Shell Share Discussion Threads

[the grumpy old men] 06/5/2019 22:53

Dow makes stunning comeback, recovering nearly all of 471-point plunge on hope trade deal not dead
Published Sun, May 5 2019 5:09 PM EDTUpdated 2 hours ago
Fred Imbert
@foimbert
Eustance Huang
@EustanceHuang
Thomas Franck
@tomwfranck
Silvia Amaro
@Silvia_Amaro




watch now
VIDEO02:51
Stocks drop after President Trump threatens more China tariffs — Four experts on what to watch

Stocks recovered the bulk of their earlier losses on Monday as investors bet China and the U.S. will still strike a trade deal despite President Donald Trump’s threat to hike tariffs on Chinese imports over the weekend.


Dow Jones
26,438.48 -0.25%


(WTI) 62.49 USD +3.32%

Brent Crude Oil NYMEX 71.24 +0.55%

[grupo] 06/5/2019 19:30

ON A HAPPIER NOTE

STARBUCKS IS A CUT ABOVE THE REST

[fjgooner] 06/5/2019 18:48

Both Brent and WTI now well up over 1% today.

Brent 71.64 +1.1%.

WTI 62.62 +1.1%.

RDSB stateside -0.4%. Exxon -0.4%. Chevron +1.5%.

Looking pretty neutral overall.

[poikka] 06/5/2019 18:15

Meanwhile, Trumpy's sent an aircraft carrier and support (additional) to the Gulf, ramping up pressure on Iran. Opinion is that he's spoiling for a fight, although the reason is also said to be that it's in response to info that Iran's planning something nasty against the US.

And in Libya Khalifa Haftar's forces are still fighting the "Internationally Recognised Government". Haftar's forces are strong in the East so there must still be plenty of oil leaving Benghazi - I think.

Yes, I can't see tomorrow bringing any great joy to oilies and miners. What's in a day.

[waldron] 06/5/2019 18:14

Market Insider
Here’s why the stock market isn’t crashing and is making a comeback after Trump’s trade threat
Published an hour agoUpdated 6 min ago
Patti Domm
@pattidomm




Key Points

President Donald Trump shook up markets with his threats to slap more tariffs on Chinese goods, but analysts said Trump was posturing and yet to be seen is how the Chinese respond.
Stocks fell sharply on the open but erased half their losses, as investors looked for bargains and continued to expect a deal.
Analysts said the fact the stock market is near all-time highs and has been performing well may have provided some latitude for Trump.

[waldron] 06/5/2019 17:22

(WTI) - 06/05 17:56:43
61.7 USD +2.02%

Brent Crude Oil NYMEX 70.60 -0.35%
Gasoline NYMEX 1.99 -1.68%
Natural Gas NYMEX 2.52 -1.83%


Dow Jones
26,294.69 -0.79%
CAC 40
5,483.52 -1.18%



Eni
14.872 -1.43%



Total
47.99 -2.40%


Engie
13.165 -0.68%

Orange
13.88 -0.36%



no doubt trumps antics will impact tomorrow

[montyhedge] 06/5/2019 16:18

Ok thanks.

[spud] 06/5/2019 16:10

I'm not inclined to do anything until I've better visibility via the September Interims tbh. spud

[montyhedge] 06/5/2019 15:58

SpudI am looking again at Accesso would you get back in at the right price? Or leave alone.

[fjgooner] 06/5/2019 14:23

Many analysts suspect Trump's latest tweet may be little more than tactical - watching coverage on Bloomberg TV.

Brent crude oil futures are already rebounding from $69.03 per barrel to $70.64 - now just 0.3% down.

Edit: Brent has just turned green - now up to $70.89 as at 14:34

[sarkasm] 06/5/2019 12:46

Ex-dividend date May 16, 2019
Record date May 17, 2019
Closing of currency election date (see Note below) June 3, 2019
Pounds sterling and euro equivalents announcement date June 11, 2019
Payment date June 24, 2019

[spud] 06/5/2019 10:22

Who cares if it drops £5? The intrinsic value is assured as is the gilt edged divi. spud

[chiefbrody] 06/5/2019 10:14

Good timing. Thinking about a top up here too. Would love some at circa £22.

