Shell Share Discussion Threads

[ariane] 25/7/2003 13:28

Hectotp,tend to agree.

nice post

thanks

[hectorp] 25/7/2003 13:19

lehman Bros downgrade from buy to hold , due to Shel not buying back shares in the 2nd half.
However this isn't a case for selling or reducing SHEL from current share price IMO. And, the dividend is increased 6.1p. Letsd face it Shel is a strong hold.
This dividend is not in any threat over the coming year, and the stock is very possibly fairly valued 'around' 400P - if Crude remaind in the mid $20s/PB ... however crude MAY remain higher for some time to come.
DYOR.

[ariane] 24/7/2003 10:29

(Adding details throughout)

LONDON (AFX) - Anglo-Dutch oil giant Royal Dutch/Shell Group saw earnings in
the second quarter rise 51 pct as oil prices surged.
For the three months to June, the group's adjusted earnings on a current
cost of supply basis reached 3.3 bln usd, up from 2.2 bln last time and slightly
ahead of analysts' forecast range of 2.7-3.2 bln usd.
But this is was below the 3.9 bln usd it reported in the first quarter, its
best quarter ever, as oil prices have started to ease.
Its net income for the period rose 28 pct to 2.8 bln usd.
"This strong performance - building on the achievements of 2002 - confirms
that our strategy is working well. We are continuously upgrading our portfolio
so that it provides both resilience in uncertain times and a great platform for
growing shareholder value," said Philip Watts, chairman of Shell Transport and
Trading Co.
On an adjusted CCS basis, Royal Dutch second quarter earnings per share rose
23 pct to 0.85 eur as against 0.69 last time, while Shell Transport EPS rose 37
pct to 8.5 pence.
Shell's first half adjusted CCS EPS stood at 18.6p, compared to 11.9p.
Dividends were raised by 2.8 pct to 0.74 eur for Royal Dutch and 2.5 pct to
6.10 pence for Shell Transport, both consistent with analysts' expectations.
Return on average capital employed improved to 17 pct from 12 pct last time.
Commenting on oil prices, the group said outlook for the second half will
depend on OPEC supply in response to the return of Iraqi exports to the oil
markets, and on the state of the global economy.
The North American natural gas market continued to see high prices over
the second quarter of 2003. In the near term, prices are expected to "remain
strong by historical standards," it said.
Refining margins reverted to lower levels during the second quarter, as
the impact of supply disruptions, heavy US refinery turnarounds and a cold
northern hemisphere winter abated.
Margin outlook for the rest of 2003 remains uncertain, it added.
"Much will depend on the state of the global, and in particular the US,
economy. Singapore margins are expected to remain depressed for the rest of the
year given the substantial refinery capacity overhang in the region," it said.
In chemicals, difficult trading conditions continued as a result of
volatility in feedstock prices and weak product margins negatively impacting
earnings.
The outlook for chemicals remains "vulnerable" due to uncertainty and
volatility in feedstock costs and the global economy, the company said.
The planned 12 bln usd investment programme for 2003 is on track, with
synergies from all 2002 acquisitions ahead of schedule, delivering pretax of 660
mln usd by mid-2003.
The group ruled out further share buybacks this year as its focuses on
"balance sheet management and attractive incremental investment opportunities."
mbe/sk

[hectorp] 24/7/2003 09:13

Results
- return on capital 17.1% ( 11.7)
Net income up 28%
Adjusted earnings plus 51%

Interim Div up by 6.1 p her UK Shel share....
not too bad, allowing for more expenditure on capital projects etc.
- the current share price should be easily supported / with some upside maybe 20-30p?
good lukc all.

[ander] 21/7/2003 23:12

as a new Shell shareholder could someone tell me when the next dividend is due.Also how long do you have to hold them for, to get the dividend.

[ander] 21/7/2003 16:56

thank you waldron

[waldron] 21/7/2003 14:23

Dividends - 2003 Interim
Shell Transport - Ordinary shares (UK Register)
Dividend announced July 24, 2003
Ex-dividend date August 13, 2003
Record date August 15, 2003
Payment date September 17, 2003


Ander imho and in theory, if you bought them on 12th August 2003 and sold them after the 15th August 2003 you would be due your dividend,payable on September 17th 2003.

[maywillow] 16/7/2003 13:23

RIYADH (AFX) - A consortium comprising of Royal Dutch/Shell and Total SA won
significant gas exploration and production contracts from the Saudi government,
the official SPA news agency reported.
[e-mail]
oh/sr/leb

[tav22] 10/7/2003 18:18

Day 1,breach of 3.90.

[hectorp] 09/7/2003 23:37

Two points:

look in on the thread called OPTS where we discuss various trategies including SHEL.

I traded SHEL traded options as follows as I feel the current share price is not too demanding, having been 420. and think that in a years time won't be less than now ( maybe you agree, I dont know) anyhow the trade gains even if SHEL are 393 in June 2005.
using a 'calendar spread ( bought the 390 June 05 calls, and 'wrote' or sold the Sept 03 390 calls for a premium of 18p. The total cost of my trade was 38p per trade... much less than buying SHEL.

secondly - is Nigeria a basket case in the making, or already so, and if we can not do busines with Nigeria in future , will this affect SHEL negatively ( allowing that the crude price of Nigeria is not producing, could rise to partly compensate).

