Shell Plc (SHEL)

[Cheetah SPEED]

Im in baby!

Holding this, hes, cop, psx, and psxp for the long haul

Oil to the moooon!

[DewDiligence]

Shell sells most of Woodside stake for $5.7B in cash: #msg-103403552.

[DewDiligence]

Shell’s CFO sold $600K worth of stock on 5/27/14 at an (RDS-B) ADR-equivalent price of $82.12:

http://www.sec.gov/Archives/edgar/data/1306965/000130901414000370/htm_8623.htm

[DewDiligence]

Shell cancels optional payment of dividends in stock, which WSJ says is bullish:

#msg-102369381
#msg-102369690

[Vincent Milner]

‘LNG supply agreement with Shell to be finalised soon’

Jordan is expected to sign an agreement with Royal Dutch Shell before the end of June to supply liquefied natural gas (LNG) to a terminal in Aqaba, a senior official said on Monday.

DETAILS

[DewDiligence]

Timetable for Shell’s 2014 dividend payments and record dates:

http://finance.yahoo.com/news/royal-dutch-shell-plc-revised-064200039.html

[DewDiligence]

Shell’s so-so 1Q14 results send share price soaring:

#msg-101570598

It’s great when a company has such low expectations, LOL.

[Jack Lane]

Yes their Pecten subsidiary was all over Somalia; they have force majeure on at least 4 blocks there dating from 1991.

[DewDiligence]

Did Shell previously leave Somalia? I didn't realize that.

[Jack Lane]

Shell back to Somalia

From the KIMJF board (KIMJF has the adjoining block) and likely would like to strike a deal given Shells Somalia blocks are all offshore.

http://www.intelligencebriefs.com/shell-plc-return-to-somalia-oil-exploration-business/

[Vincent Milner]

Shell committed to Russia expansion despite sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions imposed on the country after its annexation of Ukraine's Crimea region.

DETAILS

[DewDiligence]

Shell commits to Sakhalin-2 LNG expansion despite contentious project history:

#msg-100800872

[Jack Lane]

Shell back to Somalia?

Press is saying Shell and BP headed back to their pre 1991 Somalia blocks in Somalia.

This NI 51-101 on the ACA Block (Amsas & KIMJF) surrounded by two Shell Pecten Blocks shows very promising oil and gas.

http://kcap.biz/dl/712362-Kilimanjaro_Somalia_51101.pdf

[nWo]

I really like the moves the new ceo of Shell is making. I still feel this company is undervalued imo. I enjoy the dividends this company rewards its shareholders with. I think soon we shall see a increase from .90 cents quarterly dividend.

[DewDiligence]

Shell Investor Day webcast slides and transcript from 3/13/14:

#msg-99298112

[DewDiligence]

Informative video on Big Oil poses questions for Shell business model:

#msg-97715680

[DewDiligence]

Shell continues non-core divestitures, selling Australian downstream assets for $2.6B:

http://www.nytimes.com/2014/02/22/business/international/shell-to-sell-refinery-and-gas-stations-in-australia.html

RDS-A and RDS-B made a new 12-month highs today.

[DewDiligence]

Shell boosts dividend and adds independent directors: #msg-96589834.

[DewDiligence]

Shell throws in the towel on Arctic drilling in 2014 (and probably ever):

#msg-96559166.

[DewDiligence]

Shell sells Wheatstone-LNG stake for $1.1B in cash; hints at shelving Arrow LNG project in Queensland:

#msg-96136606

[DewDiligence]

Shell’s own PR on the 4Q13 earnings miss:

http://www.shell.com/global/aboutshell/media/news-and-media-releases/2014/shell-updates-on-q4-2013-and-full-year-2013-unaudited-results.html

[DewDiligence]

Musings on Shell’s pre-announced 4Q13 earnings miss:

#msg-96114444

[DewDiligence]

…stock is going to get pounded come next week.

Why next week? If Shell were going to get pounded for the earnings miss, it would’ve happened today.

[Rentier]

Wish I had a short on this, stock is going to get pounded come next week.

Royal Dutch Shell released a dreadful profit warning today. Fourth quarter earnings are expected to come in at $2.2 billion, down from $7.3 billion a year ago. Full year earnings will be down almost 40% to $16.8 billion. Upstream earnings were off 45% year-over-year, while downstream refining earnings plunged 58%. Topping it off, in the past year Shell’s oil and gas volumes have slumped roughly 13% to 2.9 million barrels of oil (and natural gas equivalents) per day.


http://www.forbes.com/sites/christopherhelman/2014/01/17/what-the-hell-shell-oil-giant-warns-on-disastrous-quarter/

[DewDiligence]

Putnam fund manager likes Shell: #msg-95888775.

[DewDiligence]

Shell closes acquisition of Repsol’s LNG assets: #msg-95520038.

[DewDiligence]

Shell is still considering building a petrochemical plant in western Pennsylvania to exploit cheap gas from the Marcellus and Utica shales:

#msg-95343320

The economics for such a plant are much less daunting than those for the kind of GTL facility Shell considered and rejected in Louisiana (#msg-94696485).

[DewDiligence]

RDS-A/B +3% today (a big move for such non-volatile stocks) on upgrade by a European analyst who says investors aren’t fully recognizing Shell’s cash-flow potential. No kidding!

