Thread regarding Shell Oil layoffs

remember june 4, 2019: “Shell’s expected cash delivery creates the potential to distribute $125 billion or more to shareholders (dividends and share buybacks) over the five-year period of 2021-2025 ..... “

but now they hide behind the pandemic and a bogus court cases. old investors have given up. new investors see much more opportunity elsewhere in capable companies with a stable strategy. this thing wont move untill
a) divi is full restored and
b) leadership at the top is completely overhauled

Get rid of Ben and Jessica

Base business performance:

https://www.linkedin.com/pulse/proved-reserves-trends-ioc-super-majors-david-branson?articleId=6650670062103523328

Easy … the answer is BG. BvB should be fired without a golden parachute for that deal.

1. Shell paid with equity, the resulting shares issued collected well over a billion dollars in dividend payments every year.
2. Which leads to the inevitable dividend cut, COVID was just the excuse, the real reason was they had to cut the dividend due to the dilution from the BG deal
3. This also resulted in a high debt level, which after selling the farm Shell can’t get down to a healthy point
4. BG assets were no where as good as publicly advertised, guess this why you do your due diligence, oh wait Shell skipped that steps, woops. (See #3 again)

And the sad part is most GM, VP and EVP’s have no clue about any of this … they have no idea how to run the company, which ultimately is why the share price sucks … well bonuses for everyone (LC only 🤫)

To consider a different lense. The huge proportion of spend dedicated to LNG projects compared to other companies is concerning. They are subject to international overseas trade, so the entire profitability of the projects are subject to things like global carbon border adjustment taxes. Countries are going to start favoring domestic projects like hydrogen over importing natural gas when these tariffs start taking off. Shell has uniquely high exposure to both LNG and international trade.

One of the things we have to consider as well is that majority of the share holders of RDS are Europeans. They probably want less to do with Shell now than ever before just because of oils bad image. This is why all the European majors are lagging behind. Total did better because it didn't cut it's dividend.

Easy:
Dividend cut by 2/3rds
Green hogwash
Focus on everything that loses money, but no focus on the core oil & gas business