Member Info for Neversellshell22

Hi Smithy,

Good morning Sir....

Why do you think it would fall any more than that. Surely they would buy extra that day to bolster SP ?

I thought that myself....

Why dont they just buy a shed load more now ?????

"This strong financial performance allowed us to further reduce net debt. Our net debt decreased by $4.1 billion during Q1, despite an outflow of $4.4 billion in working capital. Our net debt is now $71.3 billion and our priority remains to reduce it further to $65 billion.

And once we reach this milestone, we aim to distribute, in aggregate, 20% to 30% of our cash flow from operations to our shareholders. Also, as previously announced, we are growing our dividend per share by 4% this quarter and we plan to grow it at a similar level every year, subject to Board approval."

Hi Char,

Thank you for your comments and the same to you and yours……

I’m mega positive about this year for oil and Shell. If they can make 4.2£ billion when things go averagely (oil just over 60$, Texas bad weather, Prelude not in full flow) just imagine how much we can make if oil continues to rise which I think it will, giving Q3 67$ish per dollar average or there abouts….

This will mean we hit our net debt target and then what to do with this extra cash in Q3 and Q4. I agree with Barriepov and can see a dividend increase and then some big buy backs.

The economy is in a bizarre place and many things are upside down. Madness abounds Telsa, Gamestop etc. We are getting there with Covid and that means flights massively increasing, ships everywhere and a massive increase in car use. We are also doing a decent job in bed with our 2 wives (Oilers and Greenies) and with the world on a green crusade this year it’s the right place to be. I think companies like Exon have a very rude awakening coming. Finally, Sleepy Joe is breaking all records giving away free money…..

So, as I said I’m hugely positive all oilers for now especially Shell. Right company right time, get to the end of the year and Shell will be much perkier, £15 a share with the divs will do for me.....

What I would give to be around in 30 year’s time to see how the world get out of their debt mess????

What does everybody else think?

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Cleverthoughts £3.13
Wheremymoneygone £3.14
4vince1 £3.15
Share be alright. 3.16
Cong £3.17
Touraco 3.19s
Sharefall £3.20
SC £3.23
mojo7865 £3.25
Cesna £3.26
Spights £3.40

I notice that Ben van Beurden was nowhere to be seen during the Shell q1 results presentation.

To me this seems very very unusual.....

Any thoughts ???

Closes 7.00am Monday.....

Moneyboy5000 £1.00
Gavster-NBC £3.04
SC £3.23
Sigma1 £2.79
Seen_it_done_it £2.99
Android £3.05
stevebt £3.07
Toffeemen1975 £3.08
NSS £3.10
rjb92 £3.11
Procul60 £3.12
Cleverthoughts £3.13
Wheremymoneygone £3.1
4vince1 £3.15
Share be alright. 3.16
Cong £3.17
Touraco 3.19s
Sharefall £3.20
mojo7865 £3.25
Spights £3.40

Price: 303.75

No Opinion

Friday ClubToday 10:48
Seen_it_done_it £2.99
Android £3.05
stevebt £3.07
NSS £3.10
rjb92 £3.11
Procul60 £3.12
Cleverthoughts £3.13
Wheremymoneygone £3.1
4vince1 £3.15
Share be alright. 3.16
Cong £3.17
Touraco 3.19s
harefall £3.20
mojo7865 £3.25
Spights £3.40

Seen_it_done_it £2.99Android £3.05stevebt £3.07NSS £3.10rjb92 £3.11Procul60 £3.12Cleverthoughts £3.13Wheremymoneygone £3.14vince1 £3.15Share be alright. 3.16Cong £3.17Touraco 3.19sharefall £3.20mojo7865 £3.25Spights £3.40

Entries close at 7.00am on Monday morning.

Please try and put your entry in value of SP....

https://moneyweek.com/investments/stocks-and-shares/energy-stocks/603177/bp-making-efforts-to-really-go-beyond-petroleum

Well considering how glum was before Q1 I think Q2 could be a stocker.

I would expect us to hit our net debt target of 65$ billion meaning more in shareholder returns in the rest of the year....Probably through Buy backs.

It looks like oil and gas are on the March so this should all help bring the bacon home.

Also we had the Texas weather which cause a couple hundred million.

The beauty of Shell is their size and strength so they can buy assets and do farming that suit them. Financially they have very little from stopping them hitting their goals...

Prelude should also at full steam now so next Quarter should be a monster....

Any thoughts....???

Any idea where these can be found for the last quarter. On the web site it shows as presentation over.......

Agami.... £3.12 gone try again..

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NSS £3.10
Procul60 £3.12
Cleverthoughts £3.13
Wheremymoneygone £3.14
vince1 £3.15
Cong £3.17
sharefall £3.20
mojo7865 £3.25
Spights £3.40

Android £3.05
stevebt. £3.07
NSS £3.10
Cleverthoughts £3.13
mojo7865 £3.25

stevebt. £3.07
NSS £3.10
Cleverthoughts £3.13

NSS £3.10

Just a bit of fun to see where you think SP will finish at close next Friday. Please inset your entries in numerical order and copy and paste all entries in with yours. ..

Good Luck all....

Considering oil down a couple of % at least we scraped a positive finish....

Every day BP making more money than they did this time last year and the quarter just gone...

Holding above £3 which whilst isn’t where any of us wants it is at least out of the 2s........

All in all a not to shabby week with much much more to look forward to.

Have a good weekend all......

NSS

Anybody seen the boss man today....?

Stevebt,

I dont think you have done anything wrong, thousands upon thousands have done the same thing.

The game is only just beginning and that is how you should see investing. Remember the main product that Shell and BP sold people were having to take it away at one time last year.

My view is over the coming few years (ie within 5) Shell will be a great company to hold with a handsome dividend.....

Heres to the future.....