Shell Share Discussion Threads

[waldron] 06/12/2018 17:12

Royal Dutch Shell Q3 2018 Euro and GBP Equivalent Dividend Payments
06/12/2018 5:02pm
UK Regulatory (RNS & others)


TIDMRDSA TIDMRDSB

ROYAL DUTCH SHELL PLC THIRD QUARTER 2018 EURO AND GBP EQUIVALENT DIVIDEND
PAYMENTS

The Hague, December 6, 2018 - The Board of Royal Dutch Shell plc ("RDS") today
announced the pounds sterling and euro equivalent dividend payments in respect
of the third quarter 2018 interim dividend, which was announced on November 1,
2018 at US$0.47 per A ordinary share ("A Share") and B ordinary share ("B
Share").

Dividends on A Shares will be paid, by default, in euro at the rate of EUR0.4124
per A Share. Holders of A Shares who have validly submitted pounds sterling
currency elections by November 30, 2018 will be entitled to a dividend of
36.77p per A Share.

Dividends on B Shares will be paid, by default, in pounds sterling at the rate
of 36.77p per B Share. Holders of B Shares who have validly submitted euro
currency elections by November 30, 2018 will be entitled to a dividend of EUR
0.4124 per B Share.

This dividend will be payable on December 19, 2018 to those members whose names
were on the Register of Members on November 16, 2018.

Taxation - cash dividend

Cash dividends on A Shares will be subject to the deduction of Dutch dividend
withholding tax at the rate of 15%, which may be reduced in certain
circumstances. Non-Dutch resident shareholders, depending on their particular
circumstances, may be entitled to a full or partial refund of Dutch dividend
withholding tax.

If you are uncertain as to the tax treatment of any dividends you should
consult your own tax advisor.

[waldron] 06/12/2018 17:10

Total
47.385 -2.91%


Engie
12.08 -2.30%

Orange
14.535 -1.72%

FTSE 100
6,704.05 -3.15%
Dow Jones
24,340.54 -2.74%
CAC 40
4,780.46 -3.32%


Brent Crude Oil NYMEX 59.41 -3.49%
Gasoline NYMEX 1.41 -2.75%
Natural Gas NYMEX 4.34 -3.00%


WTI (WTI)
- 06/12 17:49:27
50.84 USD -3.46%



BP
503.3 -4.50%


Shell A
2,275 -4.45%


Shell B
2,301.5 -4.54%


WHAT A GREY DAY

[solomon] 06/12/2018 12:12

The machines are taking over, Waldron. We, as PI's, have to learn to factor that in to our trading/investing and to take advantage of the new market environment.

[waldron] 06/12/2018 11:41

BP
509.4 -3.34%


Shell A
2,313 -2.86%


Shell B
2,343 -2.82%

Total
47.905 -1.84%


WILL BE INTERESTING TO SEE THE OUTCOME LATER TODAY AND TOMORROW


IT BEING SAINT NICOLAS DAY , I AM STILL HOPING FOR A SANTA CLAUS RALLY

[essentialinvestor] 06/12/2018 11:34

Given the wider UKX and where oil is trading, the current RDSB price
looks highish to me. However FX is (currently) supportive and oil may rebound.

[waldron] 06/12/2018 11:28

Brent Crude Oil NYMEX 59.47 -3.40%
Gasoline NYMEX 1.40 -3.42%
Natural Gas NYMEX 4.42 -1.19%

(WTI)
- 06/12 12:14:03
51.13 USD -2.91%

[zho] 06/12/2018 11:22

Saudis Back Modest OPEC+ Output Cut, Don't Want to Shock Market

[waldron] 06/12/2018 08:06

cheers fjg

enjoy your day

[fjgooner] 06/12/2018 00:15

Foghorn Leghorn just isn't that clued up on this subject it seems ... unless he wants to see U.S. shale producers go bust yet again.



U.S. Shale Struggles As Oil Prices Drop

By Nick Cunningham - Dec 05, 2018, 5:00 PM CST

The explosive production growth in the U.S. shale patch has surprised even the most optimistic forecasters, but the huge jumps in output belies and obscures the financial state of the industry, which is a bit more complicated than the production figures might suggest.

Shale companies scrambled to cut costs during the oil market downturn between 2014 and 2017, and they successfully lowered their breakeven prices significantly. When OPEC+ agreed on its initial production cut deal, which started at the beginning of 2017, the higher prices that resulted from the agreement allowed U.S. shale to rebound in a big way. Surging production over the past two years suggested that the shale industry was stronger than ever.

This year was supposed to be the year that the money started rolling in – with cost cuts in hand and higher oil prices lifting all boats, shale drillers were supposed to be in the clear. But profits have been elusive.

To be sure, some companies have posted significant earnings. The oil majors, in particular, are earning more money than they have in a long time. But the bulk of the shale industry is still struggling. According to the Wall Street Journal, the 30 largest shale companies earned a rather marginal $1.7 billion combined in 2017.

The latest meltdown in prices, however, puts a lot in the industry right back into hot water. The problem is that despite boasts of low breakeven prices, many shale companies have failed to take a comprehensive look at the all-in costs of producing oil, as the Wall Street Journal points out.

It wasn’t uncommon over the last few years to hear shale executives brag about how their wells were profitable even with oil under $40 per barrel. But often those figures didn’t include the cost of land acquisition, or transportation. Or, while individual wells might make a return, the company was ignoring the cost of producing in other less desirable locations. At the end of the day, much of the industry was not turning a profit, even when oil prices traded north of $50 per barrel.

According to the Wall Street Journal and consulting firm R.S. Energy Group, true breakeven prices that incorporate costs such as land acquisition come out to about $51 per barrel in the Permian, $57 per barrel in the Eagle Ford, and $64 in the Bakken.

