Shell Share Discussion Threads

[ariane] 12/1/2018 09:16

29-Nov-17 Morgan Stanley Overweight 2,930.00
29-Nov-17 JP Morgan Cazenove Overweight 2,850.00
28-Nov-17 Deutsche Buy 2,700.00
24-Nov-17 Barclays Overweight 2,850.00
02-Oct-17 Goldman Sachs Buy 2,580.00


ubs 2675

is there a more up to date target list

[the white house] 11/1/2018 20:19

Hedging simply not required at these levels, just wasting money so won't be happening right nowChevron upgraded by 20 bucks from 120 to 140 just nowWorld Gas price measure up 5.2 percent in a day. Remarkable The UBS forecast looking more equal to GBP31 on a like for like. I fail to see how a barrel of oil on my desk that I could sell yesterday for 58 bucks but today is 59 does not bring in exactly 1 buck pure profit. Happy to hear how it's less!?Whatever happens Big Cash is being thrown off daily & debt repayments, divvi's, purchases are all in play. Any views on possibilities?

[the white house] 11/1/2018 20:05

Specialist Head Eugen Weinberg at Commezbank is always worth listening to : Last week he called a 15 percent decline from 67 bucks in Crude. It has got up 2 bucks sinceOn this day last year he called a price target for June 2017 to fall to Brent 45 dollars What a guy

[waldron] 11/1/2018 18:57

I guess you leave me not much more to say

20days to go

expect a substantial consolidation at 2675p once financials available with a move
back down towards 2475p if any disappointing news

At least the new york court filing did not start a sell off,but feel the market is looking for any excuse for a sell off

PERHAPS SELL IN MAY WILL COME EARLY THIS YEAR

Wonder if the expensive oil is having an adverse affect on the shell chemicals division and companies

No doubt they shell B using the services of shells hedging arm

take care one and all

[maywillow] 11/1/2018 17:45

Natural Gas Price Jumps on Record Storage Withdrawal

By Paul Ausick January 11, 2018 11:25 am EST
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The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 359 billion cubic feet for the week ending January 5. This is the largest one-week storage withdrawal on record.

Analysts were expecting a storage withdrawal of around 318 billion cubic feet. The five-year average for the week is a withdrawal of 170 billion cubic feet, and last year’s storage withdrawal for the week totaled 136 billion cubic feet. Natural gas inventories fell by 206 billion cubic feet in the week ending December 29.

Natural gas futures for February delivery traded up about 3.8% in advance of the EIA’s report, at around $3.02 per million BTUs, and moved up to around $3.04 shortly after the report was released.

The frigid conditions of the past two weeks in the northeast are finally giving way to more moderate temperatures, until early next week when the heavily populated region is expected once again to see colder weather. Overall demand for the next week is forecast to be in the “high” range.

Total U.S. stockpiles fell week over week to 13% below last year’s level and are now also 12% below the five-year average.

The EIA reported that U.S. working stocks of natural gas totaled about 2.767 trillion cubic feet, around 382 billion cubic feet below the five-year average of 3.149 trillion cubic feet and 415 billion cubic feet below last year’s total for the same period. Working gas in storage totaled 3.182 trillion cubic feet for the same period a year ago.

Here’s how share prices of the largest U.S. natural gas producers reacted to today’s report:

Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded up about 1.1%, at $87.00 in a 52-week range of $76.05 to $87.41.
Chesapeake Energy Corp. (NYSE: CHK) traded up about 3.6%, at $4.15 in a 52-week range of $3.41 to $7.29.
EOG Resources Inc. (NYSE: EOG) traded up about 2.1% to $114.40. The 52-week range is $81.99 to $114.86, a new high posted this morning.

In addition, the United States Natural Gas ETF (NYSEARCA: UNG) traded up about 4.1%, at $23.93 in a 52-week range of $20.40 to $35.00.

