Share tips: Buy into this monster money-spinner

Income seekers should look no further, says Paul Hill. Buy shares in this oil giant now.

As the storm clouds gather ahead of Sunday's Greek elections, sovereign wealth funds like the Qatar Investment Authority (QIA) are pouring billions into blue-chip stocks. In May, QIA bought a big stake in Shell after the oil giant delivered better-than-expected first-quarter results. Here's why you should follow suit.

Underlying earnings surged 16% to $7.3bn with the quarterly dividend nudging up 1 to $0.43. That was thanks to a clutch of development projects that are now bearing fruit. These include Pearl, Shell's flagship $18bn plant in Qatar that converts natural gas into liquid fuels, and the expansion of its oil sands operation in Canada.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.