Quite high valuation. Around the same as in 1995.. Above 4% dividend is nice. Also about 6% shares buy-back the upcoming years. Would be surprised if total appreciation is less than 10% a year.
I'm waiting on a bigger dip to buy. For now $CVX seems the safer and better stock.
You sold 1000x Shell @ 32,88- right? I would wait a bit longer for a re-entry.