That means that the latest downturn in oil prices is likely putting the industry under strain. WTI is now trading in the low-$50s per barrel.

On top of that, the pipeline bottlenecks are having a negative effect on finances, even though the robust production figures reported by the EIA suggest that the constraints have only had a marginal impact on production.

There are conflicting signals on how much the Permian, for instance, is seeing a slowdown because of pipeline issues. “The widely-predicted movement of activity and capex out of the Permian Basin while off-take capacity is constrained is yet to materialise,” Standard Chartered analysts wrote in a note, adding that “oil rigs in the Bakken have only risen by six y/y, Eagle Ford oil activity is up 13, while the combined Delaware and Midland Basin oil rig count is up 95 y/y.”

But Schlumberger, the largest oilfield services company in the world, said this week that it expects drilling activity to slow down significantly in the fourth quarter, with sales for its services in North America expected to drop by 15 percent, compared to the prior quarter. The recent downturn in prices is hurting drillers, which comes at a time when budgets are mostly exhausted anyway.

------------------------------------

AND YET ...



Trump demands OPEC to shun oil output cuts

US President Donald Trump on Wednesday urged the Organization of Petroleum Exporting Countries and its allies not to withhold oil production next year.

“Hopefully OPEC will be keeping oil flows as is, not restricted,” President Trump said via Twitter, ahead of the producer group’s meeting on Thursday to discuss potential supply curbs.

The World does not want to see, or need, higher oil prices,” Trump added.

The producer group and its allies continued to discuss the amount of potential oil cuts, but the majority of producers made clear their agreement on the necessity of reducing crude output.

The US administration sought to maintain crude production to avert a rally in prices as it tightens sanctions against oil-rich Iran.

President Trump lashed out repeatedly at OPEC, accusing the group of driving oil prices higher, while demanding it to ramp up its oil production.

“The OPEC Monopoly must remember that gas prices are up [and] they are doing little to help,” Trump said, noting that the group was “driving prices higher as the United States defends many of their members for very little $’s.”

--------------------

[fjgooner] 05/12/2018 19:18

Let's hope that OPEC+ choose to completely ignore Foghorn Leghorn this time. They've seen Leghorn's fake Iranian sanctions last month, so shouldn't be fooled again.

[waldron] 05/12/2018 17:07

Total
48.805 -1.39%


Engie
12.365 +0.12%

Orange
14.79 +0.41%

FTSE 100
6,921.84 -1.44%
Dow Jones
25,027.07 -3.10%
CAC 40
4,944.37 -1.36%



WTI (WTI)
- 05/12 17:45:45
53.41 USD +1.19%


Brent Crude Oil NYMEX 62.32 +0.39%
Gasoline NYMEX 1.46 +1.25%
Natural Gas NYMEX 4.49 +0.74%



BP
527 -1.86%

Shell A
2,381 -1.45%


Shell B
2,411 -2.07%

[waldron] 04/12/2018 17:07

Total
49.495 -0.64%


Engie
12.35 -1.59%

Orange
14.73 -1.64%

WTI
- 04/12 17:44:33
53.05 USD -0.34%


Brent Crude Oil NYMEX 62.21 +0.84%
Gasoline NYMEX 1.45 +1.52%
Natural Gas NYMEX 4.52 +4.26%



FTSE 100
7,022.76 -0.56%
Dow Jones
25,628.49 -0.77%
CAC 40
5,012.66 -0.82%



BP
537 +0.94%


Shell A
2,416 +0.02%


Shell B
2,462 +0.06%

[sogoesit] 04/12/2018 05:39

Brent back above $60 again.
This area, rather than Opec’s $70, seems to be the new benchmark or am I getting confused following Trump leaning on Saudis Arabia?
What a roller-coaster year it has been!

[waldron] 03/12/2018 17:03

Total
49.815 +1.32%


Engie
12.55 +1.05%

Orange
14.975 -1.22%


FTSE 100
7,062.41 +1.18%
Dow Jones
25,747.24 +0.82%
CAC 40
5,053.98 +1.00%


Brent Crude Oil NYMEX 60.76 +2.19%
Gasoline NYMEX 1.43 +1.65%
Natural Gas NYMEX 4.36 -5.55%


WTI 52.1400 -0.33%



BP
532 +2.31%


Shell A
2,415.5 +1.92%

Shell B
2,460.5 +2.71%

[waldron] 03/12/2018 09:25

Royal Dutch Shell PLC (RDSB.LN) plans to set short-term goals to help the company reduce the net carbon footprint of its energy products with performance targets linked to executive pay.

The oil-and-gas company said it will set a target each year for the following three- or five-year period, starting in 2020. The program will run until 2050, the company said.

Shell will link its targets and other measures to its executive remuneration policy. The revised remuneration policy will be put to shareholders for approval at the company's annual general meeting in 2020.

The company said it will publish its progress toward lowering its energy products' net carbon footprint in a sustainability report. In line with recommendations from the Task Force on Climate-Related Financial Disclosures, Shell said it will integrate this disclosure into its annual report as appropriate.

The company will seek third-party verification of the reported net carbon footprint, Shell said.



Write to Oliver Griffin at [e-mail]; @OliGGriffin



(END) Dow Jones Newswires

December 03, 2018 02:34 ET (07:34 GMT)

[fjgooner] 03/12/2018 01:19

Wouldn't want to be short oil or Shell this week - given the news flow yesterday, both look set for a good bounce starting from as soon as this morning.

[scobak] 02/12/2018 13:49

I don't think Trump will even know the book let alone have read it. He has done well though for a man seemingly doing everything by the seat of his pants though I'll bet there is a skiddy or more as evidence of his dealings.
The 'job' isn't finished until the paper work is done.