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Chevron to Buy Biofuel Company for $3.15 Billion

05:31pm, Monday, 28'th Feb 2022 The Wall Street Journal
The deal to acquire Renewable Energy Group comes as the oil-and-gas giant seeks to invest more in lower-carbon energy sources.

Renewable Energy Q4 2021 Earnings Preview

05:08pm, Monday, 28'th Feb 2022 Seeking Alpha
Renewable Energy (NASDAQ:REGI) is scheduled to announce Q4 results on Tuesday, Mar. 1, before market open.Consensus EPS estimate is $0.79 and consensus revenue estimate is $803.51M
The acquisition brings a big new player into the industry and will grow Chevron's renewable fuels business.
Shares of Renewable Energy Group Inc (NASDAQ: REGI) are up 35% on Monday after Chevron Corp (NYSE: CVX) said it will buy the biodiesel production company for $3.15 billion in cash to speed up its tran
U.S. stocks opened on a downbeat note this morning, amid the ongoing Russia-Ukraine conflict, which has led to increased US sanctions on Russia. Following the market opening Monday, the Dow traded down 1.38% to 33,587.55 while the NASDAQ fell 0.61% to 13,611.57. The S&P also fell, dropping, 1.12% to 4,335.65. Check out this: Insiders Buy Around $98M Of 3 Stocks Leading and Lagging Sectors Energy shares climbed by 0.8% on Friday. Meanwhile, top gainers in the sector included Renewable Energy Group, Inc. (NASDAQ: REGI ), up 38% and Nordic American Tankers Limited (NYSE: NAT ) up 21%. In trading on Friday, financials shares fell by 2.1%. Top Headline Dentsply Sirona Inc (NASDAQ: XRAY ) reported weaker-than-expected earnings for its fourth quarter. Dentsply Sirona’s Q4 FY21 sales increased 0.6% Y/Y to $1.09 billion, missing the consensus of $1.13 billion. Adjusted EPS decreased to $0.76 from $0.87 a year ago and below the consensus of $0.79. The company said it expects adjusted EPS of $3.05 - $3.25, up 6% -13% Y/Y, compared to the consensus of $3.19.

Why Renewable Energy Group Shares Are Soaring Today

02:44pm, Monday, 28'th Feb 2022 Benzinga
Renewable Energy Group Inc (NASDAQ: REGI ) is trading significantly higher Monday after Chevron Corp (