Shell Oil's Annual Report for 2005  

Goldenhairgodess 64F
471 posts
4/17/2006 2:29 am

Last Read:
5/6/2006 8:25 am

Shell Oil's Annual Report for 2005

___From Shell Oil's Annual Report for 2005_______

Total Revenues:

_2005 $306.7 billion/Compared to: 2004 $266.4
_______________Up by 40.3 billion______________

Income for 2005 $26.3 billion/ for 2004 $19.3

____________Up by 7 billion______________________

Total assets less total liabilities

_2005 $97,924 million/ for 2004 $91,383_______

__________Up by $6,541 million___________________

Dividends paid to shareholders:

_2005 $10,566 million/ for 2004 $7,391 million__

_______________Up by $3,165_______________________

I do not believe for one minute all of this profit is an accidental "windfall" due to circumstances beyond their control, Do you?

hawsman22 42M
1 post
4/17/2006 3:11 am


rm_PurryKitty2 49M/51F
9753 posts
4/17/2006 6:11 am


Purry {=}


fantasylover_05 63M

4/17/2006 6:26 am

Can you spell


roger_the_hound 58M

4/17/2006 6:43 am

You don't understand market forces
And this post ain't horses for courses.
Supply and demand
Does force big oil's hand
While spicing up blogging discourses.

No one is claiming the recent oil industry's profits to be "accidental"! They are a very straight-forward product of the current supply and demand equation. Instability in the Middle East drives prices up as traders invest in futures. The emerging economic giants, India and China, are sucking up more and more of the supply which puts additional price pressure on a resource which is getting more difficult (i.e., more expensive) to find and produce. The oil industry's return on investment from a percentage point-of-view is healthy, not obscene. It's the huge volume that creates the big numbers at which people balk. You also don't seem to realize how much of that profit is reinvested to find more oil and gas. Reserves are the life-blood of the industry and they are beginning to dwindle. The challenge ahead is to supply 2-3 times more energy with less resources in the near future. Prices will continue to go up which will open up more avenues for alternative energy solutions. This is how capitalism is supposed to work.

Ars longa, vita brevis.

papyrina 52F
21133 posts
4/17/2006 6:46 am

while folk freeze as they cannot afford heating fuel,bastards

I'm a

i'm here to stay

RaytownRick 62M

4/17/2006 6:54 am

I do believe it. These guys are great managers, but even they couldn't have earned their shareholders this kind of return. Their income is up over $26,000,000,000.00 due to a huge increase in the price of oil, and natural gas. The individual American shareholders will be paid $10,000,000,000.00 in dividends, which will help our economy tremendously. The managers didn't cause the spot price of oil to rise, that was the circumstance outside of their control. Nigeria is essentially in a state of revolution; Iraq exports to the world are down; Russia can't deliver as much fuel as it can sell; Venzuela is turning increasingly communistic, and production is falling; 34% of the Gulf production damaged by Hurricane Katrina is still not producing. Basically, demand is up, and supply of oil is down--not due to their management, but do to "circumstances beyond their control." These guys are good, but that is their humble way of saying they aren't THAT good.
Production will increase, but it takes a long time--usually a year or two. New wind farms are being built to relieve the stress on the price of natural gas (about 15% of the nation's electricity comes from natural gas.) Drilling is becoming active once again in the US. 92% of all rigs are active this week--and those that aren't are being refurbished as fast as they can be to get them into production. We're searching further, and finding more fuel. If you think they shouldn't make that kind of money, buy their stock--then they'll give that money to you, and you can put it to other uses. I'm proud of our oil industry, and hope to become a shareholder so I can participate in the wealth.
In the mean time, if it bothers you, help relieve the crisis in Nigeria, or campaign for stability in Venzuela, or--quit driving. Either help increase the supply of oil, or decrease the demand. Those are two things that are in YOUR control.

rm_muffin162 57M
763 posts
4/17/2006 7:13 am

Whats wrong with making a profit?

zman631 44M
2 posts
4/17/2006 10:30 am

i'm trying not to look at the pict! and no i don't think that the oil companies don't have a hand in all this dick cheyney is in the white house but to be fair and if you want to present a better case take the last 20 years of stats and look at them including gulf war and the begining of this war until today you might find some interesting stuff.

saddletrampsk 55F

4/17/2006 11:26 am

Great hungry unethical bastards..and I can see more profits for them on the horizon..
Thanks for bringing this to attention..

