Shell Share Discussion Threads

[sarkasm] 30/11/2017 08:17

Shell B
2,400 -0.62%

[fangorn2] 29/11/2017 23:44

China and India leading EV - ROFLMAO.

They'll be at least 20 years behind the rest

Not if they steal all the IP.

As China does! :)

[fjgooner] 29/11/2017 22:20

But now for some real content. I apologise if this link has been posted earlier, but this is well worth getting a glass of your favourite tipple and watching throughout.



Don't worry - this is a proper Shell link. Click Agree, then click Play over on the right under Webcast.

As a poster was asking earlier this week, one of the CEO's slides confirmed that:

+/- $10 Brent = +/- $ 6Billion CFFO

So, from a Q3 base average of around $51 Brent (if I recall correctly) that yielded such great results, if > $60 Brent average holds for Q4 then the next set of results will be rather good.

As a Shell shareholder, the presentation offers such huge confidence for the years ahead, initially from now and to 2020 and then onwards to 2025 ... almost glowing a golden yellow, in a warm red-flecked pecten pattern.

And I'm also looking forward to tomorrow for what is sure to be an Aramco-IPO-inspired OPEC statement with Russian restraints not trying "tooo" hard to protect an appreciation of the Rouble.

Enjoy.

FJ

[fjgooner] 29/11/2017 22:05

China and India leading EV - ROFLMAO.

They'll be at least 20 years behind the rest - what a fake news article.

[2hoggy] 29/11/2017 21:57

Perhaps talking up their running before they can walk as so to speak..

[grupo guitarlumber] 29/11/2017 21:31

very good points hoggy

i understand a lot of the problems in both countries were farmers burning stubble aggravated by dust storms

Like a lot of predictions the time lines are always suspect but the media
wants exciting news today and NOW

Like share prices they rarely go up in a straight line and rarely super fast

[2hoggy] 29/11/2017 21:22

So china is going to go for more ev's,well the problem is how are they going to reduce the smog when most of it is coming from coal fired power stations.

We learned what coal did to the atmosphere did many years ago,just look at the industrial revolution and then later the smogs in London as recently as the sixties when smokeless fuel became the law.

I don't see china or india becoming ev nation leaders as they don't have the capability to produce the leccy yet...

By the way there so many problems to overcome with batteries and their need for minerals especially, and copper to make them.

[grupo guitarlumber] 29/11/2017 21:14

Oil Majors Are Leading The Recovery Race
By Nick Cunningham - Nov 29, 2017, 3:00 PM CST Shell

In a sign that the oil majors have survived the three-and-a-half-year oil bust and are back on solid ground, Royal Dutch Shell announced that it will restore its full cash dividend.

Shell hasn’t paid the full cash dividend in over two years, instead offering investors shares in lieu of payment. But with debt falling significantly over the past year, cash flow improving, and an improved oil market outlook, the company chose to dish out some of the rewards to its shareholders. Shell also said that it would buy back $25 billion worth of shares by 2020, roughly the equivalent to the amount of shares that it issued instead of paying the cash dividend.

Shell follows BP and Statoil, which both made similar announcements in recent weeks. BP said it will begin buying back shares and Statoil said it will end its scrip dividend and return to cash payments. But Shell’s decision to pay the full cash dividend is notable because it had become one of the most indebted oil companies in the world after its $50 billion purchase of BG Group.

Taken together, the moves to step up payments to shareholders is a sign that the oil majors are feeling much more confident than they were in recent quarters. Shell increased its guidance for free cash flow from a prior range of $20 to $25 billion through 2020, up to a new range of $25 to $30 billion—a level that assumes oil prices trade at an average of $60 per barrel. The “strategy update shows an encouraging increase in future cash flows,” said Simon Gergel, chief investment officer of equities at Allianz Global Investors, according to Bloomberg. The restoration of the cash dividend “reflects their improving cash-generation profile,” he said.

