Shell Share Discussion Threads

[xxxxxy] 16/12/2023 11:23

John Redwood@johnredwoodFines for boiler companies not selling enough heat pumps start next year. This gas boiler tax is a bad idea. It's putting up boiler prices.6:08 am · 16 Dec 2023·

[the white house] 14/12/2023 17:44

Buffett bought 600m of Occidental today taking his stake to just the 27pc

[the white house] 14/12/2023 17:41

Pity someone that got caught out by the Fed sold up 325m pounds worth to bail themselves out today. Always the safer mega players get involved see Microsoft etc Up anyway so decent enough day

[xxxxxy] 14/12/2023 13:01

Think there is at least another 5 Pounds in this. Various reasons. Anyway, my thoughts.

[xxxxxy] 14/12/2023 09:04

Thing is increasing CO2 a bit is beneficial for planet. Plants love the gas... Absolutely love it.Increasing CO2 a bit increases the better measure of Planet Health, namely Biodiversity.Biodiversity.... Go to Wikipedia

[geckotheglorious] 14/12/2023 09:02

Shell is underperforming relative to its US peers for a reason.

It's worse run, it slashed its dividend(and hasnt since raised it back to prior levels) whereas the US majors maintained theirs, Reserves are lower at Shell, and the Production picture for Exxon/Chevron is far rosier than for Shell(or BP for that matter)

I wouldnt touch Shell with a bargepole anymore.

[xxxxxy] 14/12/2023 09:01

BREXIT FACTS4EU.ORG SUMMARYTonnes of greenhouse gas emissions per person, 2021These include carbon dioxide, methane and nitrous oxide from all sources, including land-use change. They are measured in tonnes of carbon dioxide-equivalents.Poland : 10.0 tonnes (60% higher than the UK)Germany : 8.9 tonnes (42% higher than the UK)EU27 average : 7.6 tonnes (21% higher than the UK)United Kingdom : 6.3 tonnes[Source: OurWorldInData.org, Oxford University - latest available data.]?© Brexit Facts4EU.Org 2023 - click to enlargeThe EU Commission's bizarre propagandaFaced with the reality of the actual data, the EU's statisticians clearly decided they needed to be creative. The best they could come up with was to use the unusual metric of 'tonnes per employed person'.One of the reasons this is odd is because all of us are in some way responsible for greenhouse gas emissions, regardless of whether we are employed or not. We have not seen this strange metric used by any other body and are sticking with the accepted "emissions of greenhouse gases per person" measure.....

[pj84] 13/12/2023 20:39

"Shell

It seems that the main reason to buy Shell (GB:SHEL) remains its cheap valuation, especially compared with its US peers.

Invesco Comstock managers Kevin Holt, James Warwick and Devin Armstong are the latest top-performing investors to have seized upon the shares’ low rating, buying into the oil giant in August.

‘Shell has underperformed recently, which allowed us to initiate a position in this top-tier oil and gas firm,’ they said in their latest update to investors.

They are three of 55 Elite Investors backing in the shares, resulting in Shell’s status as the top London-listed stock in the Citywire Elite Companies rankings.

Jon Bosse and Jujhar Sohi, who own Shell in their Nuveen Large Cap Value and Multi Cap Value funds, said the shares were ‘exceptionally undervalued’, adding that chief executive Wael Sawan was ‘driving positive change and a commitment to shareholder returns’ in an update to their investors.

These shareholder returns are in the form of growing dividend and share buybacks, with Shell’s investment strictly controlled to generate plenty of cash flow.

Oil and gas and production and trading profits are under pressure from an oil price which has been drifting lower since the summer. However, over the medium term, Shell should benefit from being one of the leading integrated liquified natural gas (LNG) players as gas remains a key transition fuel for countries aiming to reduce their carbon dioxide emissions.

With Shell shares trading on just 7.5 times forecast earnings for the next 12 months, it’s not hard to to see why management is growing buybacks.

Shell’s top Elite Investors
Elite Investor Fund Size in fund Rank in fund
Steven Magill UBS UK Equity Income Fund 8.3% 2/36
Martin Walker Invesco UK Equity 6.7% 2/36
Oliver Kelton WS Ardtur Continental European Fund 6.5% 3/24
Sources: Citywire / Morningstar, latest holdings data."

