The overhang of windfall tax i

2023-01-07

The overhang of windfall tax is cleared. Imho, 2b is not a hefty price tag and it does generate goodwill at times when people are suffering from high electricy / gas prices. On top of that, take note of Shell's stellar LNG business. It is here to stay for decades to come.

The share went up 3% on Friday. I will continue monitoring European oil majors $SHELL PLC(RYDAF)$ and $BP PLC(BP)$ given its undemanding PE. Currently I am collecting premium by selling credit put spreads. Work well thus far.

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Comments

onlyYou
2023-01-07
onlyYou
ok
yzyang
2023-01-07
yzyang
Ok
TTH4Legs
2023-01-07
TTH4Legs
.
NewPower
2023-01-07
NewPower
👍
Crabie 861314
2023-01-07
Crabie 861314
Okay
NickKoh
2023-01-07
NickKoh
👍

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I will continue&nbsp;monitoring&nbsp;European oil majors&nbsp;<a href=\"https://ttm.financial/S/RYDAF\">$SHELL PLC(RYDAF)$ </a>&nbsp;and&nbsp;<a href=\"https://ttm.financial/S/BP\">$BP PLC(BP)$ </a>&nbsp;given its undemanding PE. Currently I am collecting premium by selling credit put spreads. &nbsp;Work&nbsp;well thus far.&nbsp;</body></html>","text":"The overhang of windfall tax is cleared. Imho, 2b is not a hefty price tag and it does generate goodwill at times when people are suffering from high electricy / gas prices. On top of that, take note of Shell's stellar LNG business. It is here to stay for decades to come. The share went up 3% on Friday. I will continue monitoring European oil majors $SHELL PLC(RYDAF)$ and $BP PLC(BP)$ given its undemanding PE. Currently I am collecting premium by selling credit put spreads. 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