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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shell Plc | LSE:SHEL | London | Ordinary Share | GB00BP6MXD84 | ORD EUR0.07 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 8.50 | 0.33% | 2,559.50 | 391,113 | 08:32:34 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 2,559.00 | 2,560.00 | 2,574.50 | 2,554.50 | 2,558.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | USD 316.62B | USD 19.36B | USD 3.1102 | 8.20 | 158.78B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:32:34 | AT | 495 | 2,559.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 20/11/2024 | 17:38 | UKREG | Transaction in Own Shares |
| 19/11/2024 | 17:37 | UKREG | Transaction in Own Shares |
| 18/11/2024 | 17:31 | UKREG | Transaction in Own Shares |
| 15/11/2024 | 17:42 | UKREG | Transaction in Own Shares |
| 15/11/2024 | 09:54 | ALNC |  Big energy firms pledge USD500 million for sustainable energy access |
| 14/11/2024 | 18:28 | UKREG | Transaction in Own Shares |
| 13/11/2024 | 17:51 | UKREG | Transaction in Own Shares |
| 12/11/2024 | 17:47 | UKREG | Transaction in Own Shares |
| 12/11/2024 | 08:37 | ALNC | TOP NEWS: Shell wins case against climate group in Netherlands |
| 12/11/2024 | 07:53 | UKREG | Shell welcomes Dutch Court of Appeal ruling |
Shell (SHEL) Share Charts1 Year Shell Chart |
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1 Month Shell Chart |
Intraday Shell Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 20/11/2024 | 22:00 | Shell | 5,243 |
| 22/8/2023 | 12:11 | The man in the helicoptor | 4 |
| 27/10/2022 | 06:29 | Shell | - |
| 07/2/2022 | 17:53 | You can be sure of Shell | - |
| 22/1/2022 | 20:14 | Stand up the true SHELL, Royal Dutch and or Transport | 3,063 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:32:34 | 2,559.50 | 495 | 12,669.53 | AT |
| 08:32:32 | 2,559.00 | 207 | 5,297.13 | AT |
| 08:32:32 | 2,559.00 | 372 | 9,519.48 | AT |
| 08:32:09 | 2,560.05 | 388 | 9,932.98 | O |
| 08:32:01 | 2,560.00 | 372 | 9,523.20 | AT |
| Top Posts |
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Posted at 21/11/2024 08:20 by Shell Daily Update Shell Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker SHEL. The last closing price for Shell was 2,551p.Shell currently has 6,224,278,848 shares in issue. The market capitalisation of Shell is £158,781,353,412. Shell has a price to earnings ratio (PE ratio) of 8.20. This morning SHEL shares opened at 2,558p |
Posted at 08/11/2024 19:53 by xtrmntr The gap between BP (BP.) and Shell (SHEL) looked wider than ever after the latter released positive third-quarter results, and reassured investors its buybacks remained affordable. Earlier this week, BP flagged a potential cut to its $14bn (£10.8bn) buyback plan early next year as analysts focused on its rising debt levels. Shell reported adjusted earnings of $6bn for the three months to 30 September, down 4 per cent on the previous quarter and 3 per cent compared with last year. This was 12 per cent ahead of the consensus forecast. The drop compared with the second quarter was down to smaller refining margins, which fell from $7.70 a barrel in the previous quarter to $5.50. While Shell management had guided for a weaker trading profit, the marketing division actually increased its adjusted earnings by 9 per cent, to $1.2bn. This is almost double the figure from a year ago. Energy prices have dropped significantly since the industry's super profits of 2022, and adjusted earnings are down around a third since then. Shell's strategy has shifted to spending heavily on buybacks and putting cash back into the business, and "every decision is benchmarked against our shares", said chief executive Wael Sawan. "Given where [the shares] have been trading, we continue to preferentially allocate incremental capital towards share buybacks," he added. Buybacks for the next three months will again total $3.5bn. The dividend is maintained at 34.4¢. The company has announced new spending in recent months, and announced final investment decisions on the Manatee gas project in Trinidad and Tobago and the Vita project in the Gulf of Mexico. Capital spending will be at the low end of the $22bn-$25bn guidance, Sawan said. Net debt at $35bn is down $3bn from the end of June. "The fall in net debt (even after adjusting for working capital) confirms the sustainability of Shell's capital allocation while the cut in FY24 capex guidance confirms the company's capital efficiency," said Jefferies analyst Giacomo Romeo. Shell's short-term strategy is still clear send free cash to investors, limit new spending and costs where possible. What comes next is less clear, given Sawan's preference to maintain or even increase oil and gas production. Hold. |
