RDSB.L - Royal Dutch Shell plc
| Previous close | 2,214.50 |
| Open | 2,216.50 |
| Bid | 2,187.00 x 0 |
| Ask | 2,187.50 x 0 |
| Day's range | 2,185.12 - 2,221.00 |
| 52-week range | 8.89 - 2,647.00 |
| Volume | 5,338,327 |
| Avg. volume | 5,296,873 |
| Market cap | 172.315B |
| Beta (5Y monthly) | 0.83 |
| PE ratio (TTM) | 8.72 |
| EPS (TTM) | 251.10 |
| Earnings date | N/A |
| Forward dividend & yield | 1.43 (6.45%) |
| Ex-dividend date | 14 Nov 2019 |
| 1y target est | 36.11 |
- Bloomberg
Oil CEOs at Davos Debate Tougher CO2 Cuts as Pressure Mounts
(Bloomberg) -- Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.The bosses of some of the world’s biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos, a sign of how much pressure they’re under from activists and investors to address climate change.The meeting, part of a World Economic Forum dominated by climate issues, included a debate on widening the industry’s target to include reductions in emissions from the fuels they sell, not just the greenhouse gases produced by their own operations, people familiar with the matter said on Wednesday.The talks between the chief executive officers of companies including Royal Dutch Shell Plc, Chevron Corp., Total SA, Saudi Aramco, Equinor ASA and BP Plc showed general agreement on the need to move toward this broader definition, known as Scope 3, the people said, asking not to be named because the session was closed to the press. The executives didn’t take any final decisions.Shell and Aramco declined to comment. Media representatives for Chevron, Total and BP weren’t immediately able to respond to requests for comment. Equinor confirmed its CEO Eldar Saetre attended the meeting.Climate FocusTargeting Scope 3 emissions would be a big shift for an industry that produces the bulk of the world’s planet-warming emissions, once that could eventually require them to sell far less oil and gas. The simple fact that the industry’s top executives were considering it underscored how climate concerns suddenly came into focus in Davos this year.For the first time, environmental risks occupied the WEF’s top five long-term concerns. Business leaders from BlackRock Inc. CEO Larry Fink to Allianz SE boss Oliver Baete used their platform at the event to focus on sustainable investment. The two highest-profile attendees at the forum -- President Donald Trump and climate activist Greta Thunberg -- made headlines as they staked out opposing positions on the issue.The oil and gas executives debated a document produced by the WEF on “neutralizing emissions at the pump,” a reference to the gasoline and diesel sold to customers. There’s an urgent need to shift the industry’s target from production to emissions from end users, said one person.Several companies have already set targets for Scope 1 and 2 greenhouse gases, which come directly from pumping and refining hydrocarbons. Yet these account for less than 10% of total emissions from the life cycle of oil and gas. Some of their pledges have also focused on curbing emissions intensity -- the amount of carbon dioxide released per unit of energy -- which wouldn’t necessarily lead to a reduction in the volume of greenhouse gases produced if a company’s output is growing.Among major energy groups, only Shell, Total and Madrid-based Repsol SA have publicly announced that they are either targeting or monitoring Scope 3 emissions.The Spanish company made the boldest move, promising net-zero emissions in 2050 by diverting investment into wind and solar power. Shell has taken more modest steps, pledging to offset the greenhouse gases produced by fuel sold to drivers on their loyalty-card programs in the U.K. and Netherlands.Eni SpA Chairman Emma Marcegaglia said in a Bloomberg TV interview that the company is committed to becoming carbon neutral on a Scope 1 and 2 basis by 2030. The Italian oil and gas giant is in discussions about Scope 3 emissions, but needs more guidance from the government on how to do so, she said.Other companies, notably U.S. majors Exxon Mobil Corp. and Chevron have so far resisted specific pledges to cut total emissions, with the latter focusing instead on the carbon intensity of the energy it produces. BP CEO Bob Dudley, who retires later this year, has agreed aims for Scope 1 and 2 gases but in the past opposed a Scope 3 target.“We need to reduce our carbon intensity, everyone in the industry agrees on that,” Dudley said in an interview in Davos. However, he cautioned that shareholders and companies were using multiple definitions of Scope 3 emissions. “We need to get a common definition” so the industry “can work together in a powerful way.”(Updates with Aramco comment in fourth paragraph)\--With assistance from Laura Hurst, Francois de Beaupuy, Matthew Martin, Francine Lacqua and Mikael Holter.To contact the reporter on this story: Javier Blas in Davos at jblas3@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Rakteem KatakeyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters - UK Focus
Shell declares force majeure on Nigerian Bonny Light crude exports
- Fool.co.uk
Forget a Cash ISA. I’d buy these 2 FTSE 100 dividend stocks to retire early
These two FTSE 100 (INDEXFTSE:UKX) shares could deliver long-term growth in my opinion.The post Forget a Cash ISA. I'd buy these 2 FTSE 100 dividend stocks to retire early appeared first on The Motley Fool UK.