[adg] 13/12/2023 08:22

I paid less than £400 for M4 competition - so the difference in insurance probably covers the higher fuel costs for having a gas guzzler….. and higher road tax is offset (for a few years anyway) by cost of installing a home charger……;
EVs have been a huge con
Heat pumps (for 95% of population) have been/are a big con
Green energy initiatives has (mostly) been a huge con
Solar panels (mostly) are a big con and without costly battery storage systems provide electricity when you don’t need it in UK
There is a pattern here……..

[spud] 12/12/2023 22:08

My renewal quote jumped from £400 to £1400 (Thanks Carole Nash). Needless to say, I shall be shopping around. spud

[xxxxxy] 12/12/2023 21:56

The seven potential hidden costs of your new electric vehicleFrom insurance premiums to home chargers, owning an EV can be an expensive businessGareth Corfield... Daily Telegraph

[xxxxxy] 11/12/2023 19:07

Warren Buffett-backed US oil giant strikes $12bn deal to buy shale drillerThe takeover is the latest blockbuster energy merger in America this yearMichael Bow11 December 2023 • 6:34pm.. Daily Telegraph

[garycook] 11/12/2023 07:05

SHELL PLC THIRD QUARTER 2023 EURO AND GBP EQUIVALENT DIVID PAYMENTS

December 11, 2023

The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2023 interim dividend, which was announced on November 2, 2023 at US$0.331 per ordinary share.

Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by December 1, 2023 will be entitled to a dividend of US$0.331, EUR0.3070 or 26.31p per ordinary share, respectively.

Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros at the euro rate per ordinary share shown above. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling, at the pound sterling rate per ordinary share shown above.

Euro and pounds sterling dividends payable in cash have been converted from US dollars based on an average of market exchange rates over the three dealing days from December 6 to December 8, 2023. This dividend will be payable on December 20, 2023 to those members whose names were on the Register of Members on November 17, 2023.

[jrphoenixw2] 10/12/2023 22:16

Tomorrow brings the FX rate on the 3Q23 $0.331 div.
Watch this space:

[xxxxxy] 07/12/2023 09:54

Shell + BP =?

[xxxxxy] 07/12/2023 09:54

Australia's largest oil companies have launched talks on creating a A$80 billion (£41.7bn) global oil and gas giant as the consolidation in the fossil fuels industry escalates.A deal combining Woodside Energy and Santos would be the country's largest corporate deal in years and comes as the industry battles to address the challenges of decarbonisation.In October, American oil giant Exxon Mobil announced its largest deal in two decades to buy rival shale producer Pioneer Natural Resources for $60bn (£49bn).Later in the same month, Chevron announced a $53bn (£42.2bn) deal to acquire Hess Corporation.Perth-based Woodside, the larger of the two valued at A$56.9bn (£29.7bn), said the talks with Santos, valued at A$22.1bn (£11.5bn), were confidential and incomplete and that there was no certainty a deal would materialise."Woodside continuously assesses a range of opportunities to create and deliver value for shareholders," it said in a statement to the Australian stock exchange.... Daily Telegraph

[spud] 06/12/2023 22:19

Prices of Brent crude and West Texas Intermediate were down nearly 4% on Wednesday as an unexpected and significant increase in U.S. gasoline inventories added to concerns about lagging demand.spud

[f56] 05/12/2023 19:18

We have all the nuclear missiles ready to solve the problem immediately. lol. 😂😂😂😂

[f56] 05/12/2023 18:58

What is the definition of insanity? Earth the only habitable planet in the universe - ‘Please can we try to adjust the temperature to the nearest degree. We’re not bothered about people - we want to save the earth.’ Lol!

[f56] 05/12/2023 18:38

Little wonder that Putin is currently visiting Saudi Arabia and the UAE and simultaneously has his satanic missiles pointed at the west. Hardly takes a dummy to work out what comes next!

[adg] 05/12/2023 17:54

Couldn’t make it up if you tried
The year is 2023 not 1923
All as a result of the green woke agenda social media brainwashed nutters
God help us all

[xxxxxy] 05/12/2023 15:47

Net Zero calling....... Death by Hypothermia... Caused be Climate change fanatics.