Shell (RDS.A, RDS.B) is more likely to sell its ~A$7.1B stake in Woodside Petroleum into any...


Shell (RDS.A, RDS.B) is more likely to sell its ~A$7.1B stake in Woodside Petroleum into any significant share price strength on the back of the special dividend just announced by Australia's top oil producer, Macquarie says. Selling now would provide a timely injection of cash for Shell at a time when it’s spending billions of dollars on new facilities in Australia to produce LNG for export.

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Comments (2)
  • chuck lewis
    , contributor
    Comments (436) | Send Message
     
    Editor The Lewis Letter
    Shell's smart management has a tail wind in making these decisions, stock undervalued compared to its peers. In my model portfolio with Chevron, Conoco Phillips, Phillips66. Grand slam.
    23 Apr 2013, 12:09 PM Reply Like
  • Sunshine123
    , contributor
    Comments (1118) | Send Message
     
    Chuck - Thanks much for your opinion on RDS. I too own the grand slam. It is great to know that something is going right.
    24 Apr 2013, 09:56 AM Reply Like
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