Shell Share Discussion Threads

[the white house] 01/8/2024 13:12

Fiver up in a year based in London and still the moaners are out. Going nowhere and does not need to.Solid results & more chunks out of the debt pile, the current management are doing a great job of offloading minor assets and getting back into big oil and gas. Good to see actual production up YoY given a string of smallish sales Sterling off recently, Crude back in the 80's & the underestimated relentless huge buyback plan will come into its own in the quiet August trading days. Congratulations

[supermarky] 01/8/2024 12:29

I think it is a dead cert they will move out of basketcase socialist nirvana proft hating Britain.

[jrphoenixw2] 01/8/2024 10:41

DT:
' Shell’s latest results, which have boosted its share price by as much as 2pc in early trading, confirm its shift away from low carbon energies and back to its roots in oil and gas.
They also show how despite being based in London, it is rapidly reducing its exposure to the UK, where a succession of new taxes have destabilised the market and unnerved investors.
Earlier this week Shell announced it was selling 11 gas fields and one exploration prospect in the southern North Sea.
It is also selling the onshore Bacton terminal, a key UK strategic asset, which feeds North Sea gas into the UK transmission network that supplies much of London and southern England.
It follows chancellor Rachel Reeves’ move to add 3pc to the levies on profits from UK oil and gas production, taking total UK taxes to 78pc, plus cutting investment allowances.
Those latest levies are expected to accelerate the flight of oil majors from UK waters to regions with more stable tax regimes, such as the Middle East and South America.'
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South America a more financially stable business prospect than the UK under Labour. sadly UK consumers are going to pay for this...

[philanderer] 01/8/2024 10:28

Solid numbers.

[chiefbrody] 01/8/2024 07:43

Steady as she goes. One day it'll break 30 squid. No increase in the div but as expected. Not really a div seeking share now anyways.

[xxxxxy] 01/8/2024 07:37

Shell profits hit $14bn (£10.9bn )in the first half of the year as the energy giant accelerated its shift away from renewables back to oil and gas.The FTSE 100 listed company announced a better than expected $6.3bn (£4.9bn) of adjusted earnings during the second quarter of the year.It also announced it was extending its share buyback plan of $3.5bn over the next three months.Half year and second quarter profits were down compared to the same period's last year as the impact of the energy crisis triggered by Vladimir Putin's war in Ukraine subsides.The profits come after Shell halted construction work at one of Europe's largest biofuel plants, taking a $1bn (£780m) hit in the process and dealing a blow to airlines' hopes of offering passengers low-carbon flights. Chief executive Wael Sawan said: "Shell delivered another strong quarter of operational and financial results."He added: "We continue to demonstrate that we are delivering more value with less emissions."..Daily Telegraph

[craftyale] 01/8/2024 07:35

Definitely glass half full here also. Happy with my SHEL. How big is too big of a personal holding? ;))

[adg] 01/8/2024 06:52

Results in
Best profit forecast
No change to divi for Q2
$3.5b buyback announced

[xxxxxy] 31/7/2024 14:29

The common thread with these stocks and the UK market in general is that there is a lot of value on offer. said Russ Mould, investment director at AJ Bell. "Valuations aren't expensive, particularly relative to the US market and the tech titans in the Nasdaq."London's morning surge came despite yet another day of testing trading on the S&P 500, which fell by 0.5 per cent on Tuesday after more sell offs in big tech stocks.Mould added: "When we get a big sell-off in tech names, investors often rotate to more value-orientated stocks and the UK market is full of them."...Yahoo Finance

[mortlolc] 31/7/2024 12:00

These went up for sale 2 years ago - I think you maybe correct on pricing- perhaps Viaro waited to confirm a price until after the election result

[kkclimber56] 31/7/2024 11:27

Sale of Southern North sea assetsmust be another step towards Shell withdrawing from Uk and relisting in New York

[oilretire] 31/7/2024 10:14

Surprised this hasn't been posted.Interesting timing, probably had two prices agreed and went with the lower after labour confirmed their crazy industry tax plans.htTps://www.viaro.co.uk/post/viaro-energy-signs-agreement-to-take-over-shell-exxonmobil-s-uk-southern-north-sea-assets

[chiefbrody] 31/7/2024 09:52

Strong so far today. Ahead of results tomorrow or the Middle East...

[the white house] 29/7/2024 19:03

First day of 3 with no buybacks saw a decent 40p early doors disappear with the combined, but now a little familiar, double act of US selling and Brent jumping down. Why Brent regularly falls generous amount on this day in the Quarter is a mystery, or my mind may be playing tricks

[philanderer] 29/7/2024 17:47

Crude oil futures fell Monday as traders appeared unfazed by the risk of a widening war between Israel and the Iran-backed militia Hezbollah.

West Texas Intermediate

September contract: $76.86 per barrel, down 30 cents, or 0.4%. Year to date, U.S. oil has gained 7.3%.

Brent

September contract: $80.80 per barrel, down 3 cents, 0.41%. Year to date, the global benchmark is ahead 4.9%.


CNBC

[xxxxxy] 28/7/2024 04:57

Economists have long warned that net zero provides a golden opportunity for waste and rent-seeking. But some elites chose not to listen. We should start holding them accountable. Lobbyists argued for the subsidies, civil servants supported them, and finance ministers enthusiastically virtue signalled with other people's money.But too much investment creates overcapacity. Markets are better at deciding which technologies work than politicians, and if there is a genuine demand for a product then no one has to receive a grant to manufacture it, since the potential profits to be made will be incentive enough....Daily Telegraph

[xxxxxy] 28/7/2024 04:53

Note the term...subsidy junkies...they are the Parasites on the People.

[xxxxxy] 28/7/2024 04:52

Over the last few days, it has become clear that the EV industry is on the brink of collapse. Hundreds of billions of euros, dollars and pounds have been pumped into this industry by political leaders and the subsidy junkies that surround them – and it is surely time they were held to account for the vast quantities of taxpayer cash that has been wasted.In the last few days alone, there has been a steady stream of bad news from auto manufacturers. Mercedes, the company founded by Gottlieb Daimler that pioneered petrol driven cars, is struggling to replicate that success in the battery version. Group net profits were down 21pc on Friday, mostly on falling sales of its new range of EVs. Earlier in the week, its great rival Porsche watered down plans for its electric models....Daily Telegraph

[chiefbrody] 26/7/2024 12:35

Q2 results next week. Not been paying attention of late so no idea what's expected. Be nice to see the share price back in the 28-29 range.

[xxxxxy] 25/7/2024 10:49

Ford loses $50,000 on every electric carUS giant posts $1bn loss on EVs as manufacturers struggle with costs of shift from petrolBy Matt Oliver, INDUSTRY EDITOR25 July 2024 • 10:39am..Daily Telegraph