Shell Share Discussion Threads

[xxxxxy] 28/4/2024 15:25

https://www.google.com/amp/s/www.businessinsider.com/the-ten-most-important-climate-change-skeptics-2009-7%3famp

[the white house] 26/4/2024 18:50

Decent Q. buybacks done today leaving just the 3 days until Thursday to negotiate with no support, strength in Brent would be useful early next week with Mon looking north currently3.5bn buck buybacks based on Q average of 83ish for last two Qs so similar plan should be put in place next week for June to end Aug. With 1/3 of this Q almost done at 89ish average programme from Sept 1 may be even stronger With the inc div and share price rising from 24 1/2 to 29 in the Q the flywheel is really cutting in and momentum enough to see the desired rerating happening at a fair old clip

[xxxxxy] 26/4/2024 16:26

Mr Trump will wish to renew his big tax cuts where some are due to retire, and will also wish to onshore more investment. He will renounce the Paris Climate Agreements and will promote more cheap oil and gas from domestic sources. He will cut green subsidies and regulations. This will make a big difference to the world policy of decarbonisation. With China and India continuing to boost fossil fuel output and use, joined by the USA, Europe will be lonely with its anti oil and gas policies.The UK and Europe need to ask themselves what are they going to do about the drive to use more fossil fuel in India , China and many emerging market economies? It makes no sense to close our industrial plants only to import from high CO 2 producing countries. It seems very unlikely  the world can hit its targets for 2030 for CO 2, as fossil fuel use continues to increase. Even under Biden the US has added to her output of cheap oil and gas.  If the USA joins in with more fossil fuel it makes it even less likely targets will be hit. When are the international target setters going to confront the truth about India, China and other large emitters? Are they happy with President Biden adding to US oil and gas output? What would they do if Mr Trump becomes President and renounces the plans. ? ....John Redwood

[adg] 25/4/2024 17:43

About the most sensible words that any political party has said in decades

[xxxxxy] 25/4/2024 11:19

Reality hits Marxist economics .I know which will succeed .

[xxxxxy] 25/4/2024 11:18

The net zero crackdown on combustion engines could force the maker of Vauxhall to pull out of Britain, its boss has warned.Carlos Tavares, chief executive of Stellantis, said that a law to limit petrol car sales was a "disaster for the UK" that would force manufacturers to sell vehicles at a loss.If ministers did not make urgent changes to the rules, he suggested Stellantis could be required to slash the number of cars it sells in Britain – or even stop selling them here altogether...Daily Telegraph

[garycook] 23/4/2024 06:35

Shell,Total in talks about acquiring stakes in ADNOC,s New LNG project. Source Bloomberg.

[xxxxxy] 22/4/2024 06:36

Switching to green power could add £29 billion a year to household bills, analysis suggests.And the net zero investment could see the poorest households £700 worse-off, according to the Resolution Foundation analysis....Daily Telegraph

[the white house] 19/4/2024 19:13

You told us grandly not long back you had sold out completely at 24 as the divvi was poor. Clever guy

[spud] 19/4/2024 18:39

Aka the clot in clogs. spud

[adg] 19/4/2024 18:31

Yes - van Beurden really was a silly blinkered nut-zero tree huger pretend oilman wasn’t he - what a complete tool

[xxxxxy] 19/4/2024 17:22

Good and fair article .

[loganair] 18/4/2024 09:17

It is a well known fact that especially oil companies buy back their shares near the highs which is poor value for the share holders.

It is the brokers who are making loads of money out of the fees they receive.

[geckotheglorious] 18/4/2024 09:00

Spot on CraftyAle

[hellscream] 18/4/2024 07:21

edd milliband is a good enough reason to leave.

[xxxxxy] 18/4/2024 07:03

True ...Sadly

[craftyale] 18/4/2024 06:56

Shell are considering a move to the US for good reason. The British public, media and politicians scream when profits are announced. Shareholders are akin to Satan for receiving a dividend. A company that produces a product that society desperately needs is seen as evil. All from a lazy, socialist, dysfunctional and opinionated UK public that have achieved nothing since WW2. Shell needs to leave the UK and become an unshackled and appreciated company. Shells buybacks are a direct consequence of an idiot government which is destroying the UK. Actions have consequences, unless you are the UK public who just bend over and take it. Buybacks wouldn’t be happening in the US.

[xxxxxy] 18/4/2024 06:51

Passenger car sales dropped in Europe as demand for electric vehicles dried up.New-vehicle registrations fell by 5.3pc across the European Union to 1m last month, according to the European Automobile Manufacturers' Association, with EVs particularly hard hit.Sales of battery-powered cars dropped by 11.3pc as demand in Germany, Europe's largest economy, plunged by 28.9pc.The market share for EVs shrank from 13.9pc in March last year to 13pc in the same month of this year. It comes as Volkswagen, Mercedes-Benz and Tesla all reported falling electric vehicle sales in the first three months of the year....Daily Telegraph

[pj84] 18/4/2024 00:50

Warren Buffet doesn't agree and believes buybacks should only occur when the share is undervalued. He also thinks asking management whether their company is undervalued is like asking an athlete before a game whether they think they will win and for that reason a buyback should be based on some value metric so that buybacks only occur when the share is undervalued and not the current fashion of routinely using buybacks as a way of returning capital. He regards that as being akin to saying I have x amount to spend on buying a business and I don't care how high the price goes I am still going to buy.

I agree with loganair on this and many other shares.

The institutions arranging the buybacks always win with their fees a bit like lawyers.

[the white house] 17/4/2024 12:32

Clueless & ignorant postbuybacks started a couple of years BEFORE Covid

[loganair] 17/4/2024 07:33

Typical of oil companies to buy back their shares when their share price is near all time highs.

The problem is when the oil price is high, oil companies are making huge profits and their share price in turn is high. At these times I would like to see Shell hold on to their profits until the oil price falls back leading to a drop in their share price then use the profits they've held back to buy back share.

How about Shell buying back their shares during covid, buying back as many as they could when the share price was under £10, could have bought back 3 shares for the same price as they are now buying back just 1.

It would be in the share holders interests for Shell to stop buying back shares when over a certain price, for example when the share price is above £20 Shell stops and when falls below restarts it share buy back programme.

More often then not, share buy backs destroy value in a company.

[veryniceperson] 16/4/2024 23:21

Just think about how many millions they are saving on the dividend payout. Debt reduction when they finish share buybacks. Then, just think about what the share price might be and the size of the dividend. It's the same as BP, which I hold.

[the white house] 16/4/2024 14:40

Further restrictions/sanctions of Iran to sell oil to come : Yellen