Shell Share Discussion Threads

[rogash] 02/5/2019 09:37

Can somebody explain to me that when the oil price is up almost 50% for the first quarter and exchange rate in their favour that they can say they have suffered from lower oil prices??? sorry for being so thick.

[the grumpy old men] 02/5/2019 08:54

Shell Announces the Next Tranche of the Share Buyback Programme

News provided by
Royal Dutch Shell plc

May 02, 2019, 02:32 ET

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THE HAGUE, Netherlands, May 2, 2019 /PRNewswire/ -- Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) (the 'company') today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018. In the next tranche, the company has entered into an irrevocable, non-discretionary arrangement with a broker to enable the purchase of A ordinary shares and/or B ordinary shares for a period up to and including July 29, 2019. The aggregate maximum consideration for the purchase of A ordinary shares and/or B ordinary shares under the next tranche is $2.75 billion. The company's intention is to buy back at least $25 billion of its shares by the end of 2020, subject to further progress with debt reduction and oil price conditions.

On April 29, 2019 the company completed the previous tranche of its share buyback programme. In aggregate between July 26, 2018 and April 29, 2019, the company repurchased 215,743,543 A ordinary shares for an aggregate consideration of $6.75 billion (the 'aggregate previous tranches').

[the grumpy old men] 02/5/2019 08:49

Shell B
2,463 +1.40%

[the grumpy old men] 02/5/2019 08:48

Alliance News

TOP NEWS: Shell Quarterly Earnings Drop On Lower Prices And Production
Thu, 2nd May 2019 08:49


LONDON (Alliance News) - Oil major Royal Dutch Shell PLC on Thursday reported a drop in first quarter earnings due to lower oil prices and production in most of its segments.

Shell also launched the next tranche of its share buyback programme, with the maximum consideration to be USD2.75 billion for the period up to July 29. The maximum amount of shares that can be bought back by Shell is 618.3 million.

For the three months to the end of March, current cost of supply earnings, excluding items, declined by 2% year-on-year to USD5.43 billion from GBP5.52 billion. CCS earnings attributable to shareholders, excluding items, also fell by 2% to USD5.30 billion, while including items it dropped by 7% to USD5.29 billion.

The identified items mainly include impairments, changes in the fair value of commodity derivatives and tax credits.

Total first quarter production available for sale decreased by 2% to 3.75 million barrels from 3.83 million the year before, and from 3.79 million in the final quarter of 2018.

Revenue for the period fell to USD83.74 billion from USD89.23 billion the prior year, however, pretax profit increased to USD9.40 billion from USD6.03 billion.

Shell will pay a first quarter dividend of 47 US cents per share, in line with the year before.

Integrated Gas saw earnings, excluding items, rising by 5% to USD2.57 billion from USD2.44 billion the year before. However, production fell by 12% to 851 barrels of oil equivalent per day from 972 barrels.

Looking ahead, Shell expects second quarter Integrated Gas production to decrease by 10,000 to 50,000 barrels of oil equivalent per day compared to the year before, due to divestment and the transfer of the Slaym asset to the Upstream segment.

Upstream first quarter earnings rose 11% to USD1.73 billion from USD1.55 billion the prior year, as production available for sale edged up by 1% to 2.90 million barrels per day from 2.86 million.

Upstream production for the second quarter has been guided to increase by 150,000 to 200,000 barrels of oil equivalent per day year-on-year.

Shell's Downstream business earnings excluding items rose by 3% to USD1.82 billion from USD1.77 billion. However, oil sales volumes fell by 5% to 6.46 million barrels a day and Chemicals sales volumes by 8% to 4.13 million barrels.

For the second quarter, oil sales volumes are expected to decrease by 40,000 to 70,000 barrels from the year before, due to Shell's divestment in Argentina.

"Shell has made a strong start to 2019, with the first quarter financial performance demonstrating the strength of our strategy and the quality of our portfolio of assets. The power of our brand, serving millions of customers every day, continues to be a differentiator. Our integrated value chain enabled our Downstream business to deliver robust results despite challenging market conditions," said Chief Executive Officer Ben van Beurden.

By Dayo Laniyan; [e-mail]

[the grumpy old men] 02/5/2019 08:04

RBC Capital Markets Sector Performer 2,750.00

[montyhedge] 02/5/2019 08:04

Good shareprice reaction seeing profits dropped.

[fjgooner] 02/5/2019 07:59

Great results. However this dopey market reacts to these numbers, these results should give us all confidence for the year ahead and into 2020.

Very happy.

