Shell Share Discussion Threads

[sarkasm] 29/1/2019 15:38

montyhedge
29 Jan '19 - 14:24 - 4780 of 4780


0 0 0
If figures are good, I'm expecting excellent and oil price up tomorrow has well

MONTY I take it you mean thursday not tomorrow

[montyhedge] 29/1/2019 14:24

If figures are good, I'm expecting excellent and oil price up tomorrow has well, we have the golden ticket to the chocolate factory, 2310p plus, lol.

[la forge] 29/1/2019 14:15

31/01/19 | 15:00 Year 2018 Results presentation

[montyhedge] 29/1/2019 11:51

Figures tomorrow they will be superb, is my forecast, over 2310p.

[stewart64] 29/1/2019 11:49

In today at 22.50, part of my risk off Brexit switch. Sold SLA.

[fjgooner] 29/1/2019 11:13

It's nice to see a Motley Fool article that is positive on Shell - as of course they should be.

Naturally, that was offset by Motley Fool's serial Shell critic Royston Wild hiding his repeat bulletin belittling Shell yesterday under the title "Fevertree Drinks or Royal Dutch Shell: which dividend stock should I buy today?"

Guess which one that fool chose? Yep, he chose Fevertree Drinks despite it being on a massive forward P/E ratio of 44.9 times and a dividend yield of 0.6%. What a complete Muppet.

And that fool is still yapping about the dividend being in danger. As he has done for every one of the last several years, many times per year. Ludicrous.

Why does Motley Fool allow long-term campaigns like his to be conducted under its banner?

[la forge] 29/1/2019 11:07

29 Jan 2019 | 10:23 UTC Singapore

Analysis: Venezuela sanctions may ripple through Asian crude markets

Author Sambit Mohanty Philip Vahn Oceana Zhou Eric Yep Editor Jonathan Fox Commodity Oil

Highlights

India private refiners Reliance, Nayara may buy more Venezuelan barrels

Discounted Venezuelan crude to attract Chinese independents

Middle East heavy crude differentials in Asia likely to be affected

Singapore — US sanctions on Venezuela's state-owned PDVSA are expected to affect crude markets in Asia as the South American country could be forced to redirect nearly half of its exports away from the US, its single largest customer.

[florenceorbis] 29/1/2019 10:52

WOULD YOU BELIEVE IT

MOTLEY FOOL


Royal Dutch Shell is a FTSE 100 stock I would buy today

Manika Premsingh | Tuesday, 29th January, 2019 | More on: RDSB
Image source: Getty Images.

Oil and gas firms are some of the biggest businesses in the world and the biggest dividend-payers, which makes them a naturally tempting consideration for the long-term investor. But there is a fundamental change under way in the sector, which will determine how far into the future the traditional energy companies can survive, and thrive.

This change is the shift towards renewable sources, which are becoming more competitive in fulfilling the world’s energy needs. The winners over time, will likely be companies that successfully transition to becoming clean energy providers.

To this extent, it is worth examining how far Royal Dutch Shell (LSE: RDSB) can pull off the long game. My analysis confirms that it is making progress in its clean energy foray, only adding to its credentials as a strong and stable company.
Preparing for the future

The company’s energy transition strategy clearly says that it aims to “grow our business in areas that will be essential in the energy transition, and where we see growth in demand over the next decade. We expect these will include natural gas, chemicals, electricity, renewable power, and new fuels such as biofuels and hydrogen.”

I like the fact that Shell is putting its money where its mouth is. The company started its ‘new businesses’ in 2016 towards this end. It now has multiple interests around the world in a range of clean energy companies. While it remains to be seen how this aspect of business will develop over time, so far so good.
Cost-conscious

I also like the fact that Shell has underlined the need to lower costs in order to “profitably produce the oil and gas that the world will need for decades to come, even if prices remain low for a long time.” This is particularly significant as long-term predictions for crude oil prices don’t indicate any windfall-delivering spikes going forward. According to the World Bank, crude oil prices will hover around $70 per barrel up to 2030.