[DewDiligence]

Shell is no-go on US-based GTL plant:

http://finance.yahoo.com/news/shell-pulls-gas-liquids-project-181452403.html

[DewDiligence]

Looks like Shell is planning to retry drilling in the Chukchi Sea next July:

http://finance.yahoo.com/news/transoceans-alaska-rig-contract-shell-230711494.html

[DewDiligence]

Shell director bought 2,000 RDS-A shares today on the open market at €24.75, which equates to $66.86 per class “A” ADR (one ADR = 2 ordinary shares):

http://www.sec.gov/Archives/edgar/data/1306965/000130901413000733/htm_8090.htm

[DewDiligence]

Shell makes a big move in Brazil: #msg-93228814.

[nWo]

Royal Dutch Shell plc: Buyback of Own Shares

LONDON, September 18, 2013 /PRNewswire/ --

Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) announces that on 18 September, 2013 it purchased for cancellation 969,000 "B" Shares at a price of 2158.12 pence per share.

Following the cancellation of these shares, the remaining number of "A" Shares of Royal Dutch Shell plc will be 3,821,611,712 and the remaining number of "B" Shares of Royal Dutch Shell plc will be 2,504,071,948

[nWo]

Royal Dutch Shell - Buyback of Own Shares


LONDON, September 17, 2013 /PRNewswire/ --

Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) announces that on 17 September, 2013 it purchased for cancellation 585,869 "B" Shares at a price of 2156.85 pence per share.

Following the cancellation of these shares, the remaining number of "A" Shares of Royal Dutch Shell plc will be 3,821,611,712 and the remaining number of "B" Shares of Royal Dutch Shell plc will be 2,505,040,948.

Enquiries
Shell Media Relations
International, UK, European Press: [phone]
Shell Investor Relations
Europe: [phone]

[nWo]

Royal Dutch Shell plc: Buyback of Own Shares


LONDON, September 16, 2013 /PRNewswire/ --

Royal Dutch Shell plc (NYSE:RDS.A) (NYSE:RDS.B) announces that on 16 September, 2013 it purchased for cancellation 760,000 "B" Shares at a price of 2173.55 pence per share.

Following the cancellation of these shares, the remaining number of "A" Shares of Royal Dutch Shell plc will be 3,821,611,712 and the remaining number of "B" Shares of Royal Dutch Shell plc will be 2,505,626,817

Enquiries

Shell Media Relations
International, UK, European Press: [phone]
Shell Investor Relations
Europe: [phone]

[nWo]

Shell's Daily Buy-Back Program continues....

http://money.msn.com/business-news/article.aspx?feed=PR&date=20130913&id=16898053

[nWo]

Agreed, the market i'm assuming does not think Shell will meet it's long term financial goals set of increasing cash flow by what was the number 40 billion by 2015? I guess that's the reason this has a P/E ration of around 8. I'm long this stock too, I have B shares my cost average is 65.45. I really think though this stock should be at least 75, IMO.

[DewDiligence]

True; same arithmetic can apply if one pays AMT tax.

[DewDiligence]

New CEO will continue the long-term program of Voser regime with few, if any, changes, IMO.

[nWo]

The Dividend could technically be higher on the B shares if you end up paying the foreign tax on the A shares if you have it in a IRA account.

[nWo]

Its amazing how Shell continues to trade at a discount like this, even to its peers its undervalued with the exception of maybe BP and STO. What do you think of the new ceo coming on board for Shell?

[DewDiligence]

I added some shares on today's 5% drop. The quarterly results were bad but not that bad, and the valuation is dirt cheap.

[DewDiligence]

More color on Shell’s CEO succession (NYT):

http://www.nytimes.com/2013/07/10/business/global/shell-picks-new-chief-executive.html

[DewDiligence]

Shell’s new CEO (effective 1/1/14) is Ben van Beurden, the current head of downstream operations:

http://online.wsj.com/article/SB10001424127887324507404578594880382971200.html

van Beurden is 55 and has been with Shell for 30 years.

[DewDiligence]

Shell building new Nigerian pipeline to bypass high-theft area:

#msg-89278049

[johnsyn]

10:32 AM Royal Dutch Shell (RDS.A +0.3%) signs a letter of intent with Guanghui Energy to build a liquefied natural gas import terminal in east China. The Chinese company aims to build a 600K metric tons/year storage and transit plant, then a 1.5M tons/year LNG import facility under a second phase and a 3.5M tons/year import terminal in a third stage

[DewDiligence]

Shell approves investment in Stones ultra-deepwater GoM project:

http://finance.yahoo.com/news/shell-moves-forward-gulf-mexico-133000001.html

The development will start with two subsea production wells tied back to the FPSO vessel, followed later by six additional production wells. This first phase of development is expected to have annual peak production of 50,000 boe/d from more than 250 million boe of recoverable resources. The Stones field has significant upside potential and is estimated to contain over 2 billion boe of oil in place.

…The Stones field is located in 9,500 feet (2,896 meters) of water [!], approximately 200 miles (320 kilometers) southwest of New Orleans, Louisiana, and was discovered in 2005.

[johnsyn]

both pay on the 27th of June, same record dates, etc. 2:58 PM Royal Dutch Shell (RDS.B) declares $0.90/share quarterly dividend, 4.6% increase from prior dividend of $0.86. Forward yield 5.11%. For shareholders of record May 17. Payable June 27. Ex-div date May 15

[DewDiligence]

Shell’s (very detailed) PR on 1Q13 results:

http://finance.yahoo.com/news/royal-dutch-shell-plc-1st-071800306.html

[DewDiligence]

Shell increases annual dividend by 5% to $3.60 per ADR:

http://finance.yahoo.com/news/royal-dutch-shell-plc-first-060600944.html

The new payout rate at the current share prices represents a yield of 5.3% for RDS-A and 5.2% for RDS-B.

(Note: One ADR is equivalent to 2 ordinary shares.)