Shell Share Discussion Threads

[waldron] 26/4/2018 08:52

Total
51.58 +0.84%



Engie
14.215 +0.25%

Orange
14.78 +0.07%


BP
530 +1.15%



Shell A
2,477.5 -2.02%



Shell B
2,536.5 -1.99%


FTSE 100
7,375.12 -0.06%
Dow Jones
24,083.83 +0.25%
CAC 40
5,425.06 +0.22%

[careful] 26/4/2018 08:18

Free cash flow lower.
The market seems to value free cash flow higher than profits these days which is something I never understand.
Profits can be rigged...think of a number...

[waldron] 26/4/2018 08:14

SUPER GOOD NEWS PERHAPS POSSSIBLY ALREADY PRICED IN DB

OR PERHAPS A NO INCREASE OF DIVIDEND DISAPPPOINTMENT

Some other bluechips upped their divis this time round

BUT I FOR ONE BELIEVE IT WILL BREAK THRU 2675 BEFORE FALLING BACK SUBSTANTIALLY
AS SEEMS THE CUSTOM


IT SHELL B

[dbensimon] 26/4/2018 08:08

Very good set of results yet the share price is falling 2%. Don't understand....

[steve73] 26/4/2018 07:59

Chevron increased their divi before last quarter.. I could understand that Shell (& BP) didn't respond 3 months ago, but I'm surprised they didn't react this qtr..
As you say, maybe that have bigger plans... HUR perhaps, or even BP...!

[sogoesit] 26/4/2018 07:45

I see Helge (ex BG Chair) has now turned-up at BP as their new chair.
Maybe he'll flog-off BP to Shell? Lol

[fjgooner] 26/4/2018 07:43

Agreed. Bloomberg TV headline reads "Shell profits soar back to days of $100 oil".

A very good start to the year.

[chiefbrody] 26/4/2018 07:39

Few more quarters of similar numbers and they might increase the div. it's still a monster div as it is anyway at circa 6% (or 8%+ for many of us)

[petepitstop] 26/4/2018 07:34

There is indeed a sweetspot with gas and upstream up and downstream down at 60.66USD. The remaining quarters will give up a better idea where it is. Downstream gives enormous resilience if the price drops and upstream gives us upside. Excellent results.

[waldron] 26/4/2018 07:22

steve73

perhaps they decided to do better things with the cash

that will increase profits,free cash flow and thence dividends for the longer term

[steve73] 26/4/2018 07:17

disappointing.. no increase in Dividend.

[la forge] 25/4/2018 22:05

Apr 25, 2018 @ 03:07 PM 68
The Little Black Book of Billionaire Secrets
Shell Preview: Expect Solid Q1 Led By Higher Price Realization For Upstream Business
Great Speculations
Buys, holds and hopes
Opinions expressed by Forbes Contributors are their own.
Trefis Team Trefis Team , Contributor

Royal Dutch Shell is set to report its Q1 2018 earnings on April 26, and we expect the company to post solid numbers, primarily driven by improved price realization for its upstream operations and higher margins for its refined and chemicals products. Further, the company’s efforts to reduce its operating costs and capital spending are likely to boost its bottom-line for the year. 2017 was a good year for oil companies, as growth in WTI crude prices aided their margins, and Royal Dutch Shell in particular benefited from its massive divestments. Similarly, in 2018, the average WTI crude oil price is expected to be $56, representing a 10% jump from the 2017 average. It should be noted that the current price is much higher than the expected average by EIA. This should bode well for the company’s upstream operations in 2018, and the company’s $5 billion annual divestment target will further aid its overall performance. We have created an interactive dashboard on Royal Dutch Shell’s expected performance for 2018. You can adjust the revenue and margin drivers to see the impact on the company’s performance.

Expect Upstream Business To Drive Growth In 2018
Trefis

We estimate Royal Dutch Shell’s Upstream revenues to grow roughly 11% in 2018. While we don’t expect much change in the production, the average crude oil and NGL sale price is estimated to see a 3% jump to $51. Our forecast is based on the fact that OPEC and its allies have committed to production cuts, which is likely to keep oil prices higher, as compared to the prior year. In addition, a number of geopolitical concerns are weighing on the oil prices. Venezuela is sliding into default, and the economy may contract by 15% this year. Earlier this month, the U.S., France, and the U.K. launched a missile attack on Syria’s alleged chemical weapons sites in response to allegations of the Syrian government using chemical weapons. All these factors have led to a surge in oil prices, which currently trade at $69. Having said that, there is a risk of OPEC changing its course, given a surge in oil exports from the U.S. to Asia, which could lead to an increase in the oil production.

Within the Upstream segment, we expect the Natural Gas business to see low single digit revenue growth, primarily led by higher price realization. It should be noted that Royal Dutch Shell’s Natural Gas price realization has declined from the peak of $6.85 in 2008 to $3.16 in 2016. However, it increased to $3.83 in 2017, due to higher demand. The overall gas demand in 2017 was high, which led to lower average inventory levels, thereby pushing the prices higher. Looking forward, natural gas prices are expected to remain steady in 2018. The benchmark Henry Hub natural gas spot price is expected to average around $2.99/MMBtu in 2018, according to the U.S. Energy Information Administration, which is similar to the 2017 average.

Overall, we expect the company to post earnings of $4.73 in 2018. We forecast a TTM price to earnings multiple of 14 by the end of 2018, which is slightly lower than most of the estimates for the sector, to arrive at our price estimate of $68 for Royal Dutch Shell. This implies a discount of around 4% to the current market price.