I like that costs haven’t risen out of line with revenue growth in recent years, which confirms that Shell does have a keen eye on costs.
Trading at a discount

From a shorter-term perspective, the company’s results were respectable in the latest quarter. But net earnings did fall slightly, the most likely trigger for a fall in the share price. It dipped to sub-2,500p levels on release day and has remained there ever since. Other short-term concerns, as pointed out by the Motley Fool a few days ago, might also be weighing heavily on investors’ minds. As a result, the share is trading at a discount compared to its peers, with a price-to-earnings ratio of 8.9x compared to 11.8x for BP. But I feel that for the long-term investor, this is a buying opportunity, not a warning sign, as the company remains structurally sound, despite the short-term fluctuations.

[montyhedge] 29/1/2019 10:48

Over 2300p tomorrow, feeling figures are superb.

[p0pper] 29/1/2019 09:58

Shell share price acting as if results are going to be poor :(

[montyhedge] 29/1/2019 08:56

OPEC will cut production in Feb, my guess, Venezuela is a member of OPEC now they have sanctions against Venezuela, oil price 70 dollars on its way.

[waldron] 29/1/2019 08:33

Bloomberg: Saudis pledge deeper oil cuts in February under OPEC+ deal 09:23, 29 January 2019 Economy 15 0 The Organization of Petroleum Exporting Countries and allies including Russia, a coalition known as OPEC+, agreed to pare production starting this month in an effort to buttress sagging oil prices. Photo from flickr.com Photo from flickr.com Saudi Arabia expects to reduce oil output once again in February and pump for six months at levels "well below" the production limit it accepted under OPEC's oil-cuts accord, Energy Minister Khalid Al-Falih said. The world's biggest exporter targeted production of 10.2 million barrels a day in January and is aiming to pump about 10.1 million in February, he said, Bloomberg reported. Read alsoUkrnafta boosts oil output by 5% in 2018 Saudi Arabia's voluntary limit under the December cuts deal with Russia and other producers was 10.33 million barrels a day. "Saudi Arabia will be well below the voluntary cap that we agreed to" and will pump beneath its ceiling "for the full six months" of the December cuts accord, he said in a Bloomberg Television interview in Riyadh. The Organization of Petroleum Exporting Countries and allies including Russia, a coalition known as OPEC+, agreed to pare production starting this month in an effort to buttress sagging oil prices. Crude futures have gained this year as Saudi Arabia leads the way in curbing output amid a surge in U.S. shale-oil supplies. Benchmark Brent crude was trading 42 cents higher at $60.35 a barrel at 10:37 a.m. in Dubai. "Demand will start picking up at the end of the first quarter and into the second quarter," Al-Falih said. The impact of OPEC+ output reductions "will trickle down into the global markets over the next few weeks."

Read more on UNIAN:

[contango1] 29/1/2019 08:31

Sanctions mean that Venezuela has to sell at lower prices to sanction breakers thus tending to reduce the price of oil!

[waldron] 29/1/2019 08:31

Gold Price Rise Stalls as Market Risk Appetite Unravels
Jan 29, 2019 6:30 am +01:00
Ilya Spivak

by Ilya Spivak , Sr. Currency Strategist
GOLD & CRUDE OIL TALKING POINTS:

Gold prices stall at chart resistance as US Dollar gains in risk-off trade
Crude oil prices down alongside stocks as sentiment cools market-wide
S&P 500 futures suggest risk aversion still the path of least resistance

Gold prices struggled for direction as renewed risk aversion offered conflicting cues, with a supportive decline in yields offset by haven-seeking flows’ support for the US Dollar (as expected). Sentiment-sensitive crude oil prices offered a more straight-forward response, falling in lockstep with stocks.
GOLD RALLY STALLS, CRUDE OIL MAY FALL FURTHER IN RISK-OFF TRADE

Looking ahead, a meaningful downswing in bellwether S&P 500 futures in Asia Pacific trading hours hints the risk-off mood has scope to continue. That suggests yesterday’s moves may find follow-through, with oil under pressure while gold treads water.

