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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (119024)2/12/2022 11:34:23 AM
From: Goose94Read Replies (1) of 202922
 
Shell PLC (SHEL-NY) top pick from Darren Sissons on BNN.ca Market Call Friday Feb 11th @ 1200ET

It is the very definition of a COVID recovery play i.e., return to work, travel and industry returning to pre-COVID utilization levels will drive carbon consumption and an improving financial performance. 2) A growing renewables business, which includes hydrogen, wind and solar will expand meaningfully across a multi-year horizon. 3) COVID forced business model changes, which lowered operating costs, improved the balance sheet and heightened shareholder returns. Shell is currently projected to buyback 6 per cent of shares outstanding in 2022. 4) At current oil prices, free cash flow is an eye-popping 17 per cent.
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