[maywillow] 11/1/2018 17:22

The world according to waldron

shell b premium seems to be widening

The euro strengthened today


Shell A
2,570.5 +0.53%



Shell B
2,607 +0.48%

SO THE share price IS SNUG AS A BUG IN A RUG

2575 to 2675p BOX

FRIDAY CLOSE SHOULD CONFIRM

[waldron] 10/1/2018 18:07

sarkasm
10 Jan '18 - 17:13 - 1951 of 1952
0 1 0
Goldman: OPEC Will Talk Oil Prices Down If Brent Tops $70

DESPITE THE SAUDI CONCERNS WITH THE BRENT PRICE AND RIG COUNTS

I FEEL THAT WE SHOULD SERIOUSLY LOOK AT PROFIT CENTRES OUTLINED IN FULL YEAR FINANCIALS AND FUTURE OUTLOOK

REASONS

SHELL IS NO LONGER RESTRICTED TO BRENT OIL

SHELL IS INTO OTHER TYPES OF OIL AND GAS

SHELL IS TRADING AND HEDGING

SHELL IS PIPING REFINING AND SHIPPING ALL TYPES OF OIL AND GAS

SHELL IS INTO RENEWABLES

SHELL IS INTO RISKY DEEP SEA EXPLORATION

SHELL SOON TO BE IMPACTED BY TAX CHANGES

no doubt missed something important, but now await 1st february

[waldron] 10/1/2018 17:29

Shell A
2,557 +0.87%



Shell B
2,594.5 +0.99%

SO THE share price IS ALMOST SNUG AS A BUG IN A RUG

2575 to 2675p

personally 2675p is pencilled in as a sell depending on timing and tax considerations

[fjgooner] 09/1/2018 22:45

Yep - this is going to be fun.

Crude Oil WTI Futures up 2.79% to $63.45.
Brent is surging to $69.25.

-----------

Further coverage on tonight's API data:

Oil Prices Rise After API Reports Staggering Crude Oil Draw

By Julianne Geiger - Jan 09, 2018, 3:43 PM CST



The American Petroleum Institute (API) reported a staggeringly large draw of 11.19 million barrels of United States crude oil inventories for the week ending January 5, marking six large draws in as many weeks, according to the API data. Analysts, had expected a much smaller drawdown of 3.89 million barrels in crude oil.

Last week, the American Petroleum Institute (API) reported a large draw of 4.992 million barrels of crude oil, along with an increase in gasoline inventories of 1.87 million barrels.

This week, the API is reporting another build in gasoline inventories of 4.338 million barrels for the week ending January 5. Analysts had expected a smaller, 2.625-million-barrel build.

WTI and Brent soared to three-year highs on Tuesday before the data on the expectation that crude oil inventories would decline yet another week, along with EIA’s updated forecast for oil demand growth that shows an increase over previous figures of 100,000 bpd.


WTI was trading up 2.33% (+$1.44) at $63.17 at 1:51pm EST. The Brent benchmark was trading up 1.76% (+$1.19) at $68.97. Still analysts are cautious of its long-term prospects as US shale is expected to continue to eat away at OPEC’s production cut efforts as prices rise, although that caution appears to be weakening somewhat as prices continue to hold.

Distillate inventories also saw a build this week of 4.685 million barrels, against a forecast of a 1.464-million-barrel build.

Inventories at the Cushing, Oklahoma, site decreased by 2.516 million barrels this week.

[the white house] 09/1/2018 18:21

Brent up a buck, with a tenth of next q already done at 67+ must be a good time to be a Shell number cruncher

[2hoggy] 09/1/2018 17:40

Boing,boing,boing,keep it up shell skippy,are we going to see £26 soon I would not be surprised..

[waldron] 09/1/2018 17:25

Shell A
2,535 +0.38%


Shell B
2,569 +0.35%

YEP ALMOST THERE

and theres a good chance within the next 21days that the share price will be
sitting snug in the 2575 to 2675 BOX

[grupo guitarlumber] 09/1/2018 13:30

ALMOST THERE




waldron
5 Jan '18 - 10:56 - 1911 of 1944
0 2 0
Shell A
2,531.5 -0.06%



Shell B
2,561.5 +0.02%

HAVE WE GOT A HEAD WIND AS WE APPROACH STRONG RESISTENCE AT 2575p

or will we get a tail wind into the 2575 to 2675p

all exciting stuff on the flight path as we approach February

[10acious] 09/1/2018 12:30

ZhoHeadline says Shell, article talks about BP.I'm confused!

[waldron] 08/1/2018 17:22

Shell A
2,525.5 -0.18%



Shell B
2,560 -0.12%

FOR THE MOMENT

STAYING PUT

[waldron] 08/1/2018 09:09

Alliance News

PRESS: Shell Chief Van Beurden Favours Shale For Future Growth - FT
Mon, 8th Jan 2018 07:34


LONDON (Alliance News) - Royal Dutch Shell PLC Chief Executive Ben van Beurden said the company's growth in the next decade will depend on shale production, the Financial Times reported Sunday.

