Shell Share Discussion Threads

[chiefbrody] 11/7/2019 13:54

Well in the mountains as thats better than a boring beach!

[chiefbrody] 11/7/2019 13:53

Yup. Those lovely divs should put me on a nice beach in due course lol.

[montyhedge] 11/7/2019 13:15

It's coming, got to enjoy the dividends why we can.

[chiefbrody] 11/7/2019 13:10

And no doubt it'll be 30K or something mad like that.Be a fair few more years before even a small % of car drivers will be saying that Monty.Hopefully something better (Hydro) than Electric will be closer too.

[montyhedge] 11/7/2019 12:57

Next spring the new electric mini car arrives, the boss of BMW said our mini buyers will never have to visit a petrol station again, I think we will that saying a lot coming years.

[the grumpy old men] 11/7/2019 08:05

10acious
11 Jul '19 - 07:55 - 6492 of 6492
0 0 0
The Bullish Case For Oil.

[10acious] 11/7/2019 07:55

The Bullish Case For Oil.Https://oilprice.com/Energy/Energy-General/The-Bullish-Case-For-Oil.html

[waldron] 11/7/2019 07:16

European stocks set for higher open after Powell hints at Fed rate cut
Published 10 min ago
Elliot Smith
@ElliotSmithCNBC




Key Points

Powell told the House Financial Services Committee in a prepared testimony on Wednesday that the central bank will “act as appropriate” to sustain expansion as “crosscurrents” are weighing on the economic outlook.
Investors will also have an eye on the Bank of England’s Financial Stability Report, due at 10.30 a.m. CET on Thursday, along with U.S. core inflation data due at 1.30 p.m. CET.

European stocks look set to open higher Thursday morning after U.S. Federal Reserve Chairman Jerome Powell signaled that the central bank could cut interest rates imminently.

The FTSE 100 is seen climbing around 24 points to 7,555, the DAX is expected to open around 49 points higher at 12,422 and the CAC 40 is set to rise around 21 points to 5,589, according to IG data.

[waldron] 11/7/2019 06:17

Credit Suisse cuts BP to ‘neutral’; from ‘outperform217;, prefers French peer Total; Shell ‘top pick’
2019-07-11 by Proactive Investors

Bp_sign_358

Credit Suisse has downgraded its rating for UK energy blue chip BP PLC (LON:BP.) to ‘neutral' from ‘outperform' in a review of the European oil sector.

The Swiss bank also cut its target price for the FTSE 100-listed firm to 605p from 640p, with BP shares currently trading at 543.90p, down 0.5% on Tuesday's close.

In the note to clients, Credit Suisse's analysts said they have switched their sector preference to Total SA, upgrading its rating for the French group to ‘outperform' from ‘neutral' as they think Total has the capacity to distribute more to shareholders than BP in 2021-25.

The analysts pointed out that the calculate that the French firm could distribute about a 10.5% annualised yield (dividend and buyback) based on current market value, compared to BP's potential for about 8.5%.

Overall, the Credit Suisse analysts said they prefer European oil supermajors to their US peers on valuation grounds.

They maintain Royal Dutch Shell PLC (LON:RDSA) as is their sector ‘top pick', retaining an ‘outperform' rating, albeit while cutting the share price target to 3,090p from 3,175p.

In late morning trade in London, Shell A shares were 0.3% higher at 2,596.50p

[waldron] 10/7/2019 17:59

fjgooner
10 Jul '19 - 17:46 - 6485 of 6485

that one really made me chuckle hearterly

take care

u2 have a lovely evening

[fjgooner] 10/7/2019 17:46

@Waldron 6481,

Aristotle I believe. Very nice.

I always felt that Mark Twain borrowed heavily from such ancients.

Consider Twain's famous:

"It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt."

Over 2,000 years later and Twain was keeping such sentiments expressed in an almost identically humorous fashion.