Related: 54 Things You Didn’t Know About Natural Gas

The sharp improvement for Shell is the result of several years of cost-cutting, asset disposals and efficiencies that have helped drive down the cost of production. Also, some high-profile projects have reached completion, easing the spending burden while also adding new sources of revenue.

The acquisition of BG Group transformed Shell into the largest LNG exporter in the world, but it also raised eyebrows because of the stratospheric debt that it required. Now, with the Anglo-Dutch company paying down debt, improving its cash position, and restoring its cash dividend, the acquisition of BG Group looks much better. Simon Gergel of Allianz Global Investors said the “well-timed purchase of BG near the bottom of the oil price cycle” is paying off.

But, Shell’s CEO Ben van Beurden also cited a culture change at the company, focusing on “financial outcomes” instead of “engineering wonders.”

“There is a deep transformation in our ways of working,” van Beurden said.

Meanwhile, Shell’s strategy review included a few other interesting tidbits. CEO Ben van Beurden said that the company would increase spending on renewable energy, targeting a range of $1 to $2 billion by 2020, up from the current guidance of $1 billion. Shell also aims to slash its carbon emissions by 20 percent by 2035 and by half by 2050.
Related: Forget OPEC, Putin Is Calling The Shots In Global Oil

One of the main ways the company will achieve this is by increasingly pivoting towards natural gas, which has a cleaner profile than oil, while also slowly ratcheting up spending on clean energy. Shell announced earlier this week that it plans on partnering with European automakers to build out fast-charging infrastructure for electric vehicles. Shell acquired NewMotion, the largest EV recharging developer in Europe.

Shell’s van Beurden tried to reassure shareholders that while the investments in clean energy will gradually scale up, he will also try to wring more returns out of its core fossil fuel business. The restoration of the full cash dividend is a clear signal that things are moving in the oil majors’ direction.

“After three years of the downturn, the buyback is signaling the cost structure has adjusted,” Jason Gammel, an analyst at Jefferies LLC, told Bloomberg last month after BP announced a share buyback. “Depending on if oil stays at sustainable levels of $50, the industry is out of the worst. It’s a bonus with $60 oil.”

By Nick Cunningham of Oilprice.com

More Top Reads From Oilprice.com:

[grupo guitarlumber] 29/11/2017 20:17

Shell A
2,366

So the premium has been upped to 49p

Shell B
2,415


is sterlings strength the reason

i wonder whether the divi bucks will be worth less in sterling on the day

Closing of scrip election and currency election December 1, 2017
Pounds sterling and euro equivalents announcement date December 7, 2017

[grupo guitarlumber] 29/11/2017 19:46

China's EV Plan Could Cause An Oil Price Crash
By Tsvetana Paraskova - Nov 29, 2017, 1:00 PM CST EV

Oil prices could decline to $35 a barrel next year if China and India speed up the adoption of electric cars to cope with severe pollution, Steen Jakobsen, Chief Economist & CIO at Saxo Bank, told UAE’s news outlet The National in an interview published on Wednesday.

“I think down the road, this whole electrification which is a big issue in 2018 will really kick off,” Jakobsen, who is known for making bold predictions, told The National in a phone interview.

“The reason I think it will be big is that the single biggest issue in China is pollution and a way to deal with it is to get electric cars. On top of that, India has a similar problem,” Jakobsen noted.

Earlier this year, China and India unveiled plans to dramatically accelerate the adoption of EVs, which has prompted the IEA to take notice and promise a review of its long-term oil demand forecast.

Also this year, the EVs market became crowded with Tesla’s new unveils, along with the legacy automakers and truck makers who announced big investments and shifts to more electric car production—including Ford and GM. Earlier this month, Ford signed a deal in China to establish the 50/50 joint venture Zotye Ford Automobile Co Ltd that will offer a range of stylish and affordable all-electric vehicles for consumers in China.

Earlier this week, Shell entered into a partnership with a consortium involving some of Europe’s largest carmakers to build a network of EV fast-charging stations across the continent. Initially, the charging stations will be installed at 80 highway Shell sites, beginning in 2019.

