Shell Share Discussion Threads

[waldron] 24/1/2018 17:48

Shell A
2,503.5 -1.16%



Shell B
2,553.5 -1.20%

premium rests at 50p

[waldron] 24/1/2018 12:23

if and when aramco is floated on the LONDON STOCK EXCHANGE what might be the affect
on share prices especially those of the oil majors


informative comments appreciated

[ariane] 24/1/2018 09:59

1878/5000
Synthesis

The company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility.
In a general way and in a short-term perspective, the company presents an interesting fundamental situation.


Strong points

The company enjoys attractive valuation levels with a relatively low EV / CA ratio compared to other listed companies around the world.
Investors looking for returns may find in this action a major interest.
Over the past 4 months, analysts have significantly revised their estimates of the company's revenue.
Over the past 7 days, analysts have revised upward their company's EPS estimates.
The company benefits from very strong upward earnings revisions over the last 4 months. Indeed, these have recently been adjusted upwards and in significant proportions.
The trend in weekly data is positive above the EUR 26.2 support zone.


Weak points

The stock is moving near a long-term resistance in weekly data, located around 29.13 EUR. above this level, the potential may be limited.
Technically, prices are currently approaching a strong medium-term resistance, located around 29.13 EUR.
Analysts' estimates of changes in the company's business are relatively different from each other. The visibility related to the company's activity appears relatively low.
In the past, the group has often disappointed analysts by publishing activity figures below their expectations.
The analysts' average price target limits the potential for appreciation.

[waldron] 23/1/2018 17:29

Shell A
2,533 +0.48%



Shell B
2,584.5 +0.56%

PREMIUM INCREASE TO 51.5p

there might only be one type of share in 2019 as no dutch withholding tax
with a risk share not quoted in LONDON

[waldron] 22/1/2018 17:54

Shell A
2,521 +0.16%



Shell B
2,570 +0.39%


Premium 49P

1ST FEB FAST APPROACHING

[la forge] 22/1/2018 10:22

Royal Dutch Shell Plc 17.2% Potential Upside Indicated by JP Morgan Cazenove

Posted by: Amilia Stone 22nd January 2018

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSA) had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OVERWEIGHT217; today by analysts at JP Morgan Cazenove. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set a target price of 2950 GBX on its stock

[grupo guitarlumber] 20/1/2018 12:39

Royal Dutch Shell Joining the Renewable Energy Bandwagon
Shell is the latest oil major to buy into renewable energy.
Travis Hoium
(TMFFlushDraw)
Jan 20, 2018 at 6:46AM

The oil majors have had a love-hate relationship with renewable energy over the past decade. Some (BP (NYSE:BP)) once saw it as a key to their future, only to divest from the business, and others (Total (NYSE:TOT)) have been slowly wading into renewables without taking any big risks. But it's become clear that renewable energy isn't going anywhere, and it might be the biggest threat facing the oil business long-term.

Not only is renewable energy eating away at traditional fossil fuel consumption at utilities, it's becoming a fuel for transportation as millions of electric vehicles hit the road around the world. Royal Dutch Shell plc (NYSE:RDS-A)(NYSE:RDS-B) is the latest to realize it needs a foot in the renewable energy business, buying a 44% stake in renewable energy developer Silicon Ranch for up to $217 million in cash. And Shell may still be getting started building out its renewables strategy.
Solar farm with a setting sun in the background.

Image source: Getty Images.
Shell joins the renewables business

Silicon Ranch is a solar developer that has about 880 MW of projects under contract in the U.S. with a 1 GW pipeline of projects. It's not the biggest developer in the country, but it has a growing footprint and can leverage Shell's capital to grow. In 2021, Shell can increase the ownership stake beyond 44%.

Shell also acquired MP2 Energy last year, an owner of natural gas and distributed solar assets like demand-response and solar.

While these two deals don't make Shell a leader in renewable energy just yet, it could show a shifting attitude to renewable energy, a transition other companies have already gone through. And if Shell pushes both companies to grow it could build a sizable renewables business.
Old energy companies are making plays for new energy assets

Shell isn't the first oil company to make a move into renewables. The oil major making the most news in renewable energy is Total, the majority owner of solar manufacturer SunPower (NASDAQ:SPWR). Total has also acquired a stake in developer EREN Renewable Energy and acquired energy efficiency company GreenFlex, among others. Total has also begun to buy renewable energy projects on its own, essentially building an energy generating business under the Total banner.

