Recent buy: RDS

Yesterday I've purchased my first shares in 2015! It was finally time for me to pounce on the recent weakness in oil stocks. Currently I have three oil related stocks in my portfolio: Exxon Mobil, Kinder Morgan and Royal Dutch Shell. I decided to add 37 shares to my current position of Royal Dutch Shell for €26.77 per share. This is slightly more than I paid last year in my first purchase of RDS.

My reasoning is as follows:

• Shell is a fundamentally sound company and also important: it's an integrated energy company. Lower oil prices are obviously bad for upstream business (exploration and production) but margins for downstream operations (refineries) are increasing.
• Shell unloaded lots of assets earlier this year (roughly $10 bn) when oil prices were high. Great job by management!
• Shell bought back shares recently when prices were low. Again, great job by management!
• Oil prices will fluctuate. They have so done in the past and will do so in the future. I still see future potential in the oil business (like for 20-30 years or so) before alternatives are economically feasible and provide enough (and stable!) energy. The world's population is growing to 9 billion people and these people need energy. Shell can and will provide these needs.
• The dividend yield of 6% looks awesome!
• I wanted to add to this existing position to take advantage of the DRIP possibility (if that still exists). Usually I would get the opportunity to reinvest my dividend in stock IF the amount would be able to purchase at least 1 share. My former quarterly dividend was not enough to purchase 1 share of RDS: my current quarterly dividend definitely is.
• I wanted to strengthen my EURO-denominated part of the portfolio. Even though the US dollar is getting more expensive, over 80% of my stock portfolio is listed in US dollars. I am not too uncomfortable with that right now, but it still provided me an extra argument in purchasing RDS.

So, these new 37 shares add roughly €60 to my annual forward dividend income which now stands at €866! To put my recent progress into perspective: I expected to earn around €850 in annual dividends in my 4th year of DGI. Right now I can expect this amount of money after just 2.5 years of DGI which means I am more than 1.5 year ahead of my income goals so far. It feels great!

What do you think of my purchase? And my reasoning?