Shell Share Discussion Threads

[2hoggy] 02/11/2017 18:14

That's what I call a good day,will there be more??

[waldron] 02/11/2017 17:31

WILL IT

CAN IT

MIGHT IT BREAK INTO THE 2475 to 2575p BOX

TOMORROW IS PRIVOT DAY

TO BE CONTINUED

[calabrian] 02/11/2017 15:46

Happier now than this morning.

[montyhedge] 02/11/2017 14:55

2525p is very good value.

[waldron] 02/11/2017 14:48

hedgie

so you are hoping for a 2475 to 2575p Box going towards mid november

and then i guess a full back as is the customary possibility into 2375 to 2475p BOX

Dividend timetable for the third quarter 2017 interim dividend


Ex-dividend date RDS A and RDS B shares November 16,
2017

Record
date
November 17, 2017

Scrip reference share price announcement date November 23,
2017

Closing of scrip election and currency election (Note 2) December 1,
2017

Pounds sterling and euro equivalents announcement date December 7, 2017

Payment
date
December 20, 2017

[ps0u3165] 02/11/2017 14:38

1% fall in the £-$ you can add the stuffing.

[sarkasm] 02/11/2017 14:30

Although it night be an up hill grind




and some might be browned off and send us back into a tin box

[montyhedge] 02/11/2017 14:24

Over 2525p before ex div, these were superb figures.

[sarkasm] 02/11/2017 13:42

Royal Dutch Shell Closes Out Strong Quarter for Global Oil Firms -- 2nd Update
02/11/2017 1:17pm
Dow Jones News

Shell B (LSE:RDSB)
Intraday Stock Chart

Today : Thursday 2 November 2017
Click Here for more Shell B Charts.

By Sarah Kent

LONDON-- Royal Dutch Shell PLC said Thursday its profits nearly tripled in the third quarter compared with a year earlier, helped by recovering oil prices, better conditions for its refineries and an increase in oil-and-gas production.

The British-Dutch oil giant said its quarterly profit on a current cost-of-supplies basis--a number similar to the net income that U.S. oil companies report--was $3.7 billion, up from $1.4 billion a year earlier.

Shell's earnings were lifted by conditions that have boosted the fortunes of most giant oil companies, which have regained a level of equilibrium after years of scrambling to adapt to the sharp drop in oil prices since 2014.

Last week, Exxon Mobil Corp and Chevron Corp. both reported increases in third-quarter profits of about 50% compared with the prior year. French oil major Total SA saw its earnings jump 40%. On Tuesday, British oil giant BP PLC said it could cover its spending and dividends with cash with oil at $49 a barrel.

Driving the results are modestly recovered oil prices and a raft of cost cuts that Shell and others say have changed how they do business.

The international oil price benchmark, known as Brent, averaged around $52 a barrel in the third quarter, up since dipping below $30 a barrel in early 2016 but much below a 2014 peak of $114 a barrel. This week, Brent climbed above $60 a barrel for the first time in two years.

Shell said it was able to cover its shareholder payouts with cash at current oil prices--a newly important metric for investors worried about the safety of their dividends in a low-oil-price world. The company's chief executive, Ben van Beurden, has vowed that the company's mind-set on oil prices is that they will be "lower forever."

"We're trying to build a company that's resilient through very low-price environments," Chief Financial Officer Jessica Uhl said Thursday.

Shell's share price has climbed to levels not seen since before prices crashed three years ago. It was up by nearly 1% on Thursday morning in London, on a day when other energy shares and Brent crude prices were down.

Strong performance in Shell's refining and chemicals division helped underpin earnings in the third quarter. Big oil companies have benefited from owning oil-processing plants throughout the downturn, as these businesses buy crude and benefit from low prices.

The company's exploration and production arm also returned to profit in the quarter, boosted by higher prices and new production volumes in its integrated gas unit helped raise output by 2%, offsetting declines elsewhere and the impact of divestments. Shell said it produced 3.7 million barrels of oil equivalent a day in the third quarter, up roughly 100,000 barrels a day from the second quarter.