Utility AES (NYSE:AES) spent $853 million last year to buy sPower, developer of utility-scale solar systems. The company is in the midst of a strategy to sell off coal and other legacy fossil fuel assets and double down on renewable energy and energy storage.

After divesting a solar manufacturing business a few years ago, BP has even gotten back in the renewable energy game with a $200 million investment in renewable developer Lightsource.

You may notice a trend: oil and utility companies are beginning to invest in renewable energy developers rather than manufacturers. This is partly because asset ownership in the energy industry is a more stable business for them to invest in, but it also allows them to leverage their own development expertise and access to capital in renewables, rather than develop a new technology understanding in renewable manufacturing.

Powered By
The holdout in renewable energy

One oil company's name is notably absent from the renewable energy business: ExxonMobil (NYSE:XOM). The company has intentionally stayed out of wind and solar, and has focused investment in alternative energy in fuels and carbon sequestration, although with very little commercial success.

With major competitors Total, Shell, and BP investing billions in renewable energy to transition their business, ExxonMobil may eventually see that's where the future is. Shell is finally coming around and maybe just in time to build a sustainable renewable energy business to replace the aging oil business.

[waldron] 19/1/2018 17:22

Shell A
2,517 -0.12%



Shell B
2,560 -0.37%

PREMIUM REDUCED TO 43p

AND we have a slight slip back into the 2450 to 2550p albeit perhaps temporary

[the grumpy old men] 18/1/2018 13:30

French Engie Fearless in Face of Nord Stream-2 Sanctions

The French power company Engie will continue to support the project of construction of the Nord Stream-2 gas pipeline despite anti-Russian sanctions, Gérard Mestrallet, Chairman of the Board of Directors of the Engie Group, announced at the Gaidar Forum which ran from January 16 - 18 at the Russian Presidential Academy of National Economy and Public Administration (RANEPA).

“We, as partners in the Northern Stream-2 project, support and will support it under any condition,” he said, noting that despite the law adopted in August 2017 by the US Congress on new sanctions against Russian companies and projects, including Nord Stream-2, Gazprom had concluded an agreement with partners on the project far before the US sanctions law came into force.

“I believe there is no cause for concern,” Mestrallet said.

Engie, the first partners in the construction of the Nord Stream-2 gas pipeline, have started talking about a possible termination of project financing in order to avoid the US sanctions against Russia.

“If sanctions are applied, Engie can stop financing the project in order to avoid sanctions,” Deputy Director General of Engie, Pierre Scharer, told Bloomberg.

For now, the French company continues to comply with its obligations under the project financing agreement for Nord Stream-2 whereby it is to provide 10% of the total investment in the project. However, the US sanctions, if they are specifically applied against Nord Stream-2, may still affect future cash transfers.

Scharer noted that the participants of the Nord Stream-2 project, in cooperation with the European Commission, have found lawyers to protect themselves from the probable US sanctions. The top manager of Engie says it's good that the sanctions law adopted in the United States has no retroactive effect. That is, it will not affect the first Nord Stream.

The US bill on economic sanctions against Russia, Iran and the Democratic People's Republic of Korea (DPRK) was approved by the US Senate in August 2017 and signed by American President Donald Trump. The text of the document directly refers to Nord Stream-2 and requires the US government “to continue to counter the construction of pipeline Nord Stream 2.” It is alleged that the gas main will have "a harmful effect on the energy security of the European Union, the development of the gas market in Central and Eastern Europe, and energy reforms in Ukraine." It is also said that, "the US government should prioritize the export of US energy resources" to the EU, "to create jobs" in its own economy.

As levers of influence, the law provides for sanctions against persons who intend to invest more than $5 million per year or $1 million at a time in the construction of Russian export pipelines. Penalties can be imposed on those who provide such projects with any services or technologies, or even provide information support. The right to decide on imposing sanctions was granted to the US President.

The Nord Stream-2 gas pipeline should double the current Nord Stream (from 55 to 110 billion cubic meters per year), next to which it will be laid from the Baltic coast of Russia to Germany. Construction of the Nord Stream-2 is planned to begin late 2018, and operation to open at the end of 2019. Gazprom's partners in the project are the German Uniper (whose activities include power generation, energy trading, energy storage, wholesale energy sales, and technology services), BASF / Wintershall, the Austrian OMV, Engie and the Anglo-Dutch Shell.