- Reuters - UK Focus
Nigeria charges ex-attorney general with financial crimes in $1.3 bln oil deal
Nigeria's financial crimes watchdog charged a former attorney general suspected of taking bribes to facilitate a $1.3 billion oil block sale, the agency said on Tuesday, in the latest twist in one of the industry's biggest alleged corruption scandals. An international investigation into the 2011 sale of the offshore oilfield known as OPL 245 by Malabu Oil and Gas has entangled two of the industry's biggest players, Shell and Eni, as well as an array of powerful figures from the previous Nigerian government. Mohammed Adoke, Nigeria's ex-attorney general, was charged with receiving the U.S. dollar equivalent of 300 million naira in 2013 to facilitate the OPL 245 deal and help waive taxes for Shell and Eni, according to a charge sheet filed in an Abuja high court last week.
- Fool.co.uk
Could climate change cause the Shell share price plunge to 1,300p?
The Royal Dutch Shell share price is under threat from climate change, but could the company's stock price crash as a result? The post Could climate change cause the Shell share price plunge to 1,300p? appeared first on The Motley Fool UK.
- Reuters - UK Focus
DAVOS-IEA warns oil companies doing nothing on emissions is not an option
Oil and gas companies must boost investment in low carbon energies or face an increasing backlash that could threaten their long-term profits and social acceptance, the International Energy Agency (IEA) said on Monday. In a report with the World Economic Forum presented in Davos, the IEA said oil and gas companies face a critical challenge as the world increasingly adopts clean energy transitions to curb global warming.
- Oilprice.com
Is This The End For Big Oil Dividends?
Big oil has been living beyond its means for years according to a new report from the Institute for Energy Economics and Financial Analysis, with a shortfall of over $200 billion
- Reuters - UK Focus
Police detain 185 climate protesters at Brussels car show
Police detained 185 protesters in central Brussels on Saturday after the environmental protest group Extinction Rebellion staged demonstrations at a car show in protest at the auto industry's role in CO2 emissions that cause climate change. The protest came only days after the European Commission unveiled ideas on how to finance its flagship Green Deal project that aims to make the European Union a CO2 emissions-neutral area by 2050, in part through the transformation of the car industry. A member and former spokesman for the group, Christophe Meierhans, said Extinction Rebellion targeted the car industry because it told "a lot of lies in order to sell more cars".
- Reuters - UK Focus
Extreme cold in Western Canada disrupts oil production, refining
Canadian oil producers and refiners have cut processing rates this week as extreme cold weather grips Western Canada, traders familiar with the matter said on Friday. Cold weather has spread across western Canada this week. Syncrude, one of the largest producers of crude oil from Canada's oil sands, as well as North West Refining (NWR), which operates the Sturgeon refinery, have declared force majeure, two traders familiar with the matter said.