Posted at 01/11/2024 07:19 by xtrmntr Shell is head of the UK pack, says AJ Bell Shell (SHEL) has beaten 'gloomy' forecasts despite weaker oil prices and AJ Bell says it remains ahead of its UK peer BP (BP).The Citywire Elite Companies AAA-rated oil major reported a forecast-beating third quarter, with profits of $6bn being 12% higher than expected but still 4% lower than the previous quarter as oil prices continued to be buffeted by demand worries.The group recommenced its buyback programme, confirming it will repurchase £3.5bn of stock, matching its previous buyback sum. The shares rose 3.5% to £25.79 on Thursday and have traded sideways year to date.'Shell has managed to beat some gloomy forecasts in the third quarter despite the weak oil price. The addition of a new share buyback has helped drive a positive response from the market,' said analyst Russ Mould.'The company's long-term strategy of focusing on natural gas appears to be paying off with the integrated gas division proving the real engine of growth.'New chief executive Wael Sawan has been 'streamlining and simplifying' the business and taking a 'hard-nosed approach' to the energy transition, which appears to be paying off. 'While the aspiration of keeping up with US peers is still to be met, Shell has at least outperformed its direct UK rival BP,' said Mould. |
Posted at 10/10/2024 14:33 by waldron Should I 'buy' Shell or BP? Here's what a leading investment bank has to sayPublished: 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 |
Posted at 29/8/2024 19:54 by waldron Shell to sell Sinco pipeline system and Colex terminal to Edgewater Midstream29 August 2024 - 9:39PM PR Newswire (US) HOUSTON, Aug. 29, 2024 /PRNewswire/ -- Shell Pipeline Company LP and Triton West LLC, respective subsidiaries of Shell USA, Inc. (Shell), have agreed to sell their 100% interest in the Sinco pipeline system and Colex terminal to a subsidiary of Edgewater Midstream LLC (Edgewater), pending regulatory approval. This sale follows Shell's Capital Markets Day to simplify our portfolio as we deliver more value, with less emissions "This sale follows our guidance at Shell's Capital Markets Day to continue to simplify our portfolio as we seek to deliver more value, with less emissions," said Andrew Smith, Shell Executive Vice President Trading & Supply. "After the completion of the sale of Shell's equity in Deer Park Refinery, these assets are non-integrated and no longer fit within Shell's Powering Progress strategy. This transaction enables re-deployment of capital to other projects that will do so." The sale of both assets is expected to be completed in Q4 2024. Notes to editors The Sinco pipeline system and the Colex terminal are located in the Houston Ship Channel area and have historically been operated as integrated assets with the Deer Park Refinery. In 2022, Shell completed the sale of its equity share in the Deer Park Refinery to Pemex, rendering the Sinco pipeline and the Colex terminal non-strategic and non-integrated. Both Shell Pipeline Company LP and Triton West LLC are subsidiaries of Shell and own 100% of Sinco pipeline system and Colex terminal, respectively. Edgewater focuses on the acquisition, development and operation of pipelines and terminals in proximity to major North American petroleum trading hubs and demand centers, primarily in coastal markets. Shell Pipeline Company LP transports over 1.5 billion barrels of oil annually through its vast network of pipelines and tank farms, ensuring reliable delivery of essential products like crude oil, gasoline, and chemicals. The U.S. is a key market for Shell, where it has interests in 50 states and employs more than 13,000 people who work to provide a secure supply of energy today, while tackling the energy challenges of the future. Shell's U.S. portfolio of operated companies and interests consists of oil, natural gas, petrochemicals, lubricants, and refined fuel products along with renewables such as wind, solar, and mobility segments like electric vehicle charging. |