[montyhedge] 06/5/2019 08:42

Battern down the hatches for a down week.

[grupo] 06/5/2019 07:20

European markets set for sharp losses at the open as US-China trade tensions escalate
Published 33 min ago
Ryan Browne
@Ryan_Browne_





European markets are set to open sharply lower on Monday, after President Donald Trump said the U.S. would hike tariffs on goods from China.


Germany’s DAX index dropped 163 points to 12,230 while France’s CAC slipped 80 points to 5,466, according to IG. In the U.K., markets are closed due to a public holiday.

Market participants eyed with caution the latest developments in trade negotiations between the U.S. and China.

Trump said overnight that current 10% duties on $200 billion worth of Chinese goods would rise to 25% by Friday, throwing hopes of any near-term resolution into doubt. The president also said he would target a further $325 billion of Chinese imports with a 25% levy “shortly.̶1;

Meanwhile, China is reportedly considering backing out of trade talks scheduled for this week. Sources told CNBC that Chinese Vice Premier Liu would likely cancel a trip for the final round of trade talks. Chinese officials have previously canceled a trip under similar circumstances.

The latest tariff threat saw Chinese markets and U.S. stock futures plunge Monday, as investors worried the economic damage caused by the trade dispute thus far could worsen. The MSCI Asia ex-Japan index fell as much as 2%.

Elsewhere, traders will monitor purchasing managers’ index (PMI) readings for the euro zone, which drop at 9 a.m. London time.

[waldron] 06/5/2019 06:21

Dow futures drop more than 450 points as China considers skipping trade talks
Published Sun, May 5 2019 5:09 PM EDTUpdated 3 hours ago
Eustance Huang
@EustanceHuang
Thomas Franck
@tomwfranck





A sharp sell-off will start the week on Wall Street after President Donald Trump said on Sunday that the U.S. will hike tariffs on goods imported from China, casting doubt on recent optimism that the world’s two largest economies were close to a resolution to their trade battle.

Dow Jones Industrial Average futures implied an opening decline of more than 450 points as of Sunday evening stateside. S&P 500 and Nasdaq-100 Index futures also pointed to declines for the two indexes at Monday’s open.

China’s stock markets, meanwhile, suffered significant losses in their morning trade.

Oil prices also saw sharp declines in the morning of Asian trading hours, with U.S. crude futures dropping 2.34% to $60.49 per barrel. For its part, international benchmark Brent crude futures also declined 2.09% to $69.37 per barrel.

[waldron] 05/5/2019 20:51

Iain Gilbert
Sharecast News
03 May, 2019 16:51
Broker tips: Royal Dutch Shell, Lloyds
lloyds banking group

ShoreCap stuck to its previous 'buy' recommendation for Lloyds' shares, despite the lender having fallen short of the broker's estimates for its first-quarter net interest income.

On the flip side, non-interest income, costs and impairments had all come in better-than-expected, analyst Gary Greenwood said in a research note sent to clients.

The above, together with Lloyd's unchanged guidance for the full-year led Greenwood to stay put on his own estimates.

Nevertheless, the Prudential Regulatory Authority's decision to reduce the regulatory capital requirement (core Tier 1) asked of Lloyds from 14.0% of assets to 13.5%, meant the lender now had more headroom for capital distributions, Greenwood said.

Roughly another £1.0bn, the analyst estimated, leading him to raise his forecast for Lloyd's share buybacks in 2020 from £1.5bn to £2.5bn.

Lloyds was guiding towards 170-200 basis points of capital generation over 2019, equating to approximately £3.5bn-4.1bn, of which £2.4bn would be consumed by dividends.

With the additional £1.0bn worth of funds available, the broker kept his estimate of the shares' fair value at 80.0p.