- Yahoo Finance
Shareholders expect oil companies to be 'responsive' to climate change
Dan Dicker says big oil and gas companies can no longer ignore the climate crisis.
- Reuters - UK Focus
LIVE MARKETS-CLOSING SNAPSHOT: NEW RECORD
* Wall Street opens slightly higher Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. The pan-European index hit a fresh high today as the market was celebrating the Phase 1 of the trade deal between the U.S. and China. The STOXX 600 gained 0.9% with the basic resources index jumping 2%, while the FTSE 100 was up 0.9% thanks to a weaker pound.
- Reuters - UK Focus
LIVE MARKETS-Netherlands: Time to join the equity party?
* Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. The Amsterdam Exchanges Index hit its highest today in almost 19 years.
- Reuters - UK Focus
Russia set for long-term partnership with OPEC, says Gazprom Neft
- Reuters - UK Focus
Shell-Gazprom Neft JV gets West Siberia licence
Shell and Russia's Gazprom Neft have expanded their Russian joint venture by acquiring a licence for exploration and production of conventional hydrocarbon reserves in West Siberia, the two companies said on Friday. The JV, Salym Petroleum Development (SPD), will get the Salymsky 2 block in the Khanty Mansiisk Autonomous Region.
- Reuters
Royal Dutch Shell signs MoU with China's CNOOC to build 260,000 T polycarbonate plant
BEIJING/GUANGZHOU (Reuters) - Royal Dutch Shell signed a memorandum of understanding (MoU) with China National Offshore Oil Corp (CNOOC) to build its first commercial-scale polycarbonate production plant in the southern Chinese city of Huizhou. Polycarbonate is a transparent and impact-resistant polymer, widely used to make vehicle headlights and LED spotlights.
- Fool.co.uk
Forget Cash ISAs and the Lloyds Bank share price! I’d invest in this high dividend FTSE 100 stock
I like it for its stability and high income compared to other FTSE 100 companies.The post Forget Cash ISAs and the Lloyds Bank share price! I’d invest in this high dividend FTSE 100 stock appeared first on The Motley Fool UK.
- Oilprice.com
Shell Aims For Dominance In $325 Billion Aviation Fuel Market
Shell thinks aviation fuel will be one of the critical growth areas to explore, as ground vehicle transportation fuel and other segments are expected to decline over time
- Fool.co.uk
Alert! I think these 3 FTSE 100 stocks are undervalued
Value investors: are shares in HSBC, Legal & General, and Shell now a bargain?
- Fool.co.uk
Forget oil price falls! I think a portfolio needs Royal Dutch Shell
Despite the recent crash in oil prices, you should get yourself some dividend-paying Royal Dutch Shell shares.
- Yahoo Finance UK
Sadiq Khan-backed renewable energy company London Power launches
London Power, which will provide affordable green energy to Londoners, is a joint venture between City Hall and Octopus Energy.
- Fool.co.uk
Why I think BP and Royal Dutch Shell are top income stocks even as the oil price falls
Harvey Jones says Middle East tensions are having little impact on the shares prices of BP plc (LON: BP) and Royal Dutch Shell (LON: RDSB).
- Reuters
Exclusive: Royal Dutch Shell seeking buyer for Anacortes, Washington refinery - sources
Royal Dutch Shell Plc is looking to sell its oil refinery in Anacortes, Washington, according to three people familiar with the matter. If completed, this and other asset sales currently underway would reduce Shell's North American refining operations to large plants on the U.S. Gulf Coast, said the people, speaking on condition of anonymity as the talks are private. Oil and gas major Shell has publicly committed to selling more than $5 billion (3.8 billion pounds) of assets per year in 2019 and 2020.
