Renewable Energy Group Stock News

Merger activity increased last week with six new deals announced and six deals completed. Three of the six new deals announced were potential deals in the works. Healthcare Trust of America (NYSE: HTA ) Founded in 2006, Healthcare Trust of America is a healthcare focused REIT and the largest operator of dedicated medical office buildings (MOB) in the United States. The company owns real estate though 461 on-campus and off-campus properties around hospitals and Universities in 32 states. We added HTA to our ‘Deals in the Works‘ tool on October 6, 2021, when Bloomberg reported that activist investor Elliott Investment Management was pushing for the company to launch a strategic review that included a potential sale of the company. The price of HTA was $30.02 before the announcement. On February 28, 2022 HTA announced that it is combining with Healthcare Realty Trust Incorporated (NYSE: HR ) in a cash plus stock deal. We wrote the following about HTA for our October 2021 Mid-Month Update: HTA has performed admirably through the COVID-19 pandemic as demand for medical office buildings remained strong.

Higher oil prices are a boon for these oil stocks.

Investors need to pay close attention to Renewable Energy Group (REGI) stock based on the movements in the options market lately.

Upgrades According to Susquehanna, the prior rating for Knight-Swift Transportation Holdings Inc (NYSE:KNX) was changed from Neutral to Positive. Knight-Swift earned $1.61 in the fourth quarter, compa

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Renewable Energy Group, Inc. (NasdaqGS: REGI) to Chevron Corporation (NYSE: CVX). Under the terms of the proposed transaction, shareholders of Renewable will receive only $61.50 in cash for each share of Renewable that they own. KSF is seeking to determine whether this consideration and the process that led to

Chevron benefited from rising oil prices, but that wasn't the only reason investors were excited about the oil giant.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Renewable En

Upgrades For Douglas Emmett Inc (NYSE:DEI), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. For the fourth quarter, Douglas Emmett had an EPS of $0.48, compared to year-ago q

Upgrades Barclays upgraded the previous rating for Equitrans Midstream Corp (NYSE:ETRN) from Underweight to Equal-Weight. Equitrans Midstream earned $0.07 in the fourth quarter, compared to $0.31 in

Chevron Corporation (CVX) bets big on renewable power as it is set to acquire Renewable Energy Group Inc (REGI) in an all-cash deal for $3.15 billion.

Chevron and Renewable Energy Group have been highlighted in this Analyst Blog.

Energy major Chevron Corporation and Renewable Energy Group, Inc. (REG) has announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share. The acquisition combines REG’s growing renewable fuels production and leading feedstock capabilities with Chevron’s large manufacturing, distribution, and commercial marketing position. REG is leading the energy and transportation industries’ transition to sustainability by converting renewable resources into high-quality, sustainable fuels. Mike Wirth, Chairman and CEO, Chevron, said that “REG was a founder of the renewable fuels industry and has been a leading innovator ever since,” “Together, we can grow more quickly and efficiently than either could on its own.” Meanwhile, the transaction is expected to accelerate progress toward Chevron’s goal to grow renewable fuels production capacity to 100,000 barrels per day by 2030 and bring additional feedstock supplies and pre-treatment facilities.

Chevron Corporation (CVX) bets big on renewable power as it is set to acquire Renewable Energy Group Inc (REGI) in an all-cash deal for $3.15 billion.

Chevron Corporation and Renewable Energy Group, Inc. (REG) announced …