Latest news with #Shell
Yahoo
9 hours ago
- Business
- Yahoo
Landslides Leave Big Sur's Beloved Landmarks Fighting for Survival
BIG SUR, Calif.—Hillary Lipman looked out from a gas station at the nearly empty California Highway 1 and shook his head in frustration over a road closure that has dragged into a third year. Business at his Shell station has dropped as much as 80% since the first of a series of landslides shut off the southern access to Big Sur in January 2023. The current closure is the longest anyone here can remember, and state officials offer no hope for reopening until at least the fall.
Yahoo
9 hours ago
- Business
- Yahoo
Shell plc (LON:SHEL) is largely controlled by institutional shareholders who own 67% of the company
Given the large stake in the stock by institutions, Shell's stock price might be vulnerable to their trading decisions 40% of the business is held by the top 25 shareholders Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of Shell plc (LON:SHEL), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 67% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. In the chart below, we zoom in on the different ownership groups of Shell. View our latest analysis for Shell Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. We can see that Shell does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Shell's historic earnings and revenue below, but keep in mind there's always more to the story. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Shell. The company's largest shareholder is BlackRock, Inc., with ownership of 8.2%. For context, the second largest shareholder holds about 5.2% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own less than 1% of Shell plc. But they may have an indirect interest through a corporate structure that we haven't picked up on. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own UK£19m worth of shares. Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 30% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that Shell is showing 1 warning sign in our investment analysis , you should know about... If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
9 hours ago
- Business
- Yahoo
Shell plc (LON:SHEL) is largely controlled by institutional shareholders who own 67% of the company
Given the large stake in the stock by institutions, Shell's stock price might be vulnerable to their trading decisions 40% of the business is held by the top 25 shareholders Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of Shell plc (LON:SHEL), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 67% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. In the chart below, we zoom in on the different ownership groups of Shell. View our latest analysis for Shell Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. We can see that Shell does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Shell's historic earnings and revenue below, but keep in mind there's always more to the story. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Shell. The company's largest shareholder is BlackRock, Inc., with ownership of 8.2%. For context, the second largest shareholder holds about 5.2% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own less than 1% of Shell plc. But they may have an indirect interest through a corporate structure that we haven't picked up on. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own UK£19m worth of shares. Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 30% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that Shell is showing 1 warning sign in our investment analysis , you should know about... If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Press and Journal
13 hours ago
- Business
- Press and Journal
Aberdeenshire engineering boss Jim Craig on how he created £10m family business empire
Jim Craig's journey from a hands-on apprentice to the founder of Aberdeen-headquartered JCE Group is a story of determination, family values, and entrepreneurial spirit. Growing up he had a knack for fixing things and showed particular interest in radios. After leaving Torry Academy at the age of 15, he started an apprenticeship which was the start of his journey to building a successful business. Now the 79-year-old is founder and chairman of off-grid and grid-connected renewable energy solutions specialist JCE Group with a turnover of £9.8 million. The dad-of-three always had a 'hankering' to be his own boss but to be able to share it with his family has 'made it all worth it'. During his time at school Jim wasn't entirely sure what career path he wanted to take. But he did know that he had a keen interest in fixing things. It was this which led him to join Dow & Nicholson as an apprentice winder in 1960. He said: 'My father tried to get me to go into engineering but I wasn't very keen on it. 'I dabbled a lot with radios and stuff like that and had a knack for electrical things. So I ignored my father's advice and followed my own gut feeling. 'Dow & Nicholson were seen as the premier electrical company in Aberdeen. 'So I went there and served my time as an apprentice winder.' In the late 1960s Dow & Nicholson was then taken over by mechanical and engineering firm Balfour Kilpatrick. Jim, also dad to Jackie, said: 'My boss at that time was reading things in the P&J, regarding some kind of activity that was going on in the North Sea. He asked if I would like to go and find out about it. 