Goldenhairgodess 64F
396 posts
4/18/2006 6:32 am

Last year at this time the oil prices were rising and one reason given was that 3 refineries were down for scheduled maintainance. Tbat blew me away! Why would they schedule three to be down at the same time? The Oil Companies have more excuses then a Dalmation has spots! I do not begrudge their making a profit-but not to the point that they are right now. The dividends paid to investors is what is left over after their expenses and reinvestments are made.

Goldenhairgodess 64F
396 posts
4/18/2006 7:37 am

"Whats wrong with making a profit?"
The same could be argued concerning the activities of Ennron or of a slum loard-It is wrong when it hurts a major segment of the population to benifit a few.
"including gulf war"
When there was a shortage for real you mean? When gas stations were actually running out? When we were taking turns on alternating days to buy gas after waiting in long lines? Funny, but that is not seeming to happen this time-now that the prices are high and the profits are huge.
"shareholders will be paid $10,000,000,000.00 in dividends"
I agree with saddletrampsk "money hungry unethical bastards"
"buy their stock--then they'll give that money to you,"
Sorry-I can not do so financially, morally or ethically.
"quit driving. Either help increase the supply of oil, or decrease the demand. Those are two things that are in YOUR control."
Even if I never drove-and those who do not drive-We all are paying for the high profits of these companies. Every product, every food purchase-costs everyone more becouse the cost to produce and ship everything is passed on to the consumer. It does not matter if the demand is less-with these high prices the producers are able to wait it out-sooner or later the demand will go up again. I beg all of you-PLEASE BOYCOTT SHELL AND BP. As individuals we are screwed-As a group-we can make a difference!

Goldenhairgodess 64F
396 posts
4/18/2006 9:10 am

For those of you who think I am just ignorant: My most recent classes with the University of Phoenix Online-
MGT/331 ORGANIZATIONAL BEHAVIOR 3UNITS 10/25/2005 11/28/2005 A-
MKT/421 MARKETING 3UNITS 12/06/2005 01/16/2006 B
03/13/2006 B
Current course: Program Design and Proposal Writing.

rm_kelli4u2dew 42F
5220 posts
4/18/2006 11:52 pm

The figures you cite are not the obscene part ... check out the compensation to their retiring chairman. And his lump sum $98 million pension payment after 13 years of service.

They can make a case that they are only responding to market forces and their profit margin is far smaller than Micro$oft (as if that gouging monopoly was a role model of corporate responsibility). What is buried is the robber baron payments to their managment and directors.

$10/gallon by the end of the decade is the prediction.

And who are you, missy, to argue with the priorities of Bush and Cheney? Huh? They have their priorities, and your heresy is not a concern. Invasion of Iran will push the price to $100, $150 a barrel, which will push dividends to ...

rm_muffin162 57M
763 posts
4/19/2006 5:52 pm

As i said whats wrong with making a profit,i have run a small business,which i enjoyed very much,i did not make a fortune out of it,but outsiders assumed that i was making plenty,it is quite a British trait to be jealous of others who seem to be making some money.

I have found that people who lead a comfortable life often come out with B/S statements like the above,trying to tell others to boycott certain companies just because they make some money.

Goldenhairgodess 64F
396 posts
4/21/2006 8:35 am

Hi Muffin;
"I have found that people who lead a comfortable life often come out with B/S statements like the above,"
Which goes to show how wrong stereotyping can be! I have worked in Child Care for 26 years-The lowest paying job requiring a college education. I worked for Non-profit Church Based Schools. My highest pay ever was $11.25 per hour-and I have an A.A. Degree. I am working towards a B.A. now.
My comfort level is based on a clean conscious and the satisfaction of serving my community's interests-not selfish greed!

Goldenhairgodess 64F
396 posts
4/21/2006 5:57 pm

I have a question for RaytownRick;
"34% of the Gulf production damaged by Hurricane Katrina is still not producing." My question is...why are there no news reports concerning any progress being made? I know after the 1994 Northridge Earthquake here in California, the initial estimate of the time to restore the freeway system was 2 years. Yet, when a dedicated effort was made that task was completed in 11 months. How much effort is being made to repair the Katrina damage, and by who? What is the current status of any oil production repair projects?

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