Renewable Energy Group Stock News

The second largest oil company in the United States is buying an Iowa-based renewable fuels company in an all-cash transaction valued at $3.15 billion. Chevron announced Monday it’s purchasing Renewable Energy Group (REG) out of Ames at $61.50 per share. A press release from Chevron says the acquisition combines REG’s growing renewable fuels production and […]

Renewable Energy Group (REGI) delivered earnings and revenue surprises of 24.10% and 5.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stoc

Wall Street cheers news that Chevron Corp. is inking a deal to buy Renewable Energy Group Inc., saying that the energy giant would get a commanding lead in biofuels, a crucial piece for the transition

U.S. energy major Chevron will acquire the outstanding shares of renewable fuels firm Renewable Energy Group for $3.15 billion in cash. The post Chevron buys Renewable Energy Group appeared first on Offshore Energy .

Renewable Energy press release (REGI): Q4 GAAP EPS of $1.03 beats by $0.22.Revenue of $882M (+60.9% Y/Y) beats by $78.49M.Shares -0.7% PM.Adjusted EBITDA of $57 million.Raised…

Renewable Energy Group (REGI) delivered earnings and revenue surprises of 24.10% and 5.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stoc

Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) have announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at US$3.15 billion, or US$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. Latham & Watkins LLP represents REG in the transaction with a corporate deal team led by Chicago partners Bradley Faris and Mark Gerstein and New York partner David Owen, with associates Sean Parish, Aidan Milstead, Andrew James, Micah Kamoe, Autumn The post Latham & Watkins Advises Renewable Energy Group in US$3.15 Billion Acquisition by Chevron appeared first on Legal Desire .

An oil and gas giant wants to buy the biodiesel maker for more than $3 billion.

An oil and gas giant wants to buy the biodiesel maker for more than $3 billion.

The acquisition is said to stem from the oil and gas industry's recent initiatives to produce cleaner sources of energy.

Chevron, the second-biggest U.S. oil and gas producer, said it would pay $61.5 in cash for each share of Renewable Energy, a premium of over 40% to the company’s close on Feb. 25.

U.S. stocks traded lower in another volatile session toward the end of trading on Monday, amid the ongoing Russia-Ukraine conflict, which has led to increased U.S. sanctions on Russia. The Dow traded

Gainers: Renewable Energy Group (REGI) +40%. NextDecade Corporation (NEXT) +18%

Chevron Corp has tapped Paul, Weiss, Rifkind, Wharton & Garrison to lead its $3.15 billion acquisition of Renewable Energy Group Inc (REG), which hired Latham & Watkins for the deal.

An oil and gas giant wants to buy the biodiesel maker for more than $3 billion.