Gazprom and its five partners signed agreements on a new model for financing the project in April 2017. The Russian concern remained the sole shareholder of the project company Nord Stream 2 AG, and Europeans must pay half the total project cost, estimated at EUR 9.5 billion, making the contribution of each foreign partner of Gazprom about EUR 950 million.

Dimitri Dolaberidze

[sarkasm] 17/1/2018 18:56

Shell and BP to Buy Libyan Oil as Country Recovers
By Salma El Wardany
and Laura Hurst
17 janvier 2018 à 19:04 UTC+1

Term contract for Shell is its first in Libya since 2013
BP is also said to agree to deal with Libyan oil for this year

Royal Dutch Shell Plc and BP Plc agreed annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s largest oil companies.

[waldron] 16/1/2018 16:52

Shell A
2,542.5 -0.95%



Shell B
2,589.5 -0.75%

[la forge] 16/1/2018 08:11

Shell Takes a Last Exit From Mideast Oil -- WSJ
16/01/2018 8:02am
Dow Jones News

Shell A (LSE:RDSA)
Intraday Stock Chart

Today : Tuesday 16 January 2018
Click Here for more Shell A Charts.

Energy company leaves last Iraqi site but keeps a presence in natural-gas industry

By Sarah Kent and Benoit Faucon

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (January 16, 2018).

LONDON -- Royal Dutch Shell PLC is giving up on its last oil fields in Iraq, leaving the world's second-biggest oil company with a dwindling footprint in the Middle East -- a region it helped build into a petroleum powerhouse.

Shell said Monday it is selling for an undisclosed amount a stake in the West Qurna 1 oil field in Iraq to Japan's Itochu Corp., the latest step in a gradual retreat from the region. The company is also expected to give up its holding in Iraq's Majnoon oil field later this year, though it will retain its natural-gas interests in the country.

Shell's departure from Iraqi oil assets marks one of the final chapters in a slow pullback from the Middle East's vast fields of petroleum. Shell pumped as much as 450,000 barrels of oil in 2003 in the Middle East, and over the past 15 years had operations that produced thousands of barrels of oil daily across six countries in the region. Once it officially leaves Iraq later this year, Shell will have oil assets in Oman that produce about 220,000 barrels a day.

Shell is keeping its considerable natural-gas interests in Middle Eastern countries, including Qatar, Oman, Egypt and Iraq, a strategy it has followed after its $50 billion deal to buy gas giant BG Group PLC in 2016. The deal also brought Shell big business in Brazil's offshore oil fields, where it has centered its oil-production strategy.

"We have definitely not turned our back on the region, far from it," said Shell Chief Executive Ben van Beurden in November, referring to the Middle East. But he added that projects such as Majnoon "are increasingly less strategic in our portfolio."

The move reflects the waning attraction of the Middle East's once-prized oil reserves, as companies find that the free flow of crude in the region often comes at a political or financial cost. U.S. oil giants Exxon Mobil Corp. and Chevron Corp. have ratcheted up their focus on shale interests on their home turf in recent years, though both retain interests in Iraq.

In addition to the escalating security risks following the Arab Spring, oil contracts offered by Middle Eastern governments often don't have profitable terms, analysts say.

Iraq has some of the toughest terms in the business. Foreign companies are paid fixed fees per barrel of oil pumped, terms that many in the industry say is low.

"The terms are too tight for Shell," said Robin Mills, a former Shell executive involved in the Middle East who is now chief executive of Dubai-based Qamar Energy. For the British-Dutch oil giant, "it isn't worth the trouble."

Shell declined to comment further on its footprint in the Middle East beyond confirming its exit from the West Qurna oil field. The company said it is still working to gain necessary approvals for the sale from the Iraqi government.

Iraqi oil officials didn't respond to requests for comment.

In the past year, Shell has had to contend with delays in Iraq including tardy government payments for pipelines and water-treatment facilities, according to Iraqi officials and contractors.

Much of the Middle East's oil business is off limits to foreign companies, but a handful of countries including Iraq still offer the promise of barrels at relatively low prices. But the crash in oil prices over the last three years has helped lower the costs of production elsewhere in the world, including the U.S., where Shell has earmarked its shale interests as a catalyst for growth.

Shell also has taken a number of steps in recent years that have reduced its presence in the region, passed on opportunities and been forced out by Western sanctions.