Shell also managed to keep a lid on debt levels, which ballooned after its $50 billion acquisition of BG Group in 2016. Net debt fell to $67.7 billion at the end of the third quarter, compared with $77.8 billion a year earlier, helped by a continuing asset disposal program and steep cost-cutting.

Write to Sarah Kent at [e-mail]



(END) Dow Jones Newswires

November 02, 2017 09:02 ET (13:02 GMT)

[grupo guitarlumber] 02/11/2017 12:37

AS YOU SAID STERLING TANKS MORE DIVI

[grupo guitarlumber] 02/11/2017 12:36

Sterling tanks as BOE hikes rates but signals only gradual easing in future
Silvia Amaro | @Silvia_Amaro
Published 21 Mins Ago Updated 3 Mins Ago CNBC.com












Sterling dropped sharply against the U.S. dollar Thursday after the Bank of England announced the first rate hike since the financial crisis, but said any subsequent rises would be gradual.

The pound was trading at $1.3113 shortly after midday London time, but was close to $1.322 just before the rate decision. It was down nearly 1 percent against the greenback for the session.

The Bank of England announced a 25 basis points hike to 0.5 percent with seven of its members voting for the move. The bank said that any future increases should be "gradual" and to a "limited extent."

"The sell on the fact reaction experienced by the pound signals that the market was expecting a more hawkish set of minutes," Jane Foley, head of forex strategy at Rabobank, told CNBC via email.

"For now these minutes support the 'one and done' view. However, Carney may have something a little more hawkish up his sleeve at his press conference. Specifically the market will be watching to see if he repeats his August comments about slower than otherwise investment leading to increased risk of capacity constraints," she added.

The central bank expects the inflation rate to rise 3.2 percent in November and 3 percent for the year as a whole. The bank had previously said that inflation would be 2.8 percent in 2017.
Silvia AmaroDigital Reporter, CNBC.com

[montyhedge] 02/11/2017 12:09

BOE big mistake, Market sees this at one and done. £ will fall, makes our divi even better. boys.

[imperial3] 02/11/2017 12:06

Why the sudden jump in the share price?

[grupo guitarlumber] 02/11/2017 12:03

NOW WHO SAID

THEY WOULD NOT RAISE INTEREST RATES

[grupo guitarlumber] 02/11/2017 12:02

Bank of England hikes rates for the first time in a decade

Alongside Governor Mark Carney, the majority of rate-setters at the U.K.'s central bank voted in favor of hiking the benchmark rate to 0.5 percent from 0.25 percent
The Bank of England's decision to rate hikes Thursday sees the central bank fall in line with the U.S. Federal Reserve and to some extent the European Central Bank
Ahead of the announcement Thursday, the BOE had expressed concern that the U.K.'s economy had been overheating, with inflation soaring to a five-year high of 3 percent in September and unemployment hitting multi-decade lows

Sam Meredith | @smeredith19
Published 1 Min Ago CNBC.com










The Bank of England (BOE) raised interest rates for the first time in more than 10 years Thursday, a landmark move after borrowing costs had slumped to the lowest level on record.

Alongside Governor Mark Carney, the majority of rate-setters at the U.K.'s central bank voted in favor of hiking the benchmark rate to 0.5 percent from 0.25 percent. The bank's key rate is crucial for the economy as it is used to price all sorts of bank loans and mortgages.

Investors had widely expected a 0.25 percent move upwards in the interest rate, with the BOE now reversing the emergency rate cut announced in August last year in the wake of the Brexit vote.

The BOE's decision to rate hikes Thursday sees the central bank fall in line with the U.S. Federal Reserve and to some extent the European Central Bank (ECB), which are either raising rates or beginning to scale back stimulus.

However, while the U.S. and the euro zone are enjoying solid growth, Britain's economy has grown at its slowest pace since 2013 over the past 12 months.

