Shell Share Discussion Threads

[lippy4] 30/7/2023 09:47

thats all they seem to do in our kneck of the woods is slow the traffic down and where there were 3 lanes onto a roundabout it gets reduced to 2 which results in a nice long queue to get on it..

[xxxxxy] 30/7/2023 07:48

John Redwood@johnredwoodBlocking cars and vans with road closures, more traffic lights, reduced vehicle space on roads and go slow junctions can increase bad emissions.More traffic jams from expensive road schemes disrupt people getting to work and the shops but do not save the planet.7:12 am · 30 Jul 2023

[xxxxxy] 29/7/2023 12:35

When Tufan Erginbilgic took charge of Rolls-Royce at the start of the year, he found himself in hot water for condemning the company as a "burning platform" and one that was "underperforming on every key metric". His comments might have been harsh, and possibly unfair. Yet six months later, shares in the aircraft engine manufacturer have skyrocketed.A handful of hardcore managers, from Elon Musk at Twitter to Wael Sawan at Shell, appear to be pushing back against the vapid, virtue-signalling sloganeering that dominates corporate leadership. We don't have nearly enough of them – and we will need a lot more if Western capitalism is to be pulled out of its ESG, D&I tailspin.... Daily Telegraph

[kkclimber56] 28/7/2023 07:39

I think the flaw in that logic is that host governments in producing states would kick them out and find different partners

[xxxxxy] 28/7/2023 06:44

But we'd just like to point out that imagine what would happen if Shell did in fact stop exploring for, planning for, investing for, more oil and gas production? Their profits would soar of curse. They'd no longer have to carry the costs of exploring for, planning for, investing for, more oil and gas production. Also, they could fire everyone not specifically producing right now. Certainly, profits 20 and 40 years out would decline because if there's no investing now then there won't be production then. But the effect of not investing now would be that all the returns of the past 20 to 40 years of investing would be available to be paid out to shareholders right now. Instead of some being retained to invest for that future. Stop spending on the future and there's more profit now. Profits would truly soar. And then what would Greenpeace have to complain about? .... Refer to previous

[xxxxxy] 28/7/2023 06:42

Electric car, that runs on fossil fuels.

[xxxxxy] 28/7/2023 06:41

John Redwood@johnredwoodThe Uk should not impose extra taxes on car makers failing to sell at least 22% so called net zero vehicles from 2024. Battery cars rely on lots of fossil fuel generated electricity, whilst most customers do not want to buy the current battery cars.6:44 am · 28 Jul 2023·

[adg] 27/7/2023 11:01

Apologies - I was meaning in the near term not ad infinitum.
Where I was coming from is that a primary focus of Wael Sawan seems to be shareholder value/returns so imho I think that he will focus on this for the next several years (bigger picture dependent obviously) - hence me using the term virtually guaranteed.
That’s my take and tbh I have guessed it pretty much correct this past 2 to 3 years (ONLY on shell and bp, made some big mistakes on other shares too) and I have been lucky enough to retire early on the back of it.
I predict Shell will be in the £30s next year and BP £6, I also see dividends will be not far off pre 2020 levels. Debt for both companies gave me a wobble recently so good to see it reduced 10% last Q and also the Wokeness of both companies seems to be reducing Q on Q and they actually both seem to be growing a pair of testicles…R30;…
A move to USA would be most welcome but not gonna happen for a few years - but may well be on the cards for both.
Not to mention M&A activity that is quite possible with all this cash sloshing about……
ANALysts are cooling in BP & Shell so time to buy imvho

[anhar] 27/7/2023 10:46

adg: ...Virtually guaranteed dividend increase year on year...

This is not true at all. For example looking at recent times, for six years from 2014 to 2019 the divi was unchanged at 188 US¢. Then in 2020 it was cut by 65% to 65.3¢. In 2021 it was increased to 89.35¢ and 2022 to 103.75¢ but that's still far below the 2014-2019 unchanged payment of 188¢. Even the likely rise for 2023 continues to leave it well below that.

I've held SHEL for many years in my income port but there is no "virtually guaranteed dividend increase year on year". That could be true for 2021, 2022 and probably 2023 but that's a very short term and recent view. Longer term the company is certainly not shy about slashing divis or just holding them for many years.

