Fortunately it seems the CEO will not feel too much pain. He will still earn 26 millions dollars this year or 500k a week. He must be some CEO...
13 Mar '15
I have this on my watch list but considering the direction of oil prices it is holding remarkably well. It seems that many still cannot comprehend the effects of the low prices. Many stand like rabbits in the headlights and are getting squashed without remorse. At the present time there is not even a glimmer of recovery. Brent futures have fallen back to about 55$ a barrel and crude spot is 47%. Behind this fall is the geo political force of the US of A. Small producers have to extract more to raise the money to meet their debts and the more they produce the lower goes the price. At some point the ship will start to turn and companies like Shell will be the first to benefit.. For this reason I am watching..
3 Mar '15
Possibly as much as a ten percent rise over the next three months? In line with oil prices.
9 Feb '15
Let's hope that you are right. It's a year since you posted this on the RDSA BBoard. There was another post in November 14. I suppose that reflects the excitement of a share like Shell.
13 Nov '14
With oil prices continuing to fall toward 78$ a barrel and facing massive claims in Nigeria. This seems to be on a very slippery slope. It may recover quickly though on rising prices.
9 Feb '14
Agreed. The divvy apart, it's useless; as flat as a witches boob. Too big for any major growth, imo and I might dump it when I can get it to show a profit again. That said, I've heard people say that oilers should start to pick up again soon. Hmm
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