Shell Share Discussion Threads

[jon123] 19/9/2018 19:26

all i can say is if your not happy with the service your getting from your broker move to another one its not like its hard work to move brokers these days although i do have to say the cap on funds if they go belly up isn't that high so its prudent to have it spread about in different brokers

[fjgooner] 19/9/2018 10:02

It's not petty at all. It is an irritant. It wouldn't be so bad if at least Barclays sent a notification when funds finally hit our accounts!

[stevie blunder] 19/9/2018 09:47

Thanks Ianood, I'll investigate so that I have a back up plan if they don't sort those other issues I mentioned.

[jon123] 19/9/2018 09:05

i hold these in 2 accounts one with a j bell which paid the divi on monday but only just reinvested today the other with iii paid the divi monday still hasn't reinvested but to be honest i'd still get the same amount of shares had they bought on monday or today and even tomorrow so i don't see the complaint too be honest unless your complaining over a few pence here and there which to me seems pretty petty

[ianood] 19/9/2018 08:49

FJ & Stevie, whilst not quite perfect my experience with HL has been remarkably good and not over priced for my needs.

[stevie blunder] 19/9/2018 08:36

Hi fjgooner, Yes still waiting for me Shell divi at Barclays. Mostly divis come through on the same day or the next, but sometimes the system does seem go go wrong in a big way. I see that in their Terms and Conditions they only promise to credit divis within 2 weeks. They almost missed that deadline with me last year on one occasion.

I have other issues with them also, which I wont go into. The problem is that if I move brokers I am not sure that I wont meet equally annoying but different deficiencies with another Broker.

[steve73] 19/9/2018 07:20

It used to be that, statistically, the most dangerous factor of working offshore was the helicopter trips there and back, and that by adopting a longer "period" the overall risk could be significantly reduced. This was when 2:2 was the norm.

That said, I was always glad to leave after 2 weeks, although a 3:4 schedule sounds significantly preferable.

[garycook] 14/9/2018 07:53

14 Sep Royal Dutch Shell Goldman Sachs Buy 2,516.00 2,980.00 3,130.00

[xxxxxy] 13/9/2018 22:45

A little extra dividend would be nice.

[fjgooner] 12/9/2018 19:26

Shell Set to Shine After Lean Years

Integrated oil companies such as Shell and Total are set to reap the benefits from capital discipline in recent years, Morningstar analysts say

Allen Good 11 September, 2018 | 2:22PM

Integrated oil companies such as Shell (RDSB) and Total (FP) present the greatest opportunity among their sector peers, according to Morningstar analysts. These firms are set to reverse years of little or no free cash flow despite significantly lower oil and gas prices as high levels of investment give way to growth and capital restraint.

Four-star rated Shell has a fair value estimate of £32.50, according to Morningstar analysts, above a current price of £24.20 per share.

We expect increased free cash flow from both upstream and downstream operations within the oil sector. In upstream, higher-margin production is to be added at capital costs that are in some cases nearly 40% lower than a few years ago, offsetting much of the impact of lower oil prices. Meanwhile, falls in service costs, standardisation, and simplification combine to reduce the capital intensity of key project areas such as deep-water, shelf, and onshore, creating the opportunity to do more with less.

In downstream, continued strong market conditions combined with earnings growth lead to strong free cash flow generation. This results in financially stronger and healthier companies that can increase dividends and repurchase shares. Importantly, this improvement can occur at our medium-term oil price of $60 per barrel, well below current levels, and in many cases, the market is underpricing the improvement.

Shell's Capital Discipline

With the restoration of its cash dividend, Shell has demonstrated that it has taken the necessary steps to remain competitive in a world of $60/barrel oil. Like the rest of the integrated group, Shell has reduced its cost base, which had become bloated, in part by reducing headcount and improving its supply chain. Furthermore, the addition of BG’s low-cost production reduces Shell’s per-barrel operating cost, which ranked among the highest in its peer group. Shell already reduced operating cost by 20% from 2014 levels and says that potential further reductions are possible in later years.