[tornado12] 27/7/2023 09:05

Adg, I was a massive fan upto the 66% drop in dividend. But today for long term tax free isa income is no where near competitive. When it gets back to pre 2020 yield I could return

[tornado12] 27/7/2023 08:15

Divi still 30% below prepandemic levels. Was a fundamental mistake at the time. Won’t be back in until the divi north of at least 6-7%. The new CEO has dropped some of the stupid work culture and that for sure is a good sign. Not sure if and when it will get back to 35p/quarter .. GLA

[xxxxxy] 27/7/2023 07:40

Shell has announced a $3bn share buyback programme - a decrease from its $3.6bn programme in the previous quarte. Photo: Horst Galuschka/picture alliance/GettyEnergy giant Shell (SHEL.L) has felt the sharp end of falling energy prices in the first half of 2023, as its second quarter profits fell 56% to $5bn (£3.86bn). This missed analysts expectations.It announced a $3bn share buyback programme – a decrease from its $3.6bn programme in the previous quarter. It increased its quarterly dividend by 15% to $0.331 per share.It explained that adjusted earnings are lower than in Q1 2023 due to "lower prices and trading & optimisation results."... Yahoo Finance

[chiefbrody] 27/7/2023 07:14

15% div increase? Keep going like this every quarter and the div will be where it should be by the end of next year.

[the white house] 27/7/2023 06:34

Oil giant Shell exceeded my expectations Huge decrease in next debt, notable increase in free cash flow, increase in buyback over that just announced a few weeks ago 5 to 5.5bn (minimum) and increase in divvi. With 1 month of Q3 almost done Brent is 8 bucks up in a month or so and Gas is up on last Q end alsoWith a quieter trading August the buybacks will have more bites The Whale already cranking things up

[adrian j boris] 27/7/2023 06:19

Oil giant Shell misses expectations with $5.1 billion in second-quarter profit
Published Thu, Jul 27 20232:11 AM EDT

Sam Meredith
@smeredith19
cnbc

LONDON — British oil giant Shell

on Thursday reported a sharp year-on-year drop in second-quarter profit on weaker fossil fuel prices.

Shell posted adjusted earnings of $5.1 billion for the three-month period through to the end of June, missing analyst expectations of $6 billion, according to estimates collated by Refinitiv.

The company reported adjusted earnings of $11.5 billion during the same period of last year and $9.6 billion for the first three months of 2023.

Shares of the London-listed oil major are 3% higher year-to-date.

This is breaking news. Please check back for updates.

[xxxxxy] 26/7/2023 20:52

Toyota and Honda say timing of electric car mandate should be slowerPlanned rules will lead to carmakers being fined from January unless one in five new vehicles sold produces zero emissionsByBen Riley-Smith, POLITICAL EDITOR26 July 2023 • 8:54pm?Toyota and Honda have urged the Government to ease new rules which will lead to carmakers being fined next year unless one in five new vehicles sold produces zero emissions, The Telegraph can reveal.The zero emissions vehicle (ZEV) mandate, which replaces rules left over from the UK's European Union membership, is due to be introduced in January.But with less than six months before the net zero quota comes into effect, the Government is yet to reveal its exact approach, creating uncertainty for the car industry... Daily Telegraph

[geckotheglorious] 26/7/2023 16:41

Spawny

That's pretty good I have to say. Suspect Shell Superfast fibre is not available nationally. Will check.

Cheers ears.
Congrats on a decent deal.

Got Sick of VirginMedia. 200MBPS wasnt necessary. Nor was the £75 + per month (deal fell off - was paying £53 permonth)

[spawny100] 26/7/2023 15:25

67mbps £24.99/mo gecko

[the white house] 26/7/2023 14:34

Buybacks restart 8am tomozChevron numbers already positive guide to figs amBrent above 83Aircon crazy in EuropeGas strongDivvi increase from Aug 10One hour to Fill your boots

[geckotheglorious] 24/7/2023 16:33

spawny100
Post 3951
"Just rang to renew my broadband contract with Shell. Can only say great. Was connected straight away to a guy who clicked a few buttons and said done. We've been with them on superfast fibre for last 12 months and it's been faultless"

Superfast fibre?
What speed?
What's the monthly sub?

Cheers

[spawny100] 24/7/2023 15:07

Just rang to renew my broadband contract with Shell. Can only say great. Was connected straight away to a guy who clicked a few buttons and said done. We've been with them on superfast fibre for last 12 months and it's been faultless.