Member Info for Bighitter32

Are the continual share buy backs not just propping up the share price……?

He’s a one trick pony……

Agreed, CMD commitments well on the way to being delivered, low value capital projects stopped, non-value generating ‘green’ ventures canned etc…. And little return. Fairing better than BP but that’s not much to shou5 about….. Is Wael really on point?

Steer well clear of this…..

Time we put our country first and leveraged the solid professional engineers we have, other countries openly display bias towards their own, we should not be afraid to do the same.

Nothing new….. it’s an OPEX drive started after Capital Markets Day….. on average it’s circa 20 to 25% FTe cut across all Lines of Business…. Low Carbon Fuels was first, Commercial North America followed closely and Chemicals and Products are underway….. Sewan is chopping to meet the 2025 commitments.

It’s an option that was considered during the move away from NL. CEO is open to reconsider I expect if the investment community do not respond in an appropriate way if the commitments at Capital Market Day are delivered.

The US Government has a different view on the energy transition and the market in the Us tend to see value differently to the UK it seems.

Stepping back from the North Sea is more political tha bottom line driven, the volumes and Revenue from this small portion of the Shell portfolio is small.

It’s an option spidered s considered during the move away from NL. CEO is open to reconsider I expect if the investment community do not respond in an appropriate way if the commitments at Capital Market Day are delivered.

Stepping back from the North Sea is more political tha bottom line driven, the volumes and Revenue from this small portion of the Shell portfolio is small.

Oh my….. I hope they have done their due diligence…. Nigeria has been a millstone for Shell.

Always a shame when a CEO reads from a script when answering such basic questions…..

OPEX is the target, easy to go after but it means headcount and contractors won’t get you there.

The government should not shy away from driving a preference for the good of the UK. RR need to be competitive but shame on the government if they waste time and effort on chasing price to the extreme…. Protect British industry….

High probability of a dividend uplift, albeit the board do seem to think share buy backs…… conventional oil and gas will be part of the forward strategy for many years to come for Shell, and now a sensible mandate on cleaner energy projects has been shared widely I.e. they need a certain VIR and IRR to be considered for Capital.

LNG is also now seen as more central to the future Shell….. OPEX is under the microscope, so perhaps expect some FTE and overhead focus at Capital Markets Day too.

It’s about time we looked after our own, as long as RR demonstrate technical competence and are competitive then why n earth would we ship value to a foreign company? A bit of self preservation for the UK would go a long way with the public.

The RI is referenced against your post consolidation share holding.

If there is traction on SMR’s and the Government wakes up and supports, then still some upside here for sure.

3.5% ROCE would never make FiD at BP…. Unless it’s New Energies…..

Nothing new, the CEO has still got an oil exec patter……

Great to see the rise, just wondering how the rank and file view the comments around burning platform a few weeks back….. always puts a cloud over integrity, and likely will come back to haunt the CEO in the months/years to come

There’s always extremes and those sat at the ends of a range are normally deluded or full of self interest….