Source: https://www.reuters.com/business/energy/shell-hold-investor-day-march-earlier-than-expected-2024-12-12/#:~:text=The%20capital%20markets%20day%20will,to%20grow%20low%2Dcarbon%20energy. Per Shell, "We are keen to provide insights on what targets and ambitions are post our first sprint," ... note the use of "first sprint", likely means a second sprint will be announced. No surprise.
10 replies (most recent on top)
As I sit here making goals for 2025, I’m surprised how demotivated I am. I cannot believe I have worked so many years for a company that now has as its tagline to close the capital markets gap between our valuation and our US headquartered competitors. That’s so uninspiring. We can’t innovate or disrupt the market like a tech company to drive investors toward us? All we can do is try to be more like someone else (better run and more disciplined) to attempt to have investors pick us over that someone else directly?
What’s certain is that whatever is cooking behind the scenes for some ‘big reveal’ must be far enough along that they’re willing to disclose it as soon as March, but not far enough along to jump ahead of BP’s capital markets day in Feb. if Shell was worried about letting too much time pass between BPs CMD and Shell’s, certainly we’d just jump ahead of them if there wasn’t something big cooking. Shell will be scrambling in Jan and Feb to get that something big ready to disclose.
Please share thoughts here as soon as someone thinks they know what’s cooking in the new year
And a sad thing is Wael will discuss the details of the next job cuts with the markets before he tells his employees.
Another phase of re orgs in the works, heard from credible sources high ups.
Get ready for more cost cutting, it’s all Warl is capable of as it’s easy and he has no vision for the company.
Wael’s already a failure of a CEO, and soon enough Shell will be a failure of a company. Bring on the dog and pony show, it’s not going to change anything…
more like crapital farts day
because the senior LT are high on their own supply
they think firing people and selling assets for 10 cents on the dollar and buying back stock to pad the books for a quarter is going to win over investors. lol. lmao even.
all the competition is doing stuff which actually adds cash producing assets.
So boring and demotivating to hear boosting stock price, pleasing shareholders and beating analyst expectations as the reason to perform at work. Where is our mission that actually inspires? And is bold, instead of just ‘more and cleaner energy’ and ‘managing the energy transition’?
Shell stock was only for dividends and not price. If you wanted price, invest in tech.
If at least Wael can finally get the share prices up, that would be one thing positive coming out of his decisions.