Have a great evening. :)

[waldron] 10/7/2019 16:59

Brent Crude Oil NYMEX 66.24 +3.24%
Gasoline NYMEX 1.92 +2.22%
Natural Gas NYMEX 2.47 +2.11%
(WTI) 59.44 USD +1.35%


FTSE 100
7,530.69 -0.08%
Dow Jones
26,852.16 +0.26%
CAC 40
5,567.59 -0.08%
SBF 120
4,382.8 -0.06%
Euro STOXX 50
3,500.77 -0.25%
DAX
12,373.41 -0.51%
Ftse Mib
22,040.59 +0.71%



Eni
14.706 +1.07%



Total
49.76 +0.50%

Engie
13.83 -0.68%

Orange
13.73 -0.90%



Bp
545.7 -0.13%

Vodafone
132.5 -0.99%

Royal Dutch Shell
2,604.5 +0.60%


Royal Dutch Shell
2,607.5 +0.48%

[waldron] 10/7/2019 15:58

RDSA Credit Suisse Outperform from 3,175.00 to 3,090.00


RDSA HSBC Buy from 2,840.00 to 2,875.00

[waldron] 10/7/2019 15:36

FJG

Had to look it up, that way i again learn alittle more


fjgooner
10 Jul '19 - 14:24 - 8415 of 8418
0 0 0
Wittgenstein: "Whereof one cannot speak, thereof one must be silent."







one of my favourites



"The Wise Man speaks because he has something to say ... while the Fool speaks because he has to say something."


"While the fool speaks, the wise man keeps silent."

[fjgooner] 10/7/2019 15:32

Whoa! Huge crude draw of 9.499M vs consensus 3.081.

[adrian j boris] 10/7/2019 15:06

Jul 10, 2019, 08:00am
Shell Invests In Ethereum Hybrid Giving Real Power To The People
Michael del Castillo
Michael del Castillo Forbes Staff
Crypto & Blockchain
I cover enterprise adoption of blockchain and cryptocurrency.

Shell OIl logo

The Shell Oil Co. has publicly invested in four blockchain startups, the latest aiming to let neighbors sell renewable energy directly to each other. AP Photo/Paul Sakuma

Oil and gas giant Shell is continuing its exploration of blockchain with yet another investment in the technology first made popular by bitcoin.

The fifth largest oil and gas company in the world, valued at $262 billion, is investing an undisclosed amount in LO3, a New York startup using a modified version of the ethereum blockchain to make it easier for individuals to buy and sell locally produced energy using the existing network of power cables.

While the bitcoin blockchain lets users track the flow of value without the need of banks to audit the system, LO3’s platform, called Exergy, is designed to track the flow of energy as it is added to a shared, local energy network, giving the neighbors who purchase the energy absolute certainty it really came from a windmill, a solar panel, or a gerbil running on a treadmill.

If successful, LO3 and its competitors in the nascent “transactive energy” market, could change the role of traditional electricity transmission and distribution companies like Con Edison in the United States and Western Power Distribution in England from mere installers of underground cables, to managers of more efficient, distributed local energy grids.

“We see that it’s society’s ambition to live in a lower carbon environment,” says Shell Ventures investment director Kirk Coburn. “LO3 is a platform that enables that.”

The investment announced today, is part of a larger bridge investment round also joined by Sumitomo Corporation Group based in Japan. Details of the investment are not being disclosed, though Coburn says he’ll be joining LO3 as a board observer as part of the round, and could come on as a full board member pending possible future investments.

Earlier plans to raise capital by selling tokens to be used on the platform via an initial coin offering (ICO) have been put on hold. However, the tokens, called XRG, are still expected to play a crucial role in the platform when it goes live in 2020. The tokens will be used to incentivize use of the platform and will be required to access the distributed energy grid. Shell has the option to convert its investment into XRG tokens at the time of launch. Another token, called anergy, is being designed to let consumers sell data about their energy usage to third-party companies at a later date.


The company is currently building Exergy on the public ethereum blockchain, and will likely issues its tokens accordingly. However, Exergy is being designed to allow easy integration with a competing blockchain, called EOS, which has its own cryptocurrency and also allows for the creation of new tokens, but is touted as supporting larger transaction volumes. "We are building a custom blockchain combining the best of what existing blockchain communities have already accomplished," says LO3 director Ben Conte.

LO3 now employs 35 people, with most of its engineers joining Conte in Portland, Oregon and other staff in Australia and Tokyo. The company plans to spend the investment to prepare for its full launch next year. When the project emerges from its beta testing users will be able to set preferences on a mobile app, choosing how and when to use the local energy resources and exactly which sources to purchase from. Because a blockchain is really just a shared, transparent ledger of transactions without the need of a middle man to audit it, users will have increased certainty the energy actually came from where they selected.