- Reuters - UK Focus
LIVE MARKETS-Closing snapshot: Flirting with record highs
* U.S. and Iran signal desire to avoid further conflict * China to sign U.S. trade deal in Washington next week * UK retailers in focus: M&S down 10% after Xmas update, Tesco up * Tech leads broad based rally, oil stocks underperform Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: rm://danilo.masoni.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: FLIRTING WITH RECORD HIGHS (1659 GMT) The STOXX 600 hit another record high during the session at 421.43 points before losing just a bit of steam and closing at 419.64 points. Wall Street is also currently hitting record highs as traders cheer easing tensions in the Middle East and on-going optimism about the U.S.-China trade deal.
- Bloomberg
Shell Brings Fuel to Mexico in Push for 15% of Retail Market
(Bloomberg) -- Royal Dutch Shell Plc is seeking a bigger share of Mexico’s fuel market, even as regulatory changes make it harder for foreign companies to compete.The Anglo-Dutch oil major, which already owns about 200 gasoline stations in 12 states in Mexico, plans to grow its share of the retail fuel market to as much as 15% from 1% now. The company also plans to import more of the fuel it sells in Mexico, the bulk of which it continues to buy from state-owned Petroleos Mexicanos. Today, about 30% of that fuel is imported by train into the state of Guanajuato.“When you think of the market in Mexico we have the chance of being fully integrated,” Murray Fonseca, Shell’s downstream director for Mexico, said in an interview. “If the conditions stay the same, Mexico will become a heartland for Shell.”The company’s investments come as the leftist government of Andres Manuel Lopez Obrador has sought to bolster Pemex’s position in the sector, while dialing back the prior administration’s free-market reforms. Under his government, Mexico has moved to roll back regulations designed to level the playing field against Pemex, and has slowed the process for approving fuel-import permits.$1 Billion InvestmentWhile analysts have raised concerns that the changes could stifle foreign investment, Shell is staying the course.“We’re not thinking about pulling back,” Fonseca said. “As a matter of fact, we’re planning to invest more heavily in 2020 than we did in 2019.”Eventually, Shell expects to produce oil in Mexico, having snapped up 11 blocks in the country’s most competitive offshore oil auctions, and transport it to the company’s U.S. refineries for processing. Shell would then sell the refined product back to Mexicans.The company also aims to have 1,500 service stations open in Mexico over the next five years and is looking to launch its first electric car charging station in Mexico this year, said Fonseca. It plans to invest about $1 billion in the coming decade in service stations and other infrastructure, and aims to double the number of employees in its fuel retail business in Mexico over the next five years.Shell’s plan to boost fuel imports relies on the opening this year of two new terminals in Tuxpan and Tula owned by Mexico City-based Invex, which will bring its product by ship from its Deer Park, Texas, refinery complex on the U.S. Gulf Coast, a joint venture between Shell and PMI, Pemex’s trading arm, and other refineries on the Gulf coast. The company began importing by rail last year.Even so, Mexico’s lack of energy infrastructure and market uncertainties could affect whether Shell succeeds in increasing imports. While foreign companies including BP Plc, Chevron Corp and Exxon Mobil Corp have begun bringing in their own fuel, many gasoline retailers continue to rely on Pemex for the bulk of their supply needs because it owns the vast majority of storage terminals and pipelines.“We need to take a look at it on an almost month-by-month basis,” Fonseca said. “But rest assured, we’re going to increase the supply envelope.”(Adds additional information on Shell’s fuel retail business in eighth paragraph. An earlier version corrected a company statement about the percentage of fuel Shell imports into Mexico, in second paragraph.)To contact the reporter on this story: Amy Stillman in Mexico City at astillman7@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Jessica SummersFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
- Reuters
Shell's New Energies boss Gainsborough to step down
Royal Dutch Shell's New Energies boss Mark Gainsborough will step down in April and be replaced by Elisabeth Brinton, who joined the business in 2018 and will oversee the company's plans to expand its low-carbon and power business. Gainsborough, a 39-year Shell veteran, set up Shell's New Energies four years ago as the oil and gas company faces heavy investor pressure to meet the 2015 Paris climate agreement to limit global warming. A Shell spokeswoman confirmed the moves.