Posted at 17/4/2024 07:33 by loganair 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. |
Posted at 07/4/2024 12:54 by drectly It would not have much immediate impact on the FTSE due to the way that is calculated, but it would probably result in a significant increase in BP and SHEL share prices due to the way they would be valued as a company listed in the States. A declared focus on focil fues would further support the share price and renewed investment in fosil fuel projects. |
Posted at 15/3/2024 22:52 by jrphoenixw2 Don’t sweat windfall taxes – energy stocks will soon soarAll signs point to oil prices rising – and that will pump up share values Ken Fisher 15 March 2024 Ken Fisher founded Fisher Investments and built a fortune estimated at $6.3bn. He writes a monthly column for Telegraph Money Don’t let the FTSE 100’s flat start to the year blind you. This beautiful, global bull market is strong, an early advance on the good-to-great 2024 I foresee. But then, there is energy. The sector’s lack of energy partly explains UK stocks’ tepid start, while the bears claim Britain’s extended “windfall tax” on gas and oil portends worse ahead. Wrong! The energy sector should shift from laggard to leader later this year – shocking almost everyone. Here’s why. After energy outperformed in 2022, riding the crest of spiked oil prices as Putin invaded Ukraine, most envisaged ongoing global supply shortages, stoked by OPEC+ supply constraints, falling UK production and a reaccelerating, post-Covid China. These, supposedly, would send oil prices spiking again – powering up energy companies. So, few people expected energy stocks’ weakness in 2023. Globally, they fell 3.3pc while world stocks soared 16.8pc. Yes, UK Energy’s 10.8pc rise beat the overall 7.7pc increase made by British shares, but that was globally an outlier, partly due to liquefied natural gas (LNG) arbitrage profits. Globally, energy investors got trounced in 2023. By early 2023, oil prices had quietly fallen fully a third from March 2022’s high. Global production obliterated shortage fears and seemed set to keep expanding in Norway, Guyana and North America. President Biden’s temporary ban on new federal land leases didn’t bite – US output actually topped record highs. Hence, high and rising production globally constrained oil prices to between $70 and $95 per barrel, stymieing global energy firms, whose profits chiefly rise and fall with crude prices. Now everyone, again wrongly, extrapolates this lag throughout 2024. Fund flows, money manager surveys and valuations all show that investors have slashed exposure to the energy sector. This sour sentiment shift goes against the fundamentals. Oil prices should rise later this year, refuelling energy firm profits – and pumping share prices. Why? It isn’t OPEC+ production cuts. Energy stocks and oil prices baked those in long ago. They are mere symbolism now – not real-world limits. Ditto for Mr Biden’s pausing of new LNG export terminal permits, which won’t stop already permitted and under-construction terminals from easily supplying the planet. North American LNG export capacity should double later this decade. Nor is it the gradual decline in UK and North Sea output, this is old, widely known news. No, this is about simple incentives and normal market behaviour. When energy companies saw higher prices, they boosted production to capitalise. Now US producers are completing wells far faster than drilling new ones, running down America’s “fracklog&rdqu Down 17.9pc year on year, the dwindling fracklog means less inventory can come online quickly. The low-hanging fruit are picked. But producers aren’t replacing them. Dissuaded by mostly low-end prices and higher borrowing costs, oil producers got lean. Now, after years of consolidation, global mega-drillers dominate the market. With their more judicious production targets reigning, US rig counts fell from 621 at the end of 2022 to the current 506. US drilled wells fell, down 18.6pc year on year through January. Production typically lags drilled wells by about six months, so soon overall production will slow significantly. Meanwhile, many people vastly underestimate demand, while at the same time overemphasising areas of minor economic weakness like Germany and the UK. Yet better-than-expected growth in Britain and Europe, solid growth in America and stable demand in China will