According to the newspaper, van Beurden sees "chemicals, electricity and biofuels as key sectors for Shell's long-term future". Depending on the price of oil in the 2020s, the CEO said, the oil major would probably want to continue investing in shale "because we will really want to grow this business quite quickly".

Van Beurden said Shell has been working hard in the past few years to reduce shale production costs, and with "a little bit of help from the oil price going up, we now see that we can significantly accelerate investment into this opportunity".

The recovery in oil prices and lower costs mean "you will see a tremendous amount of growth" in cash generation from shale, said van Beurden.



By Toby Woodall; [e-mail]

[waldron] 07/1/2018 23:05

THANKS FOT THAT FJ

CHEERS

ENJOY THE COMING WEEK

TAKE CARE

NOT LONG NOW UNTIL 1ST FEB

[fjgooner] 07/1/2018 21:10

A Saudi view on the future of oil

Wael Mahdi

January 8, 2018

There is a simple way to understand how Saudi policymakers perceive the future of oil: Much is revealed by how the Kingdom builds its fiscal budget forecasts.

Bloomberg News reported last month, based on sources it did not name, that Saudi planners expect to see the first fiscal surplus in 2023 as oil revenues increase by a forecast 80 percent from 2017.

Why is that? It is because they expect oil prices to average $75 and KSA’s production to increase to 11.03 million barrels a day from about 10 million in 2017.

What does this tell us about what the Saudis think about the future oil? There are three things that can be concluded.

The first is that, despite efforts to diversify the economy away from oil, Saudi Arabia will still rely on oil income.

Based on the numbers quoted by Bloomberg, Saudi Arabia’s total revenues in 2023 will reach SR1,138 billion while government spending will reach SR1,134 billion. This means the surplus recorded will be around SR4 billion only.

Looking at the revenue numbers, SR801.36 billion of the total is expected to come from oil revenues and SR336.6 billion from non-oil sources, Bloomberg reported. This would be an increase from the SR256 billion in non-oil revenues the government expects for 2017.

That would mark a significant improvement – but still not enough to free the economy entirely from oil sales.

With this in mind, Saudi policymakers will still be concerned about the health of the oil market for years to come, even as they further diversify the economy. That will mean the Kingdom will work closely with other producers – as it is doing now – to restore the balance of the market.

Second, Saudi Arabia is bullish on oil prices as it expects to see them increase over the coming five years. But being bullish goes against the thesis nowadays that oil prices will stay “lower for longer.” So how can these two views be reconciled?

When analysts and oil executives like Bob Dudley, CEO of energy giant BP, refer to “lower for longer,” they are in fact referring to the environment in which they need to operate in order to make profit.

No one seems to expect that oil will go back to the $100 level in the foreseeable future. The reason for that is the ability of shale oil producers in North America, and a few others outside the Organization of the Petroleum Exporting Countries (OPEC), to pump more over the next five years.

Under the International Energy Agency’s “New Policies Scenario” published in November, which is based on existing legislation and announced policy intentions relative to emissions and climate change, the oil price should continue to rise toward $83 a barrel by the mid-2020s.

Looking at the developments in the oil market, there is a chance that oil prices could go above $70 even before 2023.

Three factors support such an idea: The low levels of investments in oil and gas exploration and production since 2014; the healthy expected increase in demand for oil over the next five years; and the relatively low number of reserve discoveries.

The third conclusion about the Saudi view on oil is that policymakers see a need to increase production to historic levels in the future. Going from 10.058 million barrels per day in 2018 to an unprecedented average of 11.03 million barrels in 2023 shows that Saudi Arabia is ready to share the burden with other producers to meet future demand. For those who understand the nature of the business, this cannot be done without huge investments and that is why Saudi Aramco unveiled a plan to spend at least $300 billion over the next decade.

The future of oil prices and supply will rest on few producers and Saudi Arabia is one of them. Saudi policymakers are aware that despite all the talk of abundant supply from outside OPEC, the reality might be different and the global rate of new hydrocarbons discoveries illustrates that.

Shale oil is bridging the supply gap for now but Aramco’s CEO said recently that he does not expect this to go on forever – and at some point there will be no more “sweet spots” to drill for. So the next five years might seem like “business as usual” for Saudi Arabia after all. Beyond that, no one can tell for sure what will happen.