Ahead of the announcement Thursday, the BOE had expressed concern that the U.K.'s economy had been overheating, with inflation soaring to a five-year high of 3 percent in September and unemployment hitting multi-decade lows.

The central bank has remained ultra-accommodative in the years since the global financial crash and also introduced U.S.-style quantitative easing (QE) — buying assets to stimulate lending — which is used to stoke inflation and boost the economy.

But, the central bank strongly indicated in September that it was ready to reverse this policy of easing — more than a decade after the U.K. saw its last rate hike in July 2007.

BOE Governor Mark Carney is due to hold a news conference at 12.30 p.m. London time.
Sam MeredithDigital Reporter, CNBC.com

[montyhedge] 02/11/2017 11:43

I suppose certain core holding who pay dividend everything 13 weeks, Shell, BP, HSBC, GSK. In my ISA.

[waldron] 02/11/2017 10:19

what else






OFF TO HAVE A COFFEE

[sogoesit] 02/11/2017 10:11

Who is minkey?
Is that the Pink Panther one?

[waldron] 02/11/2017 09:45

cheers hoggy

as you say WE SHELL SEE

I AM LOOKING AT THE OIL AND GAS SERVICE COMPANIES AS THE NEXT PHASE OF INTEREST

SOME OF THE FREE CASHFLOW WILL GO THEIR WAY ME THINKS

time will tell

slowly slowly catchy minkey

[2hoggy] 02/11/2017 09:39

Will it make my previous £24.30 estimate by the end of the day or are the increases already in the price,we shall see.

I think that this company has a good steady future,especially if they can keep those costs down.

Going for gas has to be one brilliant and logical step as the world is now really in gear to reduce carbon emissions.

[waldron] 02/11/2017 09:14

Royal Dutch Shell Closes Out Strong Quarter for Global Oil Firms --Update
02/11/2017 8:46am
Dow Jones News

Shell B (LSE:RDSB)
Intraday Stock Chart

Today : Thursday 2 November 2017
Click Here for more Shell B Charts.

By Sarah Kent

LONDON -- Royal Dutch Shell PLC said Thursday its profits more than doubled in the third quarter compared with a year earlier, as improved business conditions and rising production lifted earnings.

Shell closed out a strong set of earnings for the world's biggest oil companies, which seem to have regained a level of equilibrium after years of scrambling to adapt to a sharp drop in oil prices since 2014.

The British-Dutch giant said its quarterly profit on a current cost-of-supplies basis -- a number similar to the net income that U.S. oil companies report -- was $3.7 billion, up from $1.4 billion a year earlier.

CEO Ben van Beurden's vow that the company is in a "lower forever" mentality seems to be paying off, even as oil prices rose above $60 a barrel for the first time since 2015 in the past week. Shell's share price has climbed to levels not seen since before prices crashed three years ago.

The company has already shown it is able to cover its shareholder payouts with cash at current oil prices -- a newly important metric for investors worried about the safety of their dividends in a low-oil-price world.

Shell also managed to keep a lid on debt levels, which ballooned after its $50 billion acquisition of BG Group in 2016. Net debt fell to $67.7 billion at the end of the third quarter, compared with $77.8 billion a year earlier, helped by a continuing asset disposal program and steep cost-cutting.

Shell's success was reflected throughout big oil's earnings in the third quarter, as the industry seems to have adjusted to lower prices.

Oil prices have staged a fragile recovery since dipping below $30 a barrel in early 2016, but remain much below their 2014 peak. The international oil price benchmark averaged around $52 a barrel in the third quarter, compared with $114 in June three years ago.

Last week, Exxon Mobil Corp and Chevron Corp. both reported increases in third quarter profits of 50% compared with the prior year. French oil major Total SA saw its earnings jump 40%. On Tuesday, British oil giant BP PLC said it could cover its spending and dividends with cash with oil at $49 a barrel.

Write to Sarah Kent at [e-mail]



(END) Dow Jones Newswires

November 02, 2017 04:31 ET (08:31 GMT)