result in stronger-than-foreca For that reason, oil prices will climb. Not sky-high, but challenging the upper end of 2023’s range – boosting energy sector earnings and the FTSE. It is the oil price, not production volume, that drives profits and oil stocks and determines when and whether companies will recoup high drilling and exploration costs. Higher oil prices, married with cost-consciousness, should create an earnings bonanza. This should help big global oil companies, Britain’s energy stocks and the FTSE, as they benefit from strong balance sheets, low-cost production and integrated business models. They are best positioned to capitalise when oil prices rise but don’t skyrocket. Don’t sweat Jeremy Hunt’s new Budget, which extends oil and gas “windfall&rdqu These taxes impact domestic production and revenue only. Given just 13.8pc of UK energy company revenue is actually from Britain, windfall tax worries are mostly hot air. You may ask: “But won’t pricey oil mean high petrol prices – and reignite inflation?” Perhaps incrementally. But they are just one small factor among many, likely offset by the fall in the energy price cap. So, enjoy this global bull market. And watch UK stocks thrive later in 2024, as they “energise&rdqu |
Posted at 09/1/2024 11:12 by xxxxxy Shell plc's SHEL, subsidiary, Shell Petroleum Development Co. of Nigeria Ltd. ("SPDC"), achieved a significant legal victory as Nigeria's Supreme Court upheld its appeal in a pollution case. This decision, issued in 2022, has far-reaching implications, especially since it's believed to pave the way for the sale of assets (worth billions of dollars) in the country.Understandin |
Posted at 13/12/2023 20:39 by pj84 "ShellIt seems that the main reason to buy Shell (GB:SHEL) remains its cheap valuation, especially compared with its US peers. Invesco Comstock managers Kevin Holt, James Warwick and Devin Armstong are the latest top-performing investors to have seized upon the shares’ low rating, buying into the oil giant in August. ‘Shell has underperformed recently, which allowed us to initiate a position in this top-tier oil and gas firm,’ they said in their latest update to investors. They are three of 55 Elite Investors backing in the shares, resulting in Shell’s status as the top London-listed stock in the Citywire Elite Companies rankings. Jon Bosse and Jujhar Sohi, who own Shell in their Nuveen Large Cap Value and Multi Cap Value funds, said the shares were ‘exceptionally undervalued’, adding that chief executive Wael Sawan was ‘driving positive change and a commitment to shareholder returns’ in an update to their investors. These shareholder returns are in the form of growing dividend and share buybacks, with Shell’s investment strictly controlled to generate plenty of cash flow. Oil and gas and production and trading profits are under pressure from an oil price which has been drifting lower since the summer. However, over the medium term, Shell should benefit from being one of the leading integrated liquified natural gas (LNG) players as gas remains a key transition fuel for countries aiming to reduce their carbon dioxide emissions. With Shell shares trading on just 7.5 times forecast earnings for the next 12 months, it’s not hard to to see why management is growing buybacks. Shell’s top Elite Investors Elite Investor Fund Size in fund Rank in fund Steven Magill UBS UK Equity Income Fund 8.3% 2/36 Martin Walker Invesco UK Equity 6.7% 2/36 Oliver Kelton WS Ardtur Continental European Fund 6.5% 3/24 Sources: Citywire / Morningstar, latest holdings data." |
Posted at 10/5/2023 16:37 by jrphoenixw2 Telelgraph/Questor today:---------------- 'Painful for some to admit it, but this stock remains an income staple Questor share tip: investors prioritising dollars and cents will be pleased to see this giant pumping out cash ---------------- The bumper first-quarter profits published by Shell last week will upset environmental campaigners and many householders alike, especially those who are finding it hard to pay their bills or keep their car topped up. Even global tax payments of $5.6bn (£4.5bn) in the first three months of the year – $2.1bn more than in the equivalent period in 2022 – may not assuage their fury. But those investors who desire reliable income and are prepared to focus purely on dollars and cents, nickels and dimes rather than debate environmental, social or