Shell Share Discussion Threads

[xxxxxy] 14/10/2024 08:05

Conservative could have effected that too.

[xxxxxy] 14/10/2024 08:05

John Redwood@johnredwoodIf the government wants to keep and grow industry in the U.K. it needs to bring our energy prices down to US levels. The PM says he will strip out anti business regulations. Start with carbon trading and energy taxes. They increase world CO 2 by forcing us to import.

[xxxxxy] 12/10/2024 15:57

Electric car battery maker's value slashed by 85pcHit to Northvolt's shares comes as carmakers endure sharp downturn in demand for EVs...Daily Telegraph

[xxxxxy] 12/10/2024 12:28

Point taken...but increases in World Population is unsustainable in the the Closed System of Planet Earth.That said increases in CO2 no bad thing as increases in rate of photosynthesis. That said a better , far better measure of Planet Health is Biodiversity...currently dominated by human activity...negative one way or another, and not much to do with Climate Change. Climate change Obsession is a new Religion...Climate changes all the time of Planet Existence until Sun fails.

[steve73] 12/10/2024 02:14

xxxy, most of the "West" has "delegated" much of its CO2 production to the heavy manufacturing centers in the Far East.

Since almost everything we do or buy has been produced/funded by energy (aka, fossil fuels) then it follows that the total GDP would far more accurately represent how much CO2 each country is really responsible for.

By this measure, the UK with a nominal GDP of $3.5 Tr represents just over 3% of the global total of $109 Tr (ie. far higher than the 1% or so that direct energy use suggests).

By this measure the US is by far the largest contributor with a GDP of $29 Tr, followed by China at $18.5 Tr, then Germany with just $4.6 Tr.

An even better way of looking at this is by GDP per capita, so the US with its population of 330 or so million, are responsible for around 10x that of China's 1.4 Billion population (which is just under the global average). The UK is around 60% of the US's contribution. The highest GDP/capita is Monaco at 3x the US, or almost 20x the global average.

The numbers I've used are mainly the 2024 estimates from the IMF as reported by wiki.

And fwiw, I don't agree that climate change is solely caused by human activities, although I do think the global "we" should be making efforts to reduce our overall consumption, and the "pollution" that inevitably results.

[pete160] 10/10/2024 21:34

'will likely support an attractive dividend yield of 11.1%'Eh?

[waldron] 10/10/2024 14:33

Should I 'buy' Shell or BP? Here's what a leading investment bank has to say

Published: 13:22 09 Oct 2024 BST


Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC face mixed forecasts as they prepare for third-quarter reports, according to JP Morgan’s latest research on the oil and gas sector.

Both companies are expected to see lower profits in the upcoming quarter, though Shell's outlook is seen as more stable than BP's, reinforcing its position as a preferred investment.

The Anglo-Dutch giant, which will release its results on October 31, is forecast to post a net income of $5.4 billion for the third quarter. This is a drop from the $6.3 billion reported in the same period last year.

The decline reflects weaker trading in refined products and a seasonal reduction in liquefied natural gas volumes, but JP Morgan analysts suggest Shell remains a resilient performer.

The company’s robust cash flow, forecast at $12.5 billion, will likely support ongoing share buybacks of $3.5 billion and an attractive dividend yield of 11.1%​.

BP, on the other hand, faces a more challenging quarter. Net income is expected to be $2.3 billion, down 30% from the prior year, while BP's cash flow is also projected to fall to $6.3 billion.

Analysts highlight higher maintenance costs and lower production in key regions as significant factors behind the weaker performance. BP’s long-term strategy could be under scrutiny amid reports that it may reconsider its target to cut oil and gas production by 2030.

Looking at the broader market, oil prices are expected to remain volatile, with forecasts for Brent crude at $70 per barrel in 2025, down $10 from earlier projections.

This could impact the long-term earnings of both companies, though Shell appears better positioned to weather the market’s ups and downs due to its higher free cash flow and disciplined capital management.

BP’s outlook, by contrast, remains more uncertain as it contends with the fallout of strategic shifts and potential reductions in production.

JPMorgan analysts have reiterated their 'overweight' rating on Shell, maintaining that it is one of the best-equipped companies in the sector to handle volatility. BP, however, continues to carry an 'underweight' rating.