'So they gave me a little white van and I started going around the doors to find out what this activity was.' It was of course the start of the oil and gas industry and Jim found himself speaking to a number of companies including BP and Shell. The company transitioned from quarries and granite manufacturers to the marine oil and gas. Jim, who married Sandra in 1963, said: 'As the momentum grew, so did the amount of companies switching to oil and gas. 'I remember bumping in to Ian Wood as a young lad when he worked for his father's company Wood and Davidson. He was a bit of a hippie then. 'I also saw Jimmy Milne. There was a whole bunch of young, enthusiastic people.' In his mid 20s, Jim became offshore manager for the firm and travelled around the world to places such as Norway and the Middle East describing it as 'an exciting time for a young lad'. By 1979, Jim had 100 people working for him but it was then he started to realise the ambition to be his own boss and a 'hankering' to work for himself. JCE Group was formed and he started to work for Shell, specialising in the explosion proof (EX) business. Turnover for his first year of business was £55,000 with only himself as an employee. Two years later, in 1981, he made the decision to stop working offshore and started his own control engineering business onshore. The great-grandad-of-three said: 'By that time, I felt confident enough because of my connections in the industry. 'I knew a lot of people. I could go knocking on doors, which I had to do to gain business. 'One of the first things was approach an old school pal of mine who was the managing director of Richard Irvin. 'He gave me an office in the Richard Irvin building in the quay and a shed in York Place and we started building control panels.' One of Jim's first members of staff was his daughter Alison Cox who joined straight from school at the age of 16. A short time later Jim was given the opportunity to buy the European assets of American company Crouse-Hinds. To do the deal he and Sandra had to remortgage their home and he admits it's a move that kept him awake for 'many nights'. It was then Jim's son Martin joined the firm. Both Alison and Martin are now joint managing directors of the JCE Group which currently employs 55 people. JCE continued to grow and they made the move to a new factory in Tullos before relocating to Wellheads Industrial Estate in Dyce in 1988. JCE Group was there for 10 years before, in 1999, Jim decided to take another big step for the business. He said: 'We made a decision that we didn't want to pay rent anymore. 'Because we were reasonably well off, we decided to build our own factory in Blackburn Industrial Estate which was new and starting off. 'It's ironic. The industry was dead again as there'd been another crash. 'I remember standing outside with Martin and we looked at this huge building and said, 'are we mad?' 'And we both said, 'no, we're not mad, we're going to carry on'. '26 years later it's the best move we ever made.' The industry recovered and JCE Group became the only EX manufacturer in Scotland. Jim, who is chairman of the Grampian MS Therapy Centre, said: 'We're the only one left and I think we will soon be the only one in the UK. 'Our competition is mainly in Spain and Italy. We're in a niche market. 'EX needs a lot of professionalism, intelligence, and making sure that whatever you do is 100% correct and safe. 'We've been in business since the early 80s, in the EX market, and we've never had one complaint. 'Not even a murmur.' Although Jim turns 80 in September he's got no intentions of stepping back from the business. The keen gardener has hopes one day of his grandchildren taking over the running of the firm. He said: 'We're a true family company. 'It is my intention, my wish, or my hope that the grandchildren within the company will take over from their parents. 'Martin and Alison run the business and I do business development and look after the youngsters. 'As long as I'm happy and healthy I'll still be here.' Jim has come a long way from his time as a young boy growing up in Torry and would always encourage anyone who dreams of starting their own business to give it a go. He said: 'I would congratulate the person and let them know the easiest stage is starting a business. 'The difficulty comes from staying in business. But this is overcome by hard work and keeping on top of cash flow. Try not to borrow and work within your means. 'If you do this, you'll enjoy the experience. 'I really take my hat off to anybody who wants to start a business, because I think everybody should.'
Yahoo
a day ago
- Business
- Yahoo
Voting Rights and Capital
Total Voting Rights In conformity with the Disclosure Guidance and Transparency Rules, we hereby notify the market of the following: Shell plc's capital as at May 30, 2025, consists of 5,946,537,106 ordinary shares of €0.07 each. Shell plc holds no shares in Treasury. The figure, 5,946,537,106, may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Shell plc under the FCA's Disclosure Guidance and Transparency Rules. Note: This announcement is made pursuant to Disclosure Guidance and Transparency Rules 5.6.1 and 5.6.1A and as such, the above figure includes shares purchased by Shell plc as part of its share buy-back programme but not yet cancelled. Enquiries Shell Media RelationsInternational: +44 20 7934 5550 LEI number of Shell plc: 21380068P1DRHMJ8KU70Classification: Total number of voting rights and capital
