Shell Share Discussion Threads

[fjgooner] 30/3/2019 12:34

Definitely not in the short term, no. I see it more of a lagging indicator on future production levels.

Even this though is changing with the technological advances made in the shale patch. One rig is certainly not always of equal value to another.

Just look at what Shell is doing here with well pads -

However, even in this perspective, a drop from 862 at the end of January to 816 is reasonably meaningful suggesting slightly lowering levels of production in the near- to mid-term and therefore mildly supportive of stronger WTI pricing.

Just my take on it though - happy to discuss & debate further next week.

I've got a sunny harbour-side drink waiting for me - have a great weekend.

FJ :)

[grupo guitarlumber] 30/3/2019 11:41

fjg

do you find a substantial worthwhile correlation with the bk rig count and the share price of THE OIL MAJORS and the various oil prices

[fjgooner] 30/3/2019 11:35

U.S. Baker Hughes Oil Rig Count still falling.

Release Date -- Actual -- Previous

Mar 29, 2019 816 824
Mar 22, 2019 824 833
Mar 15, 2019 833 834
Mar 08, 2019 834 843
Mar 01, 2019 843 853
Feb 22, 2019 853 857
Feb 15, 2019 857 854
Feb 08, 2019 854 847
Feb 01, 2019 847 862
Jan 25, 2019 862 825

[waldron] 29/3/2019 17:37

31 Dec '18 - 13:36 - 1433 of 1453 Edit
0 4 0
RDSB WISHFUL THINKING PERHAPS FOR THE LONG LONG TERM


waldron
16 Aug '18 - 14:34 - 3451 of 3480 Edit
0 4 0
Should be fun to chalk it up BOX BY BOX


2175 to 2275p

2275 to 2375p
2375 to 2475p$$$$$$$$$$WE ARE HERE TODAY$$$$$$$$$$$$$$$$$$$
2475 to 2575p
2575 to 2675p
2675 to 2775p
2775 to 2875p$$$$$$$$$$WE WERE HERE $$$$$$$$$$$$$$$$$$$
2875 to 2975p
2975 to 3075p xmas 2019
3075
3175
3275
3375 to 3475p xmas 2020

A SLOW snail like CRAWL TO FJGOOONERS DREAM TARGET PRICE OF 3400p which may well be changed if convincingly surpassed before CHRISTMAS 2020


31st december 2018 WE HAD HOPED TO END THE YEAR IN THE 2675 to 2775p BOX
but alas we have to accept putting up with 2340p in the 2275 to 2375p BOX

FEBRUARY MONTH END GIVES US 2273p and thus we find ourselves again for awhile in the 2275 to 2375p BOX

MARCH ENDETH AT 2428p snug in the 2375 to 2475p BOX

[waldron] 29/3/2019 17:10

FTSE 100
7,279.19 +0.62%
Dow Jones
25,871.37 +0.60%
CAC 40
5,350.53 +1.02%

Brent Crude Oil NYMEX 67.45 +0.52%
Gasoline NYMEX 1.87 +0.54%
Natural Gas NYMEX 2.68 -1.07%

(WTI) - 29/03 17:44:43
59.96 USD +0.77%

Eni
15.754 +1.77%



Total
49.52 +0.46%

Engie
13.28 +0.30%

Orange
14.5 +0.97%



BP
558.5 +1.43%


Shell A
2,413.5 +0.96%


Shell B
2,428 +1.21%

[waldron] 29/3/2019 16:07

BP, Shell both claim number one investor-returns spot
By Kelly Gilblom on 3/29/2019

WASHINGTON (Bloomberg) -- "This ones on top, then that ones on top and on and on it spins crushing those on the ground," said Daenerys Targaryen from the hit television drama Game of Thrones. In the cutthroat game of global capitalism, there can be only one winner. Unless you’re an oil company.