Related: 54 Things You Didn’t Know About Natural Gas

Saxo Bank’s Jakobsen told The National, referring to India and China:

“The two most populous nations in the world will lead the charge towards electrification and as that happens investment into batteries and alternative energy will explode because this is going to be the single biggest concentration of growth in one sector since the internet. If you get better batteries, you reduce the demand for fossil oil.”

Jakobsen’s prediction for 2018 is bold, compared to most analysts who see oil prices at $40 to $60, although there are some projections that the price of oil may hit $80 next year.

By Tsvetana Paraskova for Oilprice.com

[grupo guitarlumber] 29/11/2017 18:11

Broker Recommendations for Royal Dutch Shell B (RDSB)

29-Nov-17 Morgan Stanley Overweight 2,930.00 Reiteration
29-Nov-17 JP Morgan Cazenove Overweight 2,850.00 Reiteration
28-Nov-17 Deutsche Buy 2,700.00 Reiteration


BARCLAYS SEEMS TO BE GIVING 3000p plus

WHICH NO DOUBT MIGHT BE REACHED OVER THE NEXT 1 to 3 years

Shell has pencilled in the buybacks until 2020

USING HOGGYS CRYSTAL BALL

2018 2600plus

2019 2800plus

2020 3000plus

[sarkasm] 29/11/2017 17:11

WONDER WHETHER SHELL USES ALGOS IN ITS OIL TRADING AND HEDGING FORAYS




BARCLAYS SEEMS TO GUESS ITS share price TARGETS

[sarkasm] 29/11/2017 13:49

BEWARE OF ALTERNATIVE CONTAGION NEWS EITHER SIDE OF THIS INFORMATION


Oil pares losses on optimism OPEC will extend cuts through 2018
By Ben Sharples and Alex Longley on 11/29/2017

HONG KONG and LONDON (Bloomberg) -- Oil pared losses on speculation that OPEC may cap Libyan and Nigerian supply and the group’s output cuts won’t be phased out during any extension next year.

Futures traded down 0.2% in New York after earlier falling 0.9%. Ecuador’s oil minister said a committee of OPEC members and its partners would recommend that Libya and Nigeria -- currently exempt from curbs -- freeze output at current levels, while Iraq said the majority of nations support a nine-month extension and there would be no slippage over that period.

Oil has dropped this week from a two-year high on uncertainty about the outcome of Thursday’s meeting of OPEC. While the global oversupply relative to the five-year average has more than halved since January, the surplus still stands at 140 MMbbl, OPEC Secretary-General Mohammad Barkindo said Monday. Including Libya and Nigeria in cuts could boost the group’s efforts to rebalance the market.

“You have a slightly more bullish scenario where you bring Libya and Nigeria into the deal and then you could see some slight support,” says Jens Pedersen, senior analyst at Danske Bank. “If you fail to bring others in and you get voices talking about this being the final round of cuts, then you could see oil sell off slightly.”

WTI for January delivery was at $57.85/bbl on the New York Mercantile Exchange, down $0.14, after falling $0.12 on Tuesday. Total volume traded was about 20% below the 100-day average. WTI has averaged about $54 this quarter, the highest since the second quarter of 2015.

Brent for January settlement, which expires Thursday, lost 0.2% to $63.50/bbl on the London-based ICE Futures Europe exchange, after dropping 0.4% Tuesday. The global benchmark traded at a premium of $5.65 to WTI. The more-active February contract fell $0.18 to $63.06.

U.S. crude inventories rose by 1.82 MMbbl last week, the API was said to report, even as it noted a large decline at the storage hub in Cushing, Oklahoma. The institute’s reported increase in nationwide stocks is in contrast to a Bloomberg survey, which shows supplies may have dropped by 2.95 MMbbl. The EIA will report the data later Wednesday.

