Shell Share Discussion Threads

[p0pper] 23/1/2019 15:53

Essential you are right about the pound, BATS getting hammered today, was at 2610 ish yesterday now down to 2460 ish

[essentialinvestor] 23/1/2019 15:46

Small amount at under 2278.

It may be worth keeping in mind that FX has been supportive recently,
any resolution of the current Brexit impasse may see a pop in GBP.
The upside in GBP v Euro and USD may be underestimated.

[maywillow] 23/1/2019 15:25

Good Luck WJ

I would not be atall surprised for you to have a decent return by early feb

[w1ndjammer] 23/1/2019 15:18

Back onboard shell my last sell 2700

bought these 2284

WJ.

[maywillow] 23/1/2019 13:06

Take from the following what you want or need

The stock price for Royal Dutch Shell Plc ticker code: LON:RDSA has dropped -1.85% or -44 points in today’s trading session so far. Traders did not seem confident while the stock has been in play. The periods high figure was 2348.5 dipping to 2318. The total volume traded so far comes to 1,656,726 whilst the daily average number of shares exchanged is just 6,757,763. The 52 week high price for the shares is 2755 some 383 points difference from the previous close and the 52 week low at 2168.5 making a difference of 203.5 points. Royal Dutch Shell Plc now has a 20 simple moving average of 2365.28 and also a 50 day simple moving average now of 2370.8. The current market cap is £219,154.87m at the time of this report. The currency for this stock is GBX. Market cap is measured in GBP. This article was written with the last trade for Royal Dutch Shell Plc being recorded at Tuesday, January 22, 2019 at 11:59:58 AM GMT with the stock price trading at 2328 GBX.

[tornado12] 23/1/2019 12:52

I’m long and strong on Shell. Will top up on weakness. The ratings always cause shares to fall quick on weakness, but on positives they just don’t cut the cloth. I don’t see any long term risk here.

[florenceorbis] 23/1/2019 11:13

Announcement date January 31, 2019
Ex-dividend date February 14, 2019
Record date February 15, 2019

[florenceorbis] 23/1/2019 11:12

good luck p0pper

[p0pper] 23/1/2019 11:05

Start of a more severe downtrend or just a good buying opportunity? I bought more at 2305 today.

[florenceorbis] 23/1/2019 10:20

Its seems that bp and shell have been marked down but TOTAL and ENi seem to be unscathed

perhaps its a sterling,usd, euro impact


anyways Shell will lead the way with its results at months end, the others will follow a week or 2, perhaps 3
later


EDIT I see that BP has improved fast

there seems to be an improvement afoot


PSWalders . Might be a good idea to include ENI in the end of day schedule SVP

[montyhedge] 23/1/2019 09:43

Pivotal point 2300p if broken 2265p I think quite quickly. Looks like even buybacks not helping price.I think a lot of stale bull positions unwinding.

[florenceorbis] 23/1/2019 09:27

Shale slowdown dents Halliburton worse than Schlumberger

Written by Bloomberg - 23/01/2019 6:00 am

Workers walk towards Halliburton Co. "sand castles" at an Anadarko Petroleum Corp. hydraulic fracturing (fracking) site north of Dacono, Colorado, U.S. Photographer: Jamie Schwaberow/Bloomberg
Sign up to our daily newsletter
Subscribe TodayPackages from £10 per monthPackages from £10 per month

The world’s biggest oilfield service companies are feeling the U.S. fracking slowdown as shale producers slash spending forecasts. But Halliburton Co. may be bearing the brunt of the pain while arch-rival Schlumberger Ltd. benefits from its bigger internationally footprint.

Halliburton on Tuesday saw its shares drop as much as 6.7 percent after forecasting a decline in first-quarter fracking earnings and announcing a cut in capital expenditure. The dip comes days after arch-rival Schlumberger surged the most in seven years after also announcing a similar spending cut.

Despite forecasting a modest recovery in actual fracking activity in the current quarter after a decline in the final three months of 2018, the pressure on pricing will remain, Halliburton Chief Executive Officer Jeff Miller said on a conference call with analysts and investors. The company’s completion and production segment, responsible for most of its revenue, will see margins drop by as much as 4 percentage points in the period compared with the fourth quarter, it said.

Both companies see single-digit growth in international activity in 2019. But Halliburton, which celebrates its centenary this year, is more exposed to the vagaries of domestic fracking. The company got 60 percent of its revenue from North America last year, according to data compiled by Bloomberg. Schlumberger, in contrast, had 37 percent of its sales from the region.

While explosive growth in the Permian Basin has helped drive fracking demand in the past couple of years, the slump in the oil price since October has cooled the outlook in the U.S. for services such as drilling and pumping. The number of working oil rigs in the U.S. fell last week by the most in almost three years, according to data from oilfield-services provider Baker Hughes.

Miller said that smaller companies will likely cut spending the most aggressively out of everyone if oil prices don’t recover. The industry’s biggest players will ramp up their North American operations, he said.

Many of the majors “recently shifted their investment priorities from offshore and deepwater to shorter-cycle North America shale plays,” Miller said. “That is good news for Halliburton.”