Both BP Plc and Royal Dutch Shell Plc are claiming the top spot for investor returns within their peer group from 2016 to 2018. That’s an important metric -- taking first place was a significant element in the doubling of Shell CEO Ben van Beurden’s pay last year.

Confusingly, both companies are telling the truth.

The two oil majors rated their performance against France’s Total SA and U.S. rivals Exxon Mobil Corp. and Chevron Corp. from 2016 to 2018. Yet their annual reports used different methodologies to determine total shareholder return. While both look at how much shares increased in value, assuming dividends are re-invested, they use different time scales to measure that change.

BP takes the average share price for the last three months of each year and compares it. Shell does effectively the same thing, but the three-month period it uses straddles the end of the year and beginning of the following year.

Both companies say their methodologies have existed for years, suggesting they aren’t just implemented because they yield convenient results.

Fortunately, it’s not too crowded at the top. Exxon acknowledged it’s not leading on this measure over a 10-year period, while Total didn’t mention it. Chevron has yet to release its 2018 annual report.

[maywillow] 29/3/2019 13:47

Shell working to become world’s top electricity producer
By Kelly Gilblom on 3/29/2019

LONDON (Bloomberg) -- Royal Dutch Shell could ramp up acquisitions of electricity producers to achieve its target of becoming the world’s biggest power company by the 2030s, according to analysis by Sanford C. Bernstein Ltd.

To become the biggest low-carbon electricity provider, the company must produce 214 terawatt-hours of clean power every year by 2035, the analysis shows. That’s 11% more than Egypt, a country of nearly 100 million people, generated last year, according to data from BP.

Shell could achieve that through organic growth, ultimately managing 61 gigawatts of power capacity, said Bernstein. However, it will probably want to move even faster and expand acquisitions of electricity producers, a strategy that has already divided investors.

“Shell wants electricity to be the fourth pillar of their business, alongside oil, gas and chemicals,” analysts including Oswald Clint said in the report. “In much the same way they dominate the value chain in oil and gas, they want to do the same in electricity.”

The Anglo-Dutch major made an aggressive move into the UK retail power market this month by offering one of the cheapest tariffs available and supplying its 700,000 customers with power entirely from renewable energy.

Cutting Carbon

A key challenge to the company’s plan to become the world’s biggest power company is the fact that Shell has pledged to cut its carbon footprint in half by 2050. This means most of the capacity it adds to its portfolio must come from wind and solar power.

Today, Shell manages 10 gigawatts of electricity in the U.S. and only a third of that comes from renewables. To reach the 61-gigawatt target, calculated by Bernstein, the company needs to add 3 gigawatts of clean capacity each year.

That’s affordable within Shell’s current “new energies” budget of $1 billion to $2 billion a year, Bernstein said. However, the company will probably want its clean-power capacity to grow faster than that, Clint said by phone.

In terms of generation, the company will still fall short of Europe’s biggest clean energy supplier, Electricite de France SA, which controls 93 gigawatts of nuclear and hydro power capacity. Clint said that’s not directly comparable, because Shell is trying to generate most of its electricity from renewable energy.

Yet other big power producers that generate electricity from renewables, such as Enel SpA and Iberdrola SA, are also adding around 3 gigawatts a year, he said.

“That means we should absolutely expect Shell to also grow inorganically to the potential No #1 spot,” said the note. “Investors remain divided on this diversifying capital allocation.”

Shell didn’t immediately comment.

[waldron] 29/3/2019 07:32

Royal Dutch Shell to expand upstream presence in China

By Zheng Xin | China Daily | Updated: 2019-03-29 09:35
A logo of Royal Dutch Shell. [Photo/IC]

With the living standards rising and new sectors of the economy opening up in China, oil giant Royal Dutch Shell aims to expand its presence in the country in both upstream and petrochemical manufacturing sectors.

"While we have a quite profitable business in China, it's yet small in relation to the size of the country, and China can play a bigger role in our ambition to be a world-class investment case," said Ben van Beurden, CEO of Royal Dutch Shell PLC, during an interview with China Daily.