governance (ESG) issues, will be pleased to see the oil and gas giant pumping out cash. Shell handed over $6.3bn via buybacks and dividends in the first quarter alone and annualising that equates to £20bn, or a cash yield in the double-digit percentage range. That is probably the key number right now because Shell’s earnings do take some studying. On the face of it, the business model of an oil major is easy enough to understand. They explore and drill for and then produce hydrocarbons; they ship and refine them; they trade them; and they sell refined product at petrol stations or end-products like chemicals. Simple. Quantifying how well they do this is a different matter and besides statutory measures such as pre-tax or net (after-tax) income, Shell also refers to earnings before interest, tax, depreciation and amortisation (Ebitda), adjusted Ebitda, adjusted earnings and earnings on a CCS (current cost of supply) basis, which excludes the effect of changes in the oil price. To quote Ed Murrow, the American broadcaster: “Anyone who isn’t confused really doesn’t understand the situation.” To cut through all of that, it may be simplest to look at net, or after-tax, income. In the first quarter, Shell reported net profit of $8.7bn, compared with $7.1bn a year ago. That increase may seem odd, bearing in mind the average prices received by Shell for its oil and natural gas fell by a fifth and two fifths respectively from the first quarter of 2022 to the first quarter of this year. But Shell booked a $3.9bn writedown on its Russian assets in the first quarter of last year, so profits were down this time compared with a year ago once that is taken into account, thanks to lower hydrocarbon prices, no great change in output and higher taxes. That meaty net profit figure more than covers the dividend, which equates to a 3.9pc forward dividend yield, according to analysts’ consensus estimates, and the buyback. As such, it forms the main plank of any investment case for the stock, even if any portfolio-builder who runs strict ESG screens is likely to be unmoved and stick to their own personal principles, especially if they believe oil firms to be profiteering. The sheer scale of the net profit number inevitably raises that issue. This column, however, views commodity producers as price takers rather than price givers, by the very nature of their business – a commodity comes with little or no differentiation, by definition, so the supplier’s key tools to attract buyers are efficiency of production and price. And there are so many influences on the oil price, ranging from global economic growth to geopolitics and sanctions, environmental pressures, the role of Opec and more. --------- Shell key facts Market value: £162bn Last full-year dividend (Dec 22): 86p Yield (Dec 23E): 3.9pc Turnover (Dec 23E): $346bn Pre-tax profit (Dec 23E): $46.1bn Net debt (Mar 23): $81.8bn Return on capital (Dec 23): 24.6pc Cash conversion (Dec 23): 68pc PE ratio (Dec 23E): 7.0x --------- Shell probably has more influence on price for refined products, especially those for sale on petrol station forecourts, although drivers will do their best to shop around. The company’s acknowledgement that trading of crude oil, refined products and petrochemicals contributed strongly to first-quarter earnings is harder to defend against profiteering claims, and campaigners will be pleased, in this context, to see the increased tax charge. The debate is unlikely to die down and may only recede if oil and gas prices go lower and drag Shell’s earnings with them. That remains a key risk to the share price and any falls here could offset the benefits of the income, if an investor is obliged to sell the paper at an inopportune moment and has to crystallise any losses. Fears of a recession leave Brent crude back near $70 a barrel, so the effect of Opec’s April production cut is proving short-lived (to perhaps show how hard it is to profiteer and bend a global market like oil to anyone’s will). But analysts are already forecasting decreases in net income in 2023, 2024 and 2025, so this is hardly news. The shares look cheap on yield and relative to the company’s £155bn in net assets, while a forward price-earnings ratio of seven looks undemanding. Shell remains an income staple. Questor says: hold Ticker: SHEL Share price at close: £23.76 |
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