[florenceorbis] 23/1/2019 08:58

US futures point to a muted open, after Tuesday’s sharp losses
Published 10 min ago
Alexandra Gibbs
@alexgibbsy




Key Points

On the earnings front, a slew of companies are due to report, including Abbott Labs, Comcast, Procter & Gamble, Kimberly-Clark, Ford and F5 Networks.

[montyhedge] 23/1/2019 08:09

Holding well really, thought open 2275p.

[florenceorbis] 23/1/2019 07:46

Craig Bennett, the Friends of the Earth CEO, said: “Spiralling climate change is going to cost people and our economy huge sums of money, through the damage, disruption and instability it causes. So it’s astonishing that the UK government is still throwing taxpayers’ money at some of the world’s largest oil and gas companies. Ministers must switch funding to rapidly boost energy efficiency and renewables.”

[waldron] 23/1/2019 07:00

Warning Signs Flash For U.S. Shale
By Nick Cunningham - Jan 22, 2019, 6:00 PM CST
Join Our Community
shale snow

The shale tidal wave may finally be starting to ebb.

The largest oilfield services company in the world says that shale drilling activity is slowing, creating an uncertain outlook for 2019.

The recent volatility in oil prices has created “less visibility and more uncertainty” on spending by shale companies in 2019, Schlumberger’s CEO Paal Kibsgaard said on an earnings call on January 18. Shale drillers are “generally taking a more conservative approach to the start of the year, again delaying the broad based recovery in the E&P spend that we expected only three months ago,” he said.

Kibsgaard said that spending from the shale industry could be flat or down this year relative to 2018. That could translate into lower drilling activity, while E&Ps focus on drawing down the enormous backlog of drilled but uncompleted wells (DUCs). Companies working through DUCs could keep production aloft even as drilling slows, but output would likely fall relative to 2018, while decelerating further in 2020.

[sogoesit] 22/1/2019 21:27

US shale has become the "swing producer"; quick to increase production, quick to decrease production reacting to market signals.
OPEC not agile enough in this environment imv.

[sarkasm] 22/1/2019 20:46

Shell share price drops as Morgan Stanley trims rating on oil major

Analysts flag capex concerns

Tsveta Zikolova
by Tsveta Zikolova Tuesday, 22 Jan 2019, 13:54 GMT
Shell share price drops as Morgan Stanley trims rating on oil major

Shares in Royal Dutch Shell (LON:RDSA) have fallen into the red in London in today’s session as analysts at Morgan Stanley lowered their rating on the blue-chip oil major. Proactive Investors quoted the analysts as arguing that the Anglo-Dutch group’s planned share buybacks, dividends and debt reduction would not leave much room for capital expenditure to increase.

As of 13:07 GMT, Shell’s share price had given up 1.64 percent to 2,333.00p, underperforming the broader UK market, with the benchmark FTSE 100 index currently standing 0.43 percent lower at 6,940.31 points. The group’s shares have lost more than seven percent to their value over the past year, as compared with a near 10-percent drop in the Footsie.
Morgan Stanley trims stance on Shell

Morgan Stanley cut its rating on Shell from ‘equal weight’ to ‘underweight’ today. Proactive Investors quoted the analysts as saying that the oil major’s planned share buybacks, dividends and debt reduction would require $66 billion in cash to the end of 2020 and do not leave much room for the group’s capex to increase.

The broker further said that the FTSE 100 group’s capex-to-dividend ratio was already unusually low, being by far the lowest in the sector and at a 20-year low in the company’s history, adding that the risk that Shell was either over-distributing or under-investing was higher than for its peers.
Other analysts on Anglo-Dutch group

JPMorgan Chase & Co, which is ‘overweight217; on Shell, lowered its valuation on the shares from 2,800p to 2,700p on Friday. According to MarketBeat, the blue-chip group currently has a consensus ‘buy’ rating and an average price target of 2,919.67p.

Shell is scheduled to update investors on its fourth-quarter results on January 31.

As of 13:56 GMT, Tuesday, 22 January, Royal Dutch Shell Plc 'A' share price is 2,316.00p.

[pugugly] 22/1/2019 20:12

Worth a read in full



The International Energy Agency's executive director says the effect of U.S. shale on the world's energy industry will be felt for years to come.
"While the other two giants voluntarily cut output, the U.S. — already the biggest liquids supplier — will reinforce its leadership as the world's number one crude producer," the IEA said in its monthly report.

and this one -

[pugugly] 22/1/2019 20:01

Agreed about nice divi - and it is one of the safer (to protect capital long term - if you do not need cash in the short to mid term) stocks around - Unless they do a BP and have a gusher into the ocean.

[waldron] 22/1/2019 19:46

cheers pug same to ypu

allowed to say it up and til months end

still celebrating the new year until then

start fasting and going on the wagon the beginning of february

cannot help you with predictions, but i feel lower from here a buying opportunity

For me this is a long term play which pays a decent divi whilst you await that capital gain

i would say its best to wait for the 2018 financials and outlook at months end

depends entirely on your üropensity for risk

take care and cheers