schools and social media all basically programming the youth with selective (mis)information. I don’t think there is a way to stop it sadly.
I was told by an ex-vegan that the carnage to wildlife and fauna displaced for veggie/vegan food stocks is actually worse than for livestock farmed for food - but they are programmed - makes me really sad to realise the reality and oil and gas being the antichrist is another sad case of misinformation to the masses

[kibes] 02/2/2023 11:58

This ought to be a buy but I'm not tempted. Price never seems to break 2500p and the dividend is miserable. Share buybacks a waste of money. Where is the upside? This has gone nowhere for 25 years.

[levisrus] 02/2/2023 11:40

EV cars use synthetic rubber tyres manufactured from Crude oil!

60% of all fabrics in the world are synthetically manufactured from Crude oil!
Greta's clothed in crude, not to mention her synthetic footwear, and synthetic facial makeup from Palm oil grown in forests of scientific interest (rain forests)

Much of S.E. Asia's rain forests are destroyed (fauna & flora) to grow more paper and more palm oil....hey ho it's renewable and the Gibbons don't give monkeys for low-growth trees.

Gas prices @ July 1999..BBC won't report real news.

hxxps://tradingeconomics.com/commodity/natural-gas

[nk104] 02/2/2023 11:40

I genuinely think people in this country think that Shell makes all of its profit in the UK and therefore all of the profit is potentially taxable in the UK.

People want public services but think 'someone else' should pay the tax. It's the politics of infancy.

[gateside] 02/2/2023 11:11

Heading news in the woke press..."Shell make Obscene profits"I take it none of these people ever use plastic? Maybe they think it grows on trees!

[adg] 02/2/2023 10:59

Been reading through the numbers and I can see no reason on gods earth why this is at £24 and not a lot higher, comparing Shell to its US peers either the US listed oil companies are way overpriced or Shell is way undervalued on a like for like basis.

If it’s the latter there is virtually nothing in the numbers to explain the disparity - it must ALL BE DOWN TO SENTIMENT OF THE UK and EUROPEAN MARKETS

[metaltrack] 02/2/2023 10:56

Greenpeace uses fossil fuels to propel the rainbow warrior."Rainbow Warrior is a purpose-built motor-assisted sailing yacht owned and operated by Greenpeace"'Motor assisted'. I'll leave it there.

[xxxxxy] 02/2/2023 09:08

Absolutely agree.

[viscount1] 02/2/2023 08:52

Thank you to Shell for finding, shipping and distributing the energy we all need, despite negative oil prices in early 2020, despite huge technical challenges, despite constant political brickbats, and thank you for providing huge dividend distributions to UK pensioners. Keep up the good work.

[ben chod] 02/2/2023 08:48

post -3272 of 3280 you are notsuggesting Shell are profiteering fromwarin UA

[adrian j boris] 02/2/2023 08:39

The existing shareholder authorities to buy back shares granted at the company's 2022 Annual General Meeting will expire at the earlier of the close of business on August 24, 2023, and the end of the date of the company's 2023 Annual General Meeting. The company expects to seek renewal of shareholder authority to buy back shares at subsequent Annual General Meetings.

[chiefbrody] 02/2/2023 08:37

Last 4 bill buyback added noting to the share price Finished lower than when it started. Now another 4 bill buyback on the same 3 month timetable. Almost Unlimited shares happily for sale around 24/25 squid me thinks.

[adg] 02/2/2023 08:34

Should be struggling to break the £35 barrier not £25, great numbers and looks like new boss is actually considering shareholders…. Wow!

[adrian j boris] 02/2/2023 08:32

And a new buyback programme to support share price and bonuses rather than up the divi

[xxxxxy] 02/2/2023 08:30

7:56AMGreenpeace launch protest outside Shell headquartersActivists from Greenpeace have begun a protest over Shell's record profits.They have set up a mock-petrol station price board displaying the Shell's net profit for 2022 outside the company's headquarters in London.The group accused the company of "profiteering from climate destruction and immense human suffering". ... Daily Telegraph.... Well I never.

[chiefbrody] 02/2/2023 08:29

And this Qtr earnings the div covered around 5 times. LOL.

[adrian j boris] 02/2/2023 08:29

ygor

yes, the new boys always write off much so as not to carry forward during their stay

[chiefbrody] 02/2/2023 08:28

There's an invisible barrier around the 24/25 squid mark. Can't go any further. 15% div increase but still only yielding around 3.5%. Not a lot to entice new shareholders.

[supercity] 02/2/2023 08:26

Rip off Britain #boycottshellGreedy b@&@ardsBe interesting to see what the press make of these obscene profits while fuel prices remain so high

[j5ack5k] 02/2/2023 08:22

Great results but the share price never seems to go anywhere.

[ygor705] 02/2/2023 08:19

Earnings well ahead of consensus and you can bet that every possible write off you can think of (and quite a few that you can't) will be swept into these figures. Its the only way to keep a lid on the numbers for windfall tax purposes. The oilers have been doing pretty well out of the Ukrainian squeeze and now have plenty of fat on their backs. A vast increase in the scale of fossil fuel activities might be problematical at this point in history, so is the fat going to be used for green activities or sector consolidation?

[adrian j boris] 02/2/2023 08:15

LONDON--Shell PLC became the latest oil giant to post record annual profit last year, joining U.S. peers in surging back from early pandemic losses on soaring energy prices.

Shell's $41.6 billion full-year profit surpassed the London-based company's previous record of $31.4 billion in 2008, measured on a net current-cost-of-supplies basis--a figure similar to the net income that U.S. oil companies report.

The results bring to more than $132 billion the combined profit last year of the three big majors including historic results from Chevron Corp. and Exxon Mobil Corp., reported during the past week. Their hauls, driven by strong global energy demand, erase billions of dollars of losses incurred during Covid lockdowns as global travel and economic activity sputtered.

Shell's earnings included fourth-quarter profit on a net current-cost-of-supplies basis of $11.4 billion, compared with $11.2 billion in the year-ago period. Results were boosted by strong performance in Shell's liquefied natural-gas business, which benefited from soaring global demand after Russia cut off pipeline gas supplies to Europe.

Adjusted fourth-quarter earnings, which strip out certain commodity-price adjustments and one-time charges, were $9.8 billion. That beat the consensus forecast of $8 billion for the quarter in a survey of 28 analysts compiled for Shell by an outside firm.

Shell's results are the first reported under Chief Executive Officer Wael Sawan, who took over the role Jan. 1 from longtime boss Ben van Beurden. The 48-year-old Mr. Sawan, a dual Lebanese-Canadian national who joined Shell in 1997, rose through the ranks to oversee Shell's natural-gas business, which has driven record profits, and more recently renewable energy.



Write to Jenny Strasburg at [e-mail]



(END) Dow Jones Newswires

February 02, 2023 02:38 ET (07:38 GMT)