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Shell plc (SHEL-N)
52 watching
NYSE:SHEL
58.30
0.67
(1.16%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Feb 3, 2023, 9:00 pm
0
PAST TOP PICK
(A Top Pick Feb 11/22, Up 12%) Done well considering how the oil price has retraced. Pleased that it's moving into natural gas, hydrogen products and ESG in general. Is doing share buybacks. Happy to hold it.
0
$59.610
Owned
HOLD
In the face of a recession? Energy stocks are still trading higher when you look at the 200-day MA. Still likes and owns. Still sees very steady global oil demand, continues to outstrip supply. In 2022, US drew down 37% from reserves, which will need to be replenished. Oil inventories are generally low. Companies are focused on enhancing shareholder value. Industry-wide underinvestment. China's reopening can be a catalyst as well.
0
TOP PICK
Stockchase Research Editor: Michael O'Reilly SHEL is the ideal international diversified energy play, operating in over 70 countries, in everything from wind farms to renewable natural gas. It trades at 5x earnings and 1.1x book value and supports a ROE of 23%. The company has been prudently using some of its cash reserves to aggressively retire debt and buy back shares. It pays a good dividend, backed by a payout ratio under 20% of cash flow. We recommend placing a stop-loss at $52, looking to achieve $68 -- upside over 20%. Yield 3.54% (Analysts’ price target is $67.69)
0
BUY
Decent valuation. Energy is his largest sector weighting. Energy prices should remain firm, in spite of volatility, given disruption from the war in Ukraine. If China backs away from zero-Covid, energy and that economy can move up. Strategic oil reserve has been depleted. Demand steady, supply weak. Focused on returning cash to shareholders.
0
BUY
Likes energy. Complete underinvestment in the energy space, so companies are returning capital to shareholders.
0
BUY
It warned about profits yesterday, but they will still make a ton of money. You definitely want to be overweight energy. She holds 16% in her portfolio. Energy still has the lowest PE among the S&P sectors and 6.5% forward earnings growth.
0
BUY
Given the cashflows and potential to raise dividends and do buybacks, you have to add large-cap, European integrated companies. Favours them over Canada, excluding SU, as they're not subject to the WCS discount. Great total return story the next few years. You could also look at BP or TTE. He'd buy here.
0
TOP PICK
ESG mandate is pushing energy companies into the sin stock category. So the valuation is coming down, yields are rising, total return story will be attractive. Aggressively buying back stock. Very good management. Not concerned by risk of product spillage impacting share price. Yield is 3.67%. (Analysts’ price target is $68.96)
0
PAST TOP PICK
(A Top Pick Jun 30/22, Down 8.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with SHEL has triggered its stop at $48. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 3%, when combined with the previous buy recommendations.
0
TOP PICK
Stockchase Research Editor: Michael O'Reilly We again reiterate SHEL as a TOP PICK. With energy again being viewed as strategic asset, especially within Europe, the company is well positioned. It trades at 9x earnings compared to peers at 13x and is valued at only 1.2x book. It pays a good dividend, backed by a payout ratio under 40% of cashflow. We like how management has focused on aggressively retiring debt and buying back shares, while still building on cash reserves. We recommend trailing up the stop (from $45) to $48, looking achieve $70 -- upside potential over 33%. Yield 3.76% (Analysts’ price target is $69.64)
0
TOP PICK
Oil price pullback is now an opportunity. Shell is a large integrated oil/gas company with a large LNG business and chain of fuel stations around the world (70 countries). Last month, they reported their highest quarterly profit since 2008 and will raise their dividend. Strong cash flow, trades at 5x projected earnings, and pays a 4% dividend yield. (Analysts’ price target is $69.46)
0
TOP PICK
Expecting dividend growth and share buybacks with supply shortage in energy prices.
Large amounts of cash flow and healthy financial metrics.
Large renewable portfolio which will also propel growth.
0
COMMENT
options Energy amounts to 30% of his holdings. He bought more Shell today because he saw some unusual action in the options market. The price of crdue may not be doing much, but there is certainly options action in it. He'll keep buying energy.
0
TOP PICK
Stockchase Research Editor: Michael O'Reilly With the largest liquified natural gas portfolio and network of service stations, SHEL is ideally situated to benefit from global energy rebalancing caused by the conflict in Ukraine and is reiterated again as a TOP PICK. Recently reported earnings beat analyst expectations and support a good 14% ROE. It trades at only 1.25x book value. It pays a good dividend backed by a payout ratio under 35% of cash flow. We like how it has built up cash reserves while aggressively retiring debt and buying back shares. We continue to recommend a stop loss at $45, looking to achieve $69.50 -- upside potential over 28%. Yield 3.32% (Analysts’ price target is $69.39)
0
PAST TOP PICK
(A Top Pick Apr 23/21, Up 52%) Still likes the name, as the transition to renewables story is not fully fleshed out. It's had such a huge run, at these levels he'd be wary of having it overweight. He'd trim a bit. Dividend is safe and will grow. Oil will be around for a long time. For new clients, he might buy a half position.
0
Shell plc(SHEL-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 9
Shell plc(SHEL-N) Frequently Asked Questions
What is Shell plc stock symbol?
Shell plc is a American stock, trading under the symbol SHEL-N on the New York Stock Exchange (SHEL). It is usually referred to as NYSE:SHEL or SHEL-N
Is Shell plc a buy or a sell?
In the last year, 9 stock analysts published opinions about SHEL-N. 8 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Shell plc.
Is Shell plc a good investment or a top pick?
Shell plc was recommended as a Top Pick by on . Read the latest stock experts ratings for Shell plc.
Why is Shell plc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Shell plc worth watching?
9 stock analysts on Stockchase covered Shell plc In the last year. It is a trending stock that is worth watching.
What is Shell plc stock price?
On 2023-02-03, Shell plc (SHEL-N) stock closed at a price of $58.3.
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