"Shell, as an importer of gas, as well as a very strong domestic producer of gas, will continue to work with the country's State-owned enterprises to understand how we can participate in other projects, either directly through investment or technical services, to help domestic players develop domestic resources."

The company aims to expand the capacity of natural gas in the Changbei project in Shaanxi province to better support the country's growing energy needs, in cooperation with China National Petroleum Corp.

The annual gas production from the Changbei project equals to 20 percent of Beijing's gas demand, according to Van Beurden.

"China is already our largest customer when it comes to natural gas, and with the economy taking greater strides and tremendous growth seen in petrochemicals, Shell will continue having a strong focus on investing in petrochemical manufacturing inside the country," he said.

Van Beurden said the country's business environment for foreign companies has improved over the past few years, and the government has been very true to its word when it talks about the new era of opening up and attracting foreign direct investment.

[waldron] 29/3/2019 07:24

European stocks set to climb on US-China trade optimism
Published an hour ago
Ryan Browne
@Ryan_Browne_




Key Points

Market players turned their focus to trade negotiations between Washington and Beijing on Friday.
A parliamentary deadlock over U.K. Prime Minister Theresa May’s Brexit deal rumbled on.

European shares are set to start Friday’s session in positive territory, with investors hopeful of progress in U.S.-China trade talks.

[waldron] 28/3/2019 18:36

FTSE 100
7,234.33 +0.56%
Dow Jones
25,685.88 +0.24%
CAC 40
5,296.54 -0.09%


Brent Crude Oil NYMEX 67.09 -0.22%
Gasoline NYMEX 1.87 -0.35%
Natural Gas NYMEX 2.72 -0.11%


(WTI) - 28/03 19:11:20
59.23 USD -0.15%



Eni
15.48 -0.71%


Total
49.295 -0.13%

Engie
13.24 -0.41%

Orange
14.36 -0.28%


BP
550.6 +0.88%


Shell A
2,390.5 +0.67%


Shell B
2,399 +0.63%

[montyhedge] 28/3/2019 14:12

Yes, passing through, Dubai, loads of Russians, it's Moscow on Sea. But trading from a beach it's nice, rather say in your council house.

[fjgooner] 28/3/2019 12:55

Not only is Shell great company with a nice dividend, it is also seeing strong growth.

Note that all of the forecasts for Integrated Gas, Upstream and Downstream (CCS basis) are clearly showing strong growth.

See this week's latest update on Royal Dutch Shell plc analysts' consensus estimates.
Last update was on 25/03/2019.



Please note in the analysts' consensus estimates above, the dramatic 51% improvement in EPS - in part operationally driven, in part buyback driven as seen in the consensus estimate of reduction in weighted average number of shares from 8097M in 2019 to 7163M in 2022.

CCS earnings per share excluding identified items - Consensus FY2019E - 2.65, FY2020E - 3.07, FY2021E - 3.28, FY2022E - 4.00

[montyhedge] 28/3/2019 12:40

Shell great company with a nice dividend, that's it, ex growth, will become a utility company with a decent yield.

[fjgooner] 28/3/2019 11:56

Does this indicate a seriously deluded Walter Mitty type? Or maybe just he's not a Geography Major? :)

montyhedge RDSB
27 Mar '19

"We are off to New York, fIrst class return London, thanks to my BA American Express card, 148,000 Avios plus companion voucher."


montyhedge IAG
28 Mar '19

"You may think post a lot, that’s because on the beach trading in Dubai at the moment."

[10acious] 28/3/2019 11:13

Not much luck required if you are long on Shell.......

[montyhedge] 28/3/2019 10:12

No. 1 trader most followers on Advfn. My trades when I deal 50,000 to 250,00 pounds. Who give a dam what you think. It's a Bullentin board for bulls and bears, not just for idiots like you and Spud long only.You may think post a lot, that's because on the beach trading in Dubai at the moment. Good luck losers.