Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...
BPBP stock posted volatile gains in Wednesday's stock market on reports ShellSHEL is in "early talks" to acquire the oil and gas producer that is currently valued at about $80 billion. If the deal ...
A recent attempt by BP to shift its strategy to focus more on oil and gas production over renewables was not warmly greeted by investors BP's stock rallied on Wednesday, and shares of Shell fell, ...
New York (CNN) — Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over rival company BP. “This is further market speculation. No talks are taking place,” ...
Shell’s downgrade reflects what BofA sees as constrained valuation appeal. The company retains strong balance sheet headroom, ...
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...
On this episode of Stock Movers: - H&M profit was buoyed by tighter cost control and demand for its women’s fashion and sportswear ranges in the second quarter, a sign Chief Executive Officer Daniel ...
The blue-chip index FTSE 100 declined 0.5% and the British GBP/USD was flat against the dollar, remaining above 1.33. The DAX index in Germany rose 0.7%, and the CAC 40 in France declined 0.1%. Get ...
LONDON (AP) — British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire ...
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