[fjgooner] 25/4/2018 18:45

2018Q2 Brent average is now approximately $71.22.

2018Q1 Brent average was approximately $67.23.

2017Q1 Brent average was approximately $54.57.

So Shell is in a very sweet spot this year - I'm hugely looking forward to the results tomorrow and in 13 weeks' time.

Good luck to all fellow Shell holders.

All the best,

FJ

[waldron] 25/4/2018 18:08

Total
51.15 -1.33%


Engie
14.18 +0.21%

Orange
14.77 -0.27%

BP
524 -1.80%


FTSE 100
7,379.32 -0.62%
Dow Jones
23,952.81 -0.30%
CAC 40
5,413.3 -0.57%



Shell A
2,528.5 -0.82%



Shell B
2,588 -0.75%


Brent Crude Oil NYMEX 73.48 -0.54%
Gasoline NYMEX 2.08 -0.69%
Natural Gas NYMEX 2.80 -0.57%

[chiefbrody] 25/4/2018 17:28

Back to where we were at the beginning of the year. Yet the oil price is quite a bit higher....Onwards and upwards tomorrow?

[waldron] 25/4/2018 10:45

sitting nicely in the 2575 to 2675p BOX

tomorrow might give a substantial breakout thru 2675p

[waldron] 25/4/2018 09:38

Total
51.53 -0.60%


Engie
14.12 -0.21%

Orange
14.75 -0.41%

BP
524.9 -1.63%


TOMORROW




Shell A
2,532 -0.69%



Shell B
2,591.5 -0.61%



Brent Crude Oil NYMEX 74.08 +0.27%
Gasoline NYMEX 2.10 +0.12%
Natural Gas NYMEX 2.80 -0.28%


FTSE 100
7,393.7 -0.43%
Dow Jones
24,024.13 -1.74%
CAC 40
5,424.61 -0.36%

[la forge] 24/4/2018 21:39

Shell to fund deepwater Vito project
04/24/2018
Shell Offshore Inc. Vito deepwater Gulf of Mexico
(Illustration courtesy Shell)

Offshore staff

HOUSTON – Shell Offshore Inc. has taken the final investment decision for Vito, a deepwater development in the US Gulf of Mexico.

This decision sets in motion the construction and fabrication of a new, simplified host design and subsea infrastructure. A forward-looking, breakeven price is estimated to be less than $35/bbl.

Located over four blocks in the Mississippi Canyon area, the Vito development will consist of a semisubmersible host facility and eight subsea wells with deep (18,000 ft) in-well gas lift. First oil is scheduled for 2021.

Vito is expected to reach peak production of about 100,000 boe/d. Estimated recoverable resources are 300 MMboe.

The Vito development is owned by Shell Offshore Inc. (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 ft (1,219 m) of water, about 150 mi (241 km) southeast of New Orleans.

In 2015, Shell began to redesign the Vito project, reducing cost estimates by more than 70% from the original concept. The cost savings, the company said, are due to the simplified design, in addition to working collaboratively with vendors in a variety of areas including well design and completions, subsea, contracting, and topsides design.

“With a lower-cost developmental approach, the Vito project is a very competitive and attractive opportunity industry-wide,”; said Andy Brown, Shell Upstream Director. “Our ability to advance this world-class resource is a testament to the skill and ingenuity of our development, engineering and drilling teams.”

04/24/2018

[waldron] 24/4/2018 19:58

Total
51.84 +1.33%


Engie
14.15 -0.11%

Orange
14.81 -0.47%


BP
533.6 +2.30%


Shell A
2,549.5 +1.19%



Shell B
2,607.5 +1.24%


FTSE 100
7,425.4 +0.36%
Dow Jones
24,400.25 -0.20%
CAC 40
5,444.16 +0.10%


Brent Crude Oil NYMEX 74.76 -0.33%
Gasoline NYMEX 2.12 -0.61%
Natural Gas NYMEX 2.81 +0.97%

[la forge] 24/4/2018 14:36

Michele Maatouk
WebFG News
24 Apr, 2018 14:18
Shell to sell Argentina downstream business for $950m
Royal Dutch Shell, oil & gas, petrol
Royal Dutch Shell 'A'
2,534.00
13:30 24/04/18
0.58%
14.50
FTSE 100
7,411.73
13:30 24/04/18
0.17%
12.86
FTSE 350
4,133.07
13:30 24/04/18
0.09%
3.82
FTSE All-Share
4,082.97
13:30 24/04/18
0.10%
4.02

Oil giant Shell has agreed to sell its downstream business in Argentina for $950m in cash to Raizen, which is a joint venture it set up with Cosan in 2011.

The sale includes the Buenos Aires refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply and distribution activities in the country.

Once the deal closes, the businesses acquired by Raízen will continue their relationships with Shell through various commercial agreements, which represent an estimated value of $300m.

Shell Downstream director John Abbott said: "We plan to continue thriving in Argentina’s downstream market through Raizen.

"Raizen has already delivered significant value for us in Brazil and we will remain an important fuel supplier to Argentina under this deal."

Shell said the deal, which does not include its upstream interest in the Vaca Muerta shale formation, is consistent with its strategy to simplify its portfolio through a $30bn divestment programme, and follows a strategic review of its downstream business in Argentina that began in August 2016.

The agreement with Raizen is the result of a competitive bidding process and the sale is expected to complete later this year.

At 1415 BST, the shares were up 0.5% to 2,585p.