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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (127441)8/24/2022 2:40:41 PM
From: Goose94Read Replies (1) of 202736
 
Shell PLC (SHEL-NY) revisited top pick from Darren Sissons on BNN.ca Market Call Wednesday Aug 24th @ 1200ET

1) An attractive growth dividend currently yielding 3.7 per cent.
2) US$19 billion of share buybacks for 2022.
3) Balance sheet is rapidly de-leveraging. All else being equal, Shell will be net-debt-free by 2024.
4) A renewables pivot that provides optionality.
5) Given its strong balance sheet and high free cash flow Shell, provides a suitable platform to ride the inflation and energy political risk trades.
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