At the same time, Shell plans to avoid the mistakes of the past, when rising commodity prices resulted in ever-increasing capital budgets, by keeping yearly capital spending between $25 billion and $30 billion until 2020, a 40% reduction from the nearly $50 billion it spent in 2014. The sharp decrease should improve capital efficiency, but should not completely sacrifice growth. While the reduction in spending is in part a function of cancelled marginal projects that are no longer economical, it also results from cost deflation, improved performance, and design standardisation, which have meaningfully improved potential returns and reduced total project spend.

As a result of its collective efforts, including divestiture of capital-intensive low-return upstream and downstream assets, Shell should boost margins and improve returns by 2020, leaving it in a better competitive position. However, while we think it might fall just short of its goal of 10% return on capital, we expect it can realise its $25 billion in free cash flow target with oil of $65.

[xxxxxy] 12/9/2018 09:35

agree with fjgooner

[fjgooner] 11/9/2018 21:47

Bloody typical.

We have a lovely low stock price for Shell - and with just 3 trading days before dividend funds hit our accounts for re-investment - analysts suddenly get more enthusiastic and bloody oil prices surge.

Just can't win some quarters, eh? :)

[xxxxxy] 11/9/2018 16:14

Trump's sanctions on Iran could push oil prices above $100 per barrel

[garycook] 11/9/2018 07:49

11 Sep Royal Dutch Shell Barclays Capital Overweight 2,477.50 3,300.00

[steve73] 11/9/2018 06:52

Shell are slipping against BP, despite buying back around 50% more than BP are doing.

[montyhedge] 10/9/2018 15:54

Sogosit
Share buybacks waste of money but makes directors look good with eps.

[xxxxxy] 09/9/2018 16:01

Artificial Photosynthesis: A New Renewable Energy Source?

[sarkasm] 09/9/2018 08:25

Shell Oil Held Secret Meetings With Environmentalists On Enacting A Carbon Tax
11:02 AM 09/07/2018
Jason Hopkins | Energy Investigator

Executives with Shell Oil Company have been secretly meeting with environmental groups for more than two years to establish support for a nationwide tax on carbon emissions.

Since the beginning of 2016, Shell, an international oil and gas giant based in the Netherlands, has met with officials from the Niskanen Center, the Environmental Defense Fund (EDF), World Resources Institute and the Nature Conservancy regarding the implementation of a U.S. carbon tax and to discuss a host of other climate change issues, according to a report from E&E News.

The talks began during the 2016 presidential election, with the understanding that a Hillary Clinton administration would likely mean more regulation of the fossil fuel industry. However, the communication continued after President Donald Trump’s upset victory. What began as face-to-face meetings in Shell’s Washington, D.C., offices and at restaurants in the first two years shifted to communication over phone calls and emails. (RELATED: Foreign-Based Oil Companies Praise GOP Lawmaker’s Carbon Tax Bill)

Communication with Shell continues on a weekly basis, but participation among the different environmental groups varies.

“We value our partnerships with the private sector, including companies like Shell, and believe that these partnerships are important for achieving durable policy solutions,” Jason Albritton, a senior adviser for the Nature Conservancy, stated to E&E News. Also confirming the meetings was Environmental Defense Fund spokeswoman Victoria Mills, who said EDF regularly meets with companies to build support for climate change legislation in Congress.

The concept of a carbon tax — a charge levied upon companies according to the amount of CO2 they emit into the atmosphere — has been pushed by environmentalists as an alternative to strict government regulations. Shell has long been supportive of the idea.

While passage of carbon pricing legislation is highly unlikely in the GOP-controlled Congress, some Republicans have embraced it. Republican Rep. Carlos Curbelo, who represents a competitive Miami district, introduced a bill in July that calls for a tax on CO2 emissions. However, Curbelo has admitted himself that the legislation would likely go nowhere, and he has since been subjected to attack ads for introducing it.

Follow Jason on Twitter.

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