Shell Share Discussion Threads

[waldron] 02/4/2019 07:42

European markets seen slightly higher amid upbeat data; Brexit chaos rumbles on
Published 41 min ago | Updated 23 min ago
Sam Meredith
@smeredith19




Key Points

The FTSE 100 is seen 12 points higher at 7,329, the CAC is expected to open up around 2 points at 5,407, while the DAX is poised to start 10 points higher at 11,691, according to IG.
British lawmakers came no nearer to resolving the chaos surrounding the country’s departure from the European Union.
If nothing is passed in the House of Commons over the coming days, the world’s fifth-largest economy is set to leave the bloc without a deal on April 12.

[vesna09] 02/4/2019 07:32

oil prices have climbed to fresh 2019 highs this morning.

Brent crude oil futures currently stands at $69.22 a barrel.

[waldron] 01/4/2019 17:42

FTSE 100
7,317.38 +0.52%
Dow Jones
26,161.08 +0.90%
CAC 40
5,405.53 +1.03%

Brent Crude Oil NYMEX 68.59 +1.49%
Gasoline NYMEX 1.89 +0.35%
Natural Gas NYMEX 2.72 +2.10%

(WTI) - 01/04 18:16:35
61.06 USD +1.18%


Eni
15.83 +0.48%


Total
50 +0.97%

Engie
13.315 +0.26%

Orange
14.585 +0.59%

BP
559.2 +0.13%


Shell A
2,416 +0.10%


Shell B
2,432.5 +0.19%

[maywillow] 01/4/2019 08:53

European markets jump on strong China data;

[waldron] 01/4/2019 07:28

European markets seen higher amid strong Chinese data; Brexit and data in focus
Published 24 min ago
Silvia Amaro
@Silvia_Amaro




Key Points

In Asia, stocks moved higher following fresh data. Manufacturing activity in China rose in March after three months of decline, suggesting a rebound in economic activity.
Media reports suggest that Prime Minister May could put her withdrawal agreement to a fourth vote on Tuesday.

European stocks are poised to open higher Monday morning, as investors in Europe wake up to stronger-than-expected Chinese data.

The FTSE 100 is seen higher by 28 points at 7,307; the DAX 30 is set to start higher by 99 points at 11,625; and the CAC 40 is expected to open higher by 43 points at 5,393; according to IG.

[the grumpy old men] 31/3/2019 11:01

Shell in an emailed statement to CNN last year said the report failed to acknowledge the complex environment in which the company operates in the region. “Shell Petroleum Development Company of Nigeria, in collaboration with government regulators, responds to spill incidents as quickly as it can and cleans up spills from its facilities regardless of the cause. We regularly test our emergency spill response procedures and capability to ensure staff and contractors can respond rapidly to an incident,” Shell said at the time. The response time to an oil spill depends on the security situation and the company’s ability to access affected areas in the swampy region, the company said.

Read more at:

[the grumpy old men] 31/3/2019 08:49

The Observer: Donald Trump exceeded his authority when he reversed bans on offshore drilling in vast parts of the Arctic ocean and dozens of canyons in the Atlantic, a judge said in a ruling that restored the Obama-era restrictions.

[buywell2] 31/3/2019 08:25

Dark sarkasm

When you get back in the kitchen , mines two eggs fried with chips and beans ta

Leave the kids alone .... they are fat enough already

[tornado12] 31/3/2019 07:15

I like the way Ben is steering this company in last 3 yrs. Biggest player in cleanest fuel available in gas, developing clean energy portfolio and verticle integration also into electricity. The next 3 yrs are more than exciting and see Shell at the forefront of change. My ISA top up will soon arrive folks and with 100% divi reinvested it will be a great nest egg in 10yrs. Is 60% of my portfolio but feel no risk in RDSB ..

[sarkasm] 30/3/2019 22:23

Royal Dutch Shell leading charge back to Gulf of Mexico nine years after region was hit by BP's Deepwater Horizon oil spill

By Simon Neville, Financial Mail On Sunday

Published: 21:52 GMT, 30 March 2019 | Updated: 21:52 GMT, 30 March 2019



Royal Dutch Shell is leading the charge back to the Gulf of Mexico nine years after the region was hit by BP's Deepwater Horizon oil spill.