Shell walked away from a bid to renew its rights to a massive oil concession in the United Arab Emirates -- a privilege that BP PLC and Total SA paid about $2 billion to keep but both Shell and Exxon didn't. The company stopped producing in both Syria and Iran after 2010 because of sanctions related to the Syrian civil war and Tehran's nuclear program, respectively.

Shell has shown interest in returning to Iran, but it hasn't followed Total in signing a deal to invest in the country. The sanctions risk remains high, and Shell has struggled to find suitable, mainstream banks to enable its Iranian investments, people familiar with the matter say.

Write to Sarah Kent at [e-mail] and Benoit Faucon at [e-mail]



(END) Dow Jones Newswires

January 16, 2018 02:47 ET (07:47 GMT)

[waldron] 15/1/2018 16:59

Shell A
2,567 -0.25%



Shell B
2,609 +0.23%

[la forge] 15/1/2018 12:00

Royal Dutch Shell PLC (RDSB.LN) said Monday that it has approved construction of a floating production, storage and offloading vessel at the Penguins oil-and-gas field in the U.K. North Sea.

The FPSO, the company's first in the northern North Sea in almost 30 years, is expected to have a peak production of around 45,000 barrels of oil equivalent a day, Shell said.

"Penguins demonstrates the importance of Shell's North Sea assets to the company's upstream portfolio," Upstream Director Andy Brown said.

Steve Phimister, Vice President for Upstream in the U.K. and Ireland said: "Having reshaped our portfolio over the last twelve months, we now plan to grow our North Sea production through our core production assets."

Discovered in 1974, the Penguin field was first developed in 2002 and is a 50:50 joint venture between Shell, who is also the operator, and Exxon Mobil Corp. (XOM).



Write to Ian Walker at [e-mail]; @IanWalk40289749



(END) Dow Jones Newswires

January 15, 2018 06:32 ET (11:32 GMT)

[waldron] 13/1/2018 10:52

Market Chatter: Shell, Total Consider Bid for Dutch Utility Eneco Group
January 12, 2018, 03:40:00 PM EDT By MT Newswires, MT Newswires

Shutterstock photo

Royal Dutch Shell ( RDS.A ) ( RDS.B ), an oil giant, is making preparations to bid for green energy firm Eneco whose owners are made up of 53 local councils, the Telegraaf reported on Friday, citing unidentified sources.

Shell's French competitor Total ( TOT ) also contacted advisors this month about a possible offer, the Telegraaf reported.

Other potential buyers include investment company HAL, pension fund PGGM, Japan's Mitsubishi, Austrian energy group Vebund, private equity group CVC and French energy titan Engie, according to the report.

[ariane] 12/1/2018 11:14

‘Shell is considering bidding for Dutch green energy group Eneco’ Business January 12, 2018 Photo: Depositphotos.com Anglo-Dutch oil and gas group Shell is making preparations to bid for green energy firm Eneco whose owners, made up of 53 local councils, are divided about its future, the Telegraaf said on Friday. At the same time, a dispute between the local authority shareholders and the company’s board is threatening to slow down the sale process, the paper said. Shell has hired an unnamed US-based merchant bank to help it in a possible bid for Eneco, sources within the banking industry told the paper. But Shell itself reacted with a short and powerful ‘no comment’, the Telegraaf said. Shell is not the only fossil fuel giant considering a bid for the Dutch green energy group. According to the paper, Shell’s French rival Total also contacted advisors this month about a possible bid. A sale could raise about €3bn which would come in handy for the 53 local councils which currently own Eneco and 75% of them back a sale. Nevertheless, 29 of the city councils involved – representing some 85% of the shares – have recently written to the aldermen in charge of the sale, saying they had lost confidence in Eneco’s supervisory board and demanding an extraordinary shareholders’ meeting. Fossil fuels Despite Shell’s poor ‘fossil fuel’ image, the company offers many advantages to Eneco board members and shareholders, the Telegraaf said. For example, the company could easily finance a takeover without having to borrow money and is unlikely to dismiss staff or close its headquarters unit. Other potential buyers include investment company HAL, pension fund PGGM, Japan’s Mitsubishi, Austrian energy group Vebund, private equity group CVC and French energy giant Engie.

Read more at DutchNews.nl: ‘Shell is considering bidding for Dutch green energy group Eneco’