Yes, there is plenty to hate about Shell right now. It is currently under investigation for rigging petrol prices, and European Commission plans to prevent future commodity market abuse could force up prices. Maybe I’m clutching at straws, but that’s love for you.
Why I Love Royal Dutch Shell plc
Published in Investing on 25 November 2013
Extracts
There is something to love and hate in almost every stock. I still harbour warm thoughts towards Royal Dutch Shell, although sometimes I wonder why.
Shell has taught me the value of patience.
Patience is a virtue, they say. If that’s so, long-term investors in Shell must be very virtuous indeed. The stock is down 2% over the last two years, against a 28% rise in the FTSE 100. It is up just 3% in the past year, against 16% for the index. Shell is the straggler of my portfolio. Yet I simply refuse to believe this will continue.