This is Shell’s fourth public investment in blockchain, with other portfolio companies including oil-trading platform Vakt, on which Shell began trading in 2018, Applied Blockchain, which built a derivatives platform Shell also began testing last year and commodities platform Komgo, built on the public ethereum blockchain. Competitors using blockchain to track energy credits include Power Ledger, which uses the public ethereum blockchain and Veridium, which uses the stellar blockchain with support from inaugural Forbes Blockchain 50 list member, IBM.
Blockchain 50

Forbes

Currently, most energy consumers have very little choice in where their energy comes from, limited to which companies installed the actual power cables and other infrastructure in their area. When an individual seeks an environmentally friendly alternative, their best option is often to buy a renewable energy certificate (REC) which goes towards supporting environmentally friendly energy production. However, there’s little guarantee the energy consumed is sourced from local plants, resulting in a positive impact on the purchaser's community.

So, in 2016, LO3 conducted one of the first experiments using its technology to let a neighbor on the sunnier side of a street in Brooklyn, New York, sell solar energy he generated to a neighbor on the opposite, shadier side of the street. While the demo has not yet been widely scaled, it showed how a blockchain based accounting system could form the building blocks of a more nuanced, competitive, and locally sourced energy economy.

Since then, LO3 has raised capital from Braemar Energy Ventures in New York, Centrica energy in the United Kingdom, and Munich-based Siemens, also a member of the Forbes Blockchain 50 list. Coburn joined Shell in 2017 and says he was impressed with LO3’s ability to gain support across different jurisdictions beholden to a wide range of regulatory oversight.

“It’s more complicated than just trading from the neighbor on one side of the street to the other. How do those two neighbors work within a neighborhood? How do they work within a larger environment?” says Coburn. “From a Shell perspective, what we see is we want to be able to enable customers to take advantage of that.”

When expanded to a larger scale Coburn hopes the LO3 platform will generate in a self-contained energy market, where local energy producers can connect directly with their neighbors. These early stage markets, which are now also being tested in the UK, Colombia, Japan and Australia, could then create new revenue for locals, and incentivize more energy efficient purchases by giving consumers certainty that their hard earned money is having a direct impact on the air they breath.

"If I’m buying a REC from a plant in Montana and I live in New York, I don’t breath air from Montana, I breath air from New York," says LO3 founder and CEO, Lawrence Orsini. "I’d much rather pay for the clean air in New York and not the clean air in Montana."

How Blockchain Went From Bitcoin To Big Business| 7:20

Between 2010 and 2016 renewable energy use increased by 67% in the United States, according to the Center for Global Climate and Energy Solutions. But as of last year, only 11% of U.S. energy came from renewable resources, according to the U.S. Energy Information Association. To help accelerate that rate several U.S. companies, including Apple and Bank of America have joined the RE100, an international group of 185 enterprises committed to moving to 100% renewable energy by 2050 at the latest.

To meet that demand those enterprise consumers and others won’t be able to rely on energy provided from traditional power companies alone, for many reasons, according to Orsini. The most important reason being that the centralized nature of traditional coal and gas means the raw materials have to be transported over great distances, resulting in both extra cost to ship the raw materials, and lost energy as electricity dissipates from cables used to transmit it.

“You can’t buy green energy from the other side of the planet and expect to get green energy in your plant,” says Orsini. “So, as this market evolves and develops, and as people start pushing more and more to renewables they’re going to have to start buying closer to them to really start verifying that they’re consuming renewable energy. Otherwise, it’s all just a bit of accounting chicanery.”

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Michael del Castillo
Michael del Castillo Forbes Staff

[skinny] 10/7/2019 13:27

HSBC Buy 2606.66 2860.00 2875.00 Reiterates

[adrian j boris] 10/7/2019 12:55

Royal Dutch Shell Plc 19% Potential Upside Indicated by Credit Suisse

Posted by: Amilia Stone 10th July 2019

Royal Dutch Shell Plc with EPIC/TICKER (LON:RDSA) had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OUTPERFORM217; today by analysts at Credit Suisse. Royal Dutch Shell Plc are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set a target price of 3090 GBX on its stock.