API inventory flow statistics headline the data docket. The outcome will be measured against expectations predicting a 2.7-million-barrel build to be reported in official EIA figures due Wednesday. A larger rise may amplify sentiment-driven selling pressure on oil prices, while a smaller one helps mitigate it.

[waldron] 29/1/2019 08:14

WTI - 29/01 08:58:35
52.03 USD -0.02%


Brent Crude Oil NYMEX 59.80 -0.02%
Gasoline NYMEX 1.35 -0.45%
Natural Gas NYMEX 2.88 +0.17%

[montyhedge] 29/1/2019 08:07

Sanctions on Venezuela surely will push up the oil price.

[steve73] 29/1/2019 03:10

A few years ago Venezuela was producing 2.5-3.5 million bpd.

Shows what inattention, and lack of investment & maintenance does to the oil production system.

[montyhedge] 29/1/2019 00:03

Thought Venezuela produced 900,000 bpd. May be wrong.

[maywillow] 28/1/2019 22:14

remember rhodesia etc etc ,and how the majors got round the embargo

[fjgooner] 28/1/2019 21:52

Does anyone give any credibility to these so called "sanctions" anymore?. The crude market seems not to as it hardly reacted.

I'll bet that the physical movement of oil products is barely affected at all - as per the other "sanctions" on Iran.

A waiver with that ice cream anyone?

[sogoesit] 28/1/2019 21:41

Doubt if Venezuela's production affects markets anymore.
If international figures are to be believed production is down by about 70% since 2008. Probably less than 1mmbopd now from over 3mmbopd in 2008.

And PDVSA is now run by the military so who knows where what production is left goes.
Probably won't be any production to speak of in a few years time.

US is acting as a swing producer these days, in a face-off with Saudi. See that drilling is ramping up again at $45+/bbl WTI (the overall break-even).

[montyhedge] 28/1/2019 21:02

Must admit never thought the US would put sanctions on PDSVA. I would have thought oil price would rise on uncertainty.

[maywillow] 28/1/2019 20:46

Treasury announces sanctions against Venezuela state-owned oil firm PDVSA
Published 23 min ago | Updated 8 min ago
Tom DiChristopher
@tdichristopher




Premium: Nicolas Maduro, president of Venezuela, speaks during a swearing in ceremony for the new board of directors of Petroleos de Venezuela SA (PDVSA), Venezuela's state oil company, in Caracas, Venezuela
Nicolas Maduro, president of Venezuela, speaks during a swearing in ceremony for the new board of directors of Petroleos de Venezuela SA (PDVSA), Venezuela’s state oil company, in Caracas, Venezuela, on Tuesday, Jan. 31, 2017.
Carlos Becerra | Bloomberg | Getty Images

The Trump administration will sanction Venezuela’s state-owned oil firm, Petroleos de Venezuela, a move the White House has long put off for fear that it would raise oil prices and hurt American refiners.

Confirmation of the administration’s intent to sanction the company, better known as PDVSA, came from Sen. Marco Rubio after Axios earlier reported the impending actions.

“The Maduro crime family has used PDVSA to buy and keep the support of many military leaders,” Rubio said in a statement. “The oil belongs to the Venezuelan people, and therefore the money PDVSA earns from its export will now be returned to the people through their legitimate constitutional government.”

The move comes after a turbulent week for Venezuela that has created a standoff over the country’s leadership.

Last week, the opposition leader of Venezuela’s National Assembly, Juan Guaido, named himself interim president amid street protests. President Donald Trump soon recognized Guaido as the nation’s leader and his administration has been marshaling international support for the opposition figure since then.

However, socialist dictator Nicolas Maduro, having recently started another term following disputed elections, is refusing to back down. He is backed by the country’s minister of defense and Russia.

This is a breaking news story. Please check back for updates.

[montyhedge] 28/1/2019 20:43

I would imagine Shell up in the morning.