[waldron] 02/5/2019 07:36

PROACTIVEINVESTORS


Shell boss Ben van Beurden boasts of “strong start” to 2019
07:18 02 May 2019
“The consistent financial performance across all our businesses provides confidence in meeting our 2020 outlook," van Beurden said.
shell
Shell now kicks off the next leg of its share buy-backs

Royal Dutch Shell plc (LON:RDSB) boss Ben van Beurden boasted of a “strong start” to the year despite challenging conditions as the oil supermajor reported a 2% increase in income attributable to shareholders, at US$6bn from US$5.89bn a year ago.

CCS earnings – the most commonly looked at measure of Shell’s profitability – meanwhile showed a 7% decline at US$5.29bn for the first quarter amid lower chemical prices, refining margins, cheaper oil, and reduced tax credits, though the company also noted better trading profits, along with higher LNG and gas pricing.
READ: BP may sell stake in North Sea field to Shell

Cashflow amounted to US$8.6bn, and, some US$3.9bn was paid out to shareholders as dividends during the quarter. Shell also today launches the next tranche of its share buy-back programme, with the intention to purchase some US$2.75bn of shares in the market between now and the end of July.

“Shell has made a strong start to 2019, with the first quarter financial performance demonstrating the strength of our strategy and the quality of our portfolio of assets,” van Beurden said in the quarterly results statement.

He added: “Our integrated value chain enabled our downstream business to deliver robust results despite challenging market conditions.

“The consistent financial performance across all our businesses provides confidence in meeting our 2020 outlook.”

[the white house] 02/5/2019 07:15

Exxon 1st Q down by 49 per cent compared to 2018 to 2,350 bnShell up by 2 per cent to 6 bn

[waldron] 02/5/2019 07:09

Credit Suisse says global trends will boost these sectors
Published an hour ago
Weizhen Tan
@weizent
Key Points

Geopolitical and terrorism risks are set to drive more spending in sectors such as defense and cyber security, according to Credit Suisse.
One key investment focus of millennials — a group that is “increasingly influencing” businesses — is clean energy, and the bank recommends electricity companies that have already started changing their business models to become renewable energy operators.

The bank is also bullish on transport infrastructure and 5G operators.

[tornado12] 01/5/2019 21:23

Will be interesting to see how the share price reacts to the results tomorrow. But would think it’s my birthday early if I can get some more < £22. Ready & waiting ..

[waldron] 01/5/2019 17:09

FTSE 100
7,385.26 -0.44%
Dow Jones
26,682.33 +0.34%
CAC 40
5,586.41 +0.0% CLOSED FOR MAY 1st

Brent Crude Oil NYMEX 71.74 -0.44%
Gasoline NYMEX 2.05 -0.58%
Natural Gas NYMEX 2.62 +1.79%

(WTI) - 01/05 17:46:47
63.14 USD -0.60%

Eni
15.218 +0.0%


Total
49.545 +0.0%

Engie
13.205 +0.0%

Orange
13.965 -0.0%

BP
552 -1.25%


Shell A
2,413.5 -1.49%


Shell B
2,429 -1.44%

[maywillow] 01/5/2019 15:40

Trump could deal the oil market a major wildcard this week, says BP CEO Bob Dudley
Published an hour ago
Tom DiChristopher
@tdichristopher




Key Points

Oil prices spiked to nearly six-month highs last week because President Donald Trump is tightening sanctions on Iran, says BP CEO Bob Dudley.
Whether or not he follows through on the policy is the key wildcard for oil prices right now, according to Dudley.
Dudley says oil prices crashed last fall in large part because Trump backed off his tough stance on Iran.

[maywillow] 01/5/2019 15:20

Shell B
2,438.5 -1.05%

[xxxxxy] 01/5/2019 15:13

Still quietly waiting for £30 per share.

Patience.

[the grumpy old men] 30/4/2019 17:46

1st quarter 2019
Event Date
Announcement date May 2, 2019

[waldron] 30/4/2019 17:19

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 to 3175p
3175 to 3275p
3275 to 3375p
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 2364.5p 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


APRIL ENDS AT 2464.5p but STILL in the 2375 to 2475p BOX

[waldron] 30/4/2019 17:15

FTSE 100
7,418.22 -0.30%
Dow Jones
26,520.8 -0.13%
CAC 40
5,586.41 +0.10%

Brent Crude Oil NYMEX 72.39 +1.19%
Gasoline NYMEX 2.07 +2.04%
Natural Gas NYMEX 2.60 +0.08%


(WTI) - 30/04 17:54:17
64.03 USD +0.80%





Eni
15.218 +0.79%


Total
49.545 +1.95%

Engie
13.205 +1.38%

Orange
13.965 -2.92%


BP
559 +1.18%


Shell A
2,450 +0.82%


Shell B
2,464.5 +0.63%