[grupo guitarlumber] 24/6/2003 14:45

can't see change in Dividend policy jarbie. i shell keep on the lookout

[grupo guitarlumber] 24/6/2003 14:43

CAIRO (AFX) - Royal Dutch/Shell Group is to invest 1 bln usd over the next
few years to prospect for gas in an off-shore concession it has in Egypt, a
company official said.
The investment was announced yesterday by Royal Dutch/Shell vice president
Jeroen Van der Veer during a ceremony with Egyptian Prime Minister Atef Ebeid to
inaugurate a compressed natural gas (CNG) station, the official said.
"They (Shell group) said they intended to spend one billion dollars on the
existing NEMED (North East Mediterranean) field," the official said, confirming
Egyptian newspaper reports.
The official, who asked not to be named, added that a drilling platform,
which he described as the largest in the world, will arrive in September to
start operations.
Producing one quarter of Egypt's total supply, Shell is the largest producer
of liquified natural gas in Egypt.
Shell has already invested 3 bln usd in oil and gas prospection in Egypt,
mostly in the Western Desert, though it also operates concessions onshore and
off-shore in Matruh in the west, in the Nile Delta and in the Mediterranean.
Egypt's known natural gas reserves have steadily increased over the past 10
years, reaching 1.656 trln cubic meters last October.
Shell plans to invest 28 mln usd to set up at least 35 natural gas stations
and 11 conversion centers by 2006, the company said in a statement.
"As a key player in the natural gas sector, Shell Egypt is committed to
encouraging the use of natural gas in households and vehicles," chairman of
Shell Egypt Andrew Vaughan said in the statement.
at-lc/jkm/wf

[jarbie] 21/6/2003 21:58

since last dividend payment in may, final, i thought shell was going to pay dividends quarterly, was there a change of plan?

[maywillow] 20/6/2003 06:24

LONDON (AFX) - Royal Dutch/Shell has detailed payments made to the Nigerian
government, which amounted to 630 mln stg last year, the Guardian reported.
The newspaper said the information is included in a new report on Shell's
operations in the turbulent west African nation, which also shows the
Anglo-Dutch company produced 15.5 mln tonnes of greenhouse gases.
The 2002 financial details -- included for the first time in such a report
-- are attributed to various petroleum taxes and other "levies".
ijl/slm/

[maywillow] 16/6/2003 15:41

LONDON (AFX) - Shell Hydrogen, part of the Royal Dutch/Shell Group of
Companies, said it signed a development, marketing and sales agency agreement
with Vandenborre Technologies NV.
Vandenborre Technologies is a wholly-owned subsidiary of Stuart Energy
Systems Corp.
The agreement gives Shell Hydrogen access to Vandenborre's
electrolyser-based hydrogen home refuelling products, the company said.
A home hydrogen refuelling unit consists of a so-called "small-scale
electrolyser powered by mains electricity" that converts water from the domestic
supply into a slow stream of hydrogen. The only local emission is oxygen.
Shell said the technology offers the prospect of drivers parking in their
front drives or parking spaces at the end of the day and connecting their
vehicles to home refuelling units for a steady refill overnight.
Under the agreement, Shell Hydrogen obtains non-exclusive rights to act as
agent for Vandenborre's home refuelling technology. It will conduct market
analysis of the potential of home hydrogen refuelling, while Vandenborre
Technologies will develop and manufacture home refuelling units.
The companies expect to introduce a first prototype for field testing within
a year in a European market, Shell said.
mbe/slm/

[maywillow] 03/6/2003 06:35

NEW YORK (AFX) - Royal Dutch/Shell Group plans to expand its natural gas
operations to take advantage of rising demand in the US and the Asia Pacific
region, the Wall Street Journal quoted chairman Sir Philip Watts as saying.
Watts said demand for natural gas as a fuel may outstrip oil in the next two
decades. He said Shell is moving aggressively to establish positions in regions
that are already experiencing that growth, including the US, where gas supplies
remain tight.

[maywillow] 02/6/2003 07:47

RNS Number:7844L
Sainsbury(J) PLC
02 June 2003



100 SAINSBURY'S STORES PLANNED TO OPEN ON SHELL FORECOURTS CREATING UP TO 2,000
NEW JOBS

Shell U.K. Limited (Shell) and Sainsbury's Supermarkets Limited (Sainsbury's)
have today announced plans to expand their joint fuel and convenience store
operation at 100 existing Shell locations across the UK, creating up to 2,000
jobs.

This decision follows a successful trial at six sites combining Shell's branded
forecourts and Sainsbury's Local store format. The emphasis of each site will be
on convenience, quality fuels and ease of shopping. The stores will provide a
range of ready meal solutions, quality fresh fruit, vegetables and prepared
salads, beers, wines and spirits, bakery, everyday non-food items and Shell's
car care and lubricant products.

Sir Peter Davis, Sainsbury's Chief Executive said: "The Sainsbury's Local format
is a great success; measured by sales per sq ft, eleven of the top twenty
performing stores in the company are Locals and three of these are located on
Shell forecourts. We believe our convenience store offer is the best in the UK
and by working with Shell we can bring Sainsbury's quality convenience food
shopping into new areas of the UK and within easy reach of millions of new
customers."

Adrian Loader, President Shell Europe Oil Products, said: "This is a very
attractive offer for UK motorists and shoppers. The extensive range of products
in the Sainsbury's Local format together with our selection of quality fuels and
lubricants - including Shell Optimax, the best selling premium fuel in Britain -
makes for a winning combination.

"It is tremendous news that we are looking to expand our joint operations at 100
sites and this alliance fits in very well with our strategy of managing our
portfolios flexibly to deliver better value and more choice to our customers."

-ends-

[maywillow] 28/5/2003 16:18

RE: SSSS , Seems to be increasing in the States