PROACTIVE

[xxxxxy] 10/10/2024 09:37

JOHN REDWOOD DIARYClimate change "zealots" and climate change "deniers"October 9, 2024 Some thoughts on the debate.1. No science is ever settled. People who study climate and weather patterns produce models which seek to predict future temperatures. These can always be queried and improved as new data is collected and as researchers improve their understanding. There would be no point in hiring so many researchers and spending so much on this topic if we already have all the answers and perfect forecasts.2. Geologists and earth historians have produced compelling evidence of plenty of climate change in earth history. Before any people were on the planet there were periods when the climate was much warmer than today, and much colder. Climate change continued with people on the planet before they burned a single lump of coal or any oil and gas. This means there are obviously drivers of climate change from natural causes that climate scientists should include in their models and seek to forecast.The idea that climate change is just driven by man made C0 2 is not good science.3. CO 2 is a greenhouse gas. As China and India generate much more of it and are increasing their output so that will add to warming, before adding in other climate changing phenomena. The U.K. contributing under 1% and falling is not making much difference to a growing world total. Those concerned about the role of man made CO 2 should concentrate on changing the behaviours of the big and growing contributors. The five largest producers are China, USA, India, EU and Russia.4. To give us accurate forecasts of future temperatures model makers need to include volcanic activity, changes in water vapour and cloud concentrations, sun intensity and solar flares, shifts in currents and wind patterns and other crucial variables affecting weather and climate.5. The temperature in 1990 or just before large scale industrialisation was not necessarily optimum. Some places suffer too much from the cold at 1990 temperatures, just as more could suffer from too much heat if there is too much warming. More CO 2 is good for plant growth. Earth history implies it is difficult to create climate stability given the strength of some natural forces that shift from ice age to warm period and back.6 Adaptation to changing climate is an important option. Where there might be drought there needs to be more water storage and irrigation. Where there might be flood there needs to be better pipes, conduits and river containment to take extra volumes.

[xxxxxy] 08/10/2024 08:22

Martin Whapshott35 min agoAppliances such as EVs and heat pumps are on the load side of the equation and do not reduce CO2 emissions. In fact they increase emissions as that extra load has to be satisfied with high carbon LNG fuelled power generation or expensive imported "green" power that displaces continental loads onto Germanys dirty brown coal fired power stations. Just because you plug something in doesn't magically make the wind blow harder nor make the sun shine at night or part the clouds.People that choose to use these products should be taxed extra money in order to create the truly green power to satisfy their demand. What we shouldn't be doing is subsidising patently well off people who can afford a £60K EV or a £18K heat pump just so they can polish their virtue signalling credentials...Daily Telegraph

[xxxxxy] 08/10/2024 08:18

https://www.telegraph.co.uk/business/2024/10/08/theres-a-low-carbon-energy-technology-that-actually-works/

[xxxxxy] 08/10/2024 08:09

Electricity prices in the UK are already much higher than those in Europe, with official data last month showing companies here suffer the highest bills of anywhere in the developed world....Daily Telegraph..In the way to ..Cuba in the rain....

[xxxxxy] 07/10/2024 20:20

Electric vehicle (EV) insurance premiums are set to soar under a regime shake-up, it has been warned.Insurance premiums for EVs and Chinese-made cars in particular could skyrocket after a new Vehicle Risk Rating (VRR) system was rolled out last month, an expert said.VRR will eventually replace the group-based system of insurance, which bands vehicles into 50 separate premium categories.Five key categories go into the VRR rating, including performance, damageability, safety, security – and "repairability"....Daily Telegraph

[the white house] 07/10/2024 13:55

I think he has missed the big insignificant 400 million tons of LNG liquification volumes they have found down the back of the sofa..China signed off reopening open cast mines...Goldmans calling 90 bucks oil if an Iran refinery is hit

[andyadvfn1] 04/10/2024 10:13

Haha, got to laugh. Taking the pee or what after strong arm gangster tactics forced shell to cede control in 2007 to effectively forcing them out completely in last few years.

[xxxxxy] 04/10/2024 07:28

Subsidies...Marxist Economy...will fail.

[xxxxxy] 04/10/2024 07:12

Matt OliverIndustry Editor04 October 2024 6:03am BST?Sales of diesel cars are growing faster than those of electric vehicles (EVs) as money-conscious consumers refuse to make the switch, top manufacturers including Ford, Volkswagen and Vauxhall have warned the Chancellor.In a letter to Rachel Reeves, the chief executives of 10 major carmakers urged ministers to increase subsidies for EVs or row back on "flawed" legally binding sales targets....Daily Telegraph

[xxxxxy] 04/10/2024 07:08

Oil is on track for its strongest week in more than a year as the conflict in the Middle East ratcheted up amid Israeli air strikes on Lebanese capital Beirut...Daily Telegraph......sad reasons though.....sooner Iran and Hamas and that sewage dealt with the better.

[the white house] 03/10/2024 14:20

Brent up 3 bucks, Biden discussing Israel sign off to bomb Iran oilNat Gas up 3pcOne way

[the white house] 03/10/2024 08:36

Good news : Bailey signalling more aggressive cuts to rates, bad for Sterling strength = good for Shell as rates fall to below divvi levels again investment income sentiment will continue to move towards the likes of Shell. with future divvi increases and rates falling together with helping buybacks outlook and price will strengthen