Analysts at Berenberg bumped up their target price for shares of Royal Dutch Shell from 3,000p to 3,100p, pointing out to clients the oil major's upwardly revised guidance for payouts and telling them that shares could recover from their recent underperformance if "momentum can be maintained".

They also noted the outfit's "solid" cash flow in a "challenging" quarter in terms of the macroeconomic backdrop, even if gearing did tick higher.

Berenberg also noted the strength seen in Shell's integrated gas unit bode well for the rest of the year, notwithstanding weak spot LNG prices in the first quarter.

Management had also upped the pace of share buybacks, from $2.5bn per quarter to $2.75bn "demonstrating the commitment to meeting the target of USD25bn in buybacks over the 2018-20 period."

And now, the German broker said: "with gearing under control and strong FCF generation, investors are looking to the investor day in June for an update on the shareholder returns beyond 2020."

The exact date of the Investor Day had yet to be announced and Shell deferred any comment regarding the potential timing on the day of its results.

On the back of lower depreciation and amortisation together with higher earnings assumptions, mainly for Integrated Gas and Refining, the broker marked up its estimates for Shell's earnings per share in 2019 and 2020 by 10% and 4%.

"Following recent underperformance, this strong set of results may lead investors to revisit the story over the coming months, with interest focusing around the investor day scheduled for June."

Berenberg's recommendation for Shell's shares was kept at 'buy'.

[grupo] 05/5/2019 08:18

In the coming weeks, as analysts focus on production figures, storage volumes and demand, OPEC will be focusing on defusing pressure to increase production, while at the same time the Saudi-led faction will likely confront the Tehran-Venezuela (and possibly Iraqi) axis. Iran has openly threatened to undermine OPEC’s stability if no support can be gathered before the June meeting. In several statements to the press, Iran’s oil Minister has warned that OPEC is in danger of collapse. Tehran threatens at present to take all necessary measures to block oil and gas flows from OPEC members that are supporting the U.S. sanctions regime. At the same time, Tehran has warned to take measures against countries trying to fill in the supply gap left by Iran. Zanganeh reiterated the latter during a meeting with OPEC secretary general Barkindo in Tehran. Barkindo reacted by saying that OPEC will do its utmost to depoliticize oil and gas policies of the organization. OPEC’s SG statements however look very bleak in light of the growing heat in the conflict between Iran and Saudi Arabia. Zanganeh is counting on Iraq, Libya and Venezuela to keep the pressure on Riyadh an Abu Dhabi, not to fully support U.S. sanctions. The meeting in June will be crucial. Geopolitical pressure, combined with an aggressive power projection of Iran in the Middle East (Iraq, Syria, Libya), leaves less room to maneuver for Arab countries than before. Tehran’s hope to keep Moscow on its side also seems to be backfiring as Russia openly is behind OPEC+ cuts, while backing Saudi-UAE’s efforts in Libya.

In many ways this appears to be a repeat of the 2018 meeting of OPEC in Vienna. The main difference will be that Tehran has lost much of its internal OPEC powers, due to the departure of Qatar and the implosion of Venezuela. Tehran doesn’t hold any real cards anymore, even the threat of military action in the Gulf or elsewhere will backfire. The cartel is heading for a rearrangement of powers, a rearrangement in which a new actor may be taking part. Moscow is still heading for an official agreement with OPEC, threatening to topple any Iranian future in the cartel for a very long time. Putin’s need for Iran is gone, new power plays are already in place, in which Riyadh, Abu Dhabi and Libya are much more prominent.

By Cyril Widdershoven for Oilprice.com

[grupo] 05/5/2019 08:09

The Sunday Times: Shell has struck a £60 million deal to sell its leisure club in southwest London to the Livingstone brothers.

[poikka] 03/5/2019 18:55

Come on RDS, number 2 in Poika's portfolio after ULVR.

Who gives a toss.

Another rum if you don't mind, nurse.