Shell Share Discussion Threads

[kkclimber56] 16/5/2024 21:46

I agree that Shell will move its HQ and relist in the USA.That is different "leaving the UK" and any decisions around its UK based operations will be a seperate issue al though I think it is inevitable that investment in the UK business will decline. What it does mean is that it would eliminate once and for all any risk of the UK gov trying to get its sticky mits on the groups global earnings unrelated to UK based operations.

[xxxxxy] 16/5/2024 17:24

So price is 33++

[xxxxxy] 16/5/2024 17:23

I think when Labour arrives , that will finally make Shell leave the UK.Virtue signalling comes with a cost.

[xxxxxy] 16/5/2024 17:21

The US oil giant Chevron has announced it will quit the North Sea after 55 years, the day after Jeremy Hunt turned down industry pleas for support at a private meeting.Chevron said that it had decided to leave the region following a review of global operations to determine "whether assets are strategic and competitive for future capital". The company insisted this was not connected to Britain's tax regime.... Daily Telegraph

[philanderer] 16/5/2024 12:07

Brent = 80.38 USD

[the white house] 15/5/2024 15:38

Not many buying pre divvi day tomorrow...Debatable corporate action in the buyback front with this lot buying the same amount daily (circa 1.8m) as opposed to all the others who stand back on a rise and save a days/few days worth for the rainy days like today to avoid larger downsides

[chutes01] 15/5/2024 14:31

Retiree and deferred pensioner pay outs being continually eroded, discussed in HoP today

[veryniceperson] 15/5/2024 14:23

Reality has finally bitten, but they have to keep a finger in the pie of renewable energy. Be silly not to.

[philanderer] 15/5/2024 13:27

Berenberg raises Shell price target to 3,400 (2,950) pence - 'buy'

[jrphoenixw2] 14/5/2024 09:25

I received this notification from my broker this morning:
--------
Mandatory Corporate Action
Description SHELL PLC ISIN GB00BP6MXD84
EffectiveDate 2024-05-16 Deadline 20240516 00:00 GMT-4:00 20240516 05:00(LOCAL)

SHEL@LSE (Name: SHELL PLC) announced a spin-off, effective 20240516.
The terms of the spin-off are 1 : 1.


Please note that this Corporate Action Event is mandatory. No further action is required from you.
--------

Does anyone know what is being spun off? I don't recall hearing anything about such a plan. ...maybe it's of no consequence to retail investors?

[chiefbrody] 10/5/2024 16:55

Not a bad day. Blue sky ahead.

[chiefbrody] 09/5/2024 15:43

33 squid by November. I'm fine with that too!

[adg] 09/5/2024 13:18

That would be most welcome - I could live with that👍

[the white house] 09/5/2024 11:16

Nice new batch of buybacks to exploit and price hitting strong levels has seen 8m & 20m of sales cramping our style around the 29 mark. Once these age out it will be interesting to see if going forward if the quieter months of summer lead us into a repeat of the 3 years on the bounce run up of 4 pounds between July & Nov (Brent was 50, 100 & 85 ish for the lose periods)

[xxxxxy] 09/5/2024 07:07

Delay petrol ban beyond 2035, says Sir Jim RatcliffeBillionaire calls for relaxing of net zero laws as demand for electric cars 'dries up'Matt Oliver, INDUSTRY EDITOR... Daily Telegraph

[xxxxxy] 08/5/2024 22:20

Marxist Economy = FAIL.We will be Cuba in the rain.

[geckotheglorious] 08/5/2024 21:03

"Shell to Sell Singapore Oil Assets to Glencore-Indonesia JV"
Shell Plc has agreed to sell its Singapore refining and chemicals assets to a joint venture between commodity trader Glencore Plc and Indonesian company PT Chandra Asri Pacific.

As part of the transaction, Shell will transfer all of its interest in Shell Energy and Chemicals Park Singapore, which comprises refining and chemicals assets on Bukom and Jurong islands, to the JV, it said in a statement on Wednesday, which confirmed a Bloomberg News report from last week.

Financial details of the deal were not disclosed, although people familiar with the matter have said it could be worth about $1 billion.

Shell’s Singapore assets include a refinery capable of processing 237,000 barrels of oil a day, a facility on Jurong Island that produces monoethylene glycol and an ethylene plant on Pulau Bukom.




Small beer...

[the white house] 07/5/2024 15:54

Good news, RNS re bidding war for South African retail business. Another small chunk of debt to be paid down. Net debt here fell by 3bn in last Q while it rose by 3bn at BP (half the size) today

[xxxxxy] 07/5/2024 12:14

Got to be looking at 33

[xxxxxy] 07/5/2024 12:13

Electric car sales to private consumers have plunged by a fifth amid growing concerns that the industry will miss its legal net zero targets. A total of 22,717 electric cars were registered in April, an increase of 10.7pc compared to a year earlier, but this was overwhelmingly driven by businesses. ... Daily Telegraph

[craftyale] 07/5/2024 11:31

Back over 29 again. Perhaps for good, progress to 30 please.

[xxxxxy] 05/5/2024 18:46

The best part of mythical Net Zero is the power.... And it's nuclear... Is Shell missing a trick about nuclear.Anyone know?