Oil Market News

While Russia and OPEC have crafted the outline of a deal to continue curbs for nine months, Moscow still has concerns that supporting prices above $60 will help U.S. shale rivals, people familiar with the matter said. Many producers agree that output cuts should be extended to the end of next year to stabilize the market, Oman Oil Minister Mohammed Al Rumhy said in Vienna.

Last quarter, oil explorers took advantage of a market rally to lock in prices for almost 1 MMbpd’s worth of future output, signaling the shale boom’s staying power as OPEC ponders extending supply curbs.

[sarkasm] 29/11/2017 13:40

TARGET
29-Nov-17 Morgan Stanley Overweight 2,930 Reiteration

[sarkasm] 29/11/2017 12:56

Shell Midstream buying pipelines, terminals for $825M

Jordan Blum, Houston Chronicle Published 4:34 pm, Tuesday, November 28, 2017



Houston's Shell Midstream Partners is going on a buying spree, acquiring $825 million worth of pipelines and terminals from its Royal Dutch Shell parent.

The deals designed to beef up the three-year-old Shell Midstream business give the Houston pipelines firm more ownership in Gulf Coast and Gulf of Mexico pipelines, as well as a slew of terminals from the Houston area to Washington state.

The drop-down acquisitions from the parent Shell and other Shell subsidiaries give Shell Midstream majority ownership of the Mars and Odyssey oil pipelines in the Gulf of Mexico. Shell Midstream already owned 49 percent stakes in the pipelines and the deal ups those stakes to at least 71 percent.

The acquisition also includes a Houston-area terminal in Pasadena, as well as four other terminals in Portland, Seattle, Anacortes, Wash.; and Des Plaines, Ill.

Lastly, the deal a 10 percent stake in the massive Explorer pipeline that runs from Houston to Midwestern refineries, as well as a 41.48 percent stake in the much smaller LOCAP pipeline in southern Louisiana. The Explorer system also is owned by Phillips 66, Marathon Petroleum and Energy Transfer Partners subsidiaries.



Shell started the midstream business in 2014 in part to attract new investors, and boost the value to its U.S. pipeline assets. Shell Midstream a publicly traded master-limited partnership, which is a uniquely American tax-avoiding corporate structure that requires the companies to distribute most of their income to investors in payments similar to stock dividends. MLPs are popular with pipeline companies.

"Big Oil" rival BP recently followed suit, launching BP Midstream Partners in October on the New York Stock Exchange.

[sarkasm] 29/11/2017 10:49

I GUESS THAT BARCLAYS WOULD PUT THE RDSB TARGET THEREFORE AT 3040 APPROX

TO BE EXPECTED AND WAS EASY PESSY ALGO MATHS BY BARCLAYS GIVEN THE 25 BILLION FIGURE
MENTIONED BY SHELL

[sarkasm] 29/11/2017 10:45

Home » Reports » Broker Ratings » Royal Dutch Shell Plc 25.5% Potential Upside Indicated by Barclays Capital
broker ratings
Royal Dutch Shell Plc 25.5% Potential Upside Indicated by Barclays Capital

Posted by: Amilia Stone 29th November 2017

Royal Dutch Shell Plc using EPIC/TICKER code (LON:RDSA) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OVERWEIGHT217; this morning by analysts at Barclays Capital. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set their target price at 3000 GBX on its stock. This would imply the analyst believes there is now a potential upside of 25.5% from the opening price of 2391 GBX. Over the last 30 and 90 trading days the company share price has increased 45 points and increased 260 points respectively. The 1 year high for the share price is 2516.32 GBX while the 52 week low is 1929.5 GBX.

Royal Dutch Shell Plc has a 50 day moving average of 2,337.51 GBX and a 200 day moving average of 2,174.58. There are currently 633,912,115 shares in issue with the average daily volume traded being 6,039,512. Market capitalisation for LON:RDSA is £200,481,758,714 GBP.

[imperial3] 29/11/2017 10:06

Maywillow.

Yes,scrip and drip have been withdrawn,so it appears to me.Thanks for the link by the way.