The Anglo-Dutch business splashed out $84.8 million (£64.7 million) on 87 drilling sites at an auction this month, having made just three bids at the previous auction in August last year.

Shell bosses have placed significant focus on the area in the past six months. At its results in January, the firm revealed production in the area had increased 50 per cent in two years to a peak of 40,000 barrels of oil a day.
Bold move: Shell bosses have placed significant focus on the Gulf of Mexico in the past six months
+1

Bold move: Shell bosses have placed significant focus on the Gulf of Mexico in the past six months

Improved technology means it now costs Shell less than $10 per barrel to extract the crude oil from its deepwater operations, and it is of higher quality than oil produced onshore.

In total, the latest auction generated $244 million (£184 million) of bids across the 1.26 million acres.

The biggest bid for a single block was by Norway's Equinor at $24.5 million. The sums beat the $178 million in August's auction and the $125 million last March.

Oil prices have risen steadily over the past few years and the cost of extracting oil offshore in the Gulf of Mexico has fallen by around 50 per cent in the past five, according to consultancy Wood Mackenzie.

[grupo guitarlumber] 30/3/2019 14:12

Shell share price: Analysts say group could ramp up acquisitions

Anglo-Dutch oil major looks to become world’s biggest power company

Tsveta Zikolova
by Tsveta Zikolova Friday, 29 Mar 2019, 14:12 GMT
Shell share price: Analysts say group could ramp up acquisitions

Royal Dutch Shell (LON:RDSA) could increase acquisitions of electricity producers as it looks to become the world’s biggest power company by the 2030s, Bloomberg has reported, quoting analysts. The news comes after the Anglo-Dutch oil major rebranded UK household energy and broadband provider First Utility this week.

Shell’s share price has climbed higher in London in today’s session, having gained 0.98 percent to 2,414.00p as of 13:37 GMT. The stock is outperforming the broader UK market, with the benchmark FTSE 100 index currently standing 0.54 percent higher at 7,273.10 points. The group’s shares have added just under eight percent of their value over the past year, as compared with about a three-percent rise in the Footsie.
Shell could ramp up M&S

Bloomberg reported today that analysts at Sanford C Bernstein had said that Shell could ramp up acquisitions of electricity producers to achieve its target of becoming the world’s biggest power company by the 2030s.

The broker’s analysis shows that to become the biggest low-carbon electricity provider, the company must produce 214 terawatt-hours of clean power every year by 2035. Bernstein says that Shell could achieve that through organic growth, ultimately managing 61 gigawatts of power capacity. The newswire, however, noted that the company will probably want to move even faster and expand acquisitions of electricity producers, a strategy which has already divided investors.

“Shell want electricity to be the fourth pillar of their business, alongside oil, gas and chemicals,” analysts including Oswald Clint commented in a report, as quoted by Bloomberg. “In much the same way they dominate the value chain in oil and gas, they want to do the same in electricity.”
Analyst ratings update

According to MarketBeat, the blue-chip group currently boasts a consensus ‘buy’ rating and an average price target of 2,992.69p.

Shell is scheduled to update investors on its first-quarter performance on May 2.

As of 14:14 GMT, Friday, 29 March, Royal Dutch Shell Plc 'A' share price is 2,414.00p.

[grupo guitarlumber] 30/3/2019 12:38

cheers and enjoy your weekend

my view is that the rig count is now a weakening indicator these days for determining the impact on the oil majors share price and oil pricing,certainly for our favourite european companies


Long term as you mention it seems to be a factor

Analysts at Simmons & Co, energy specialists at U.S. investment bank Piper Jaffray, this week forecast the average combined oil and gas rig count will fall from 1,032 in 2018 to 999 in 2019 before rising to 1,087 in 2020. That forecast was unchanged from the previous week.

(Reporting by Scott DiSavino and Laila Kearney in New York; Editing by Marguerita Choy)

i guess less rigs mean possibley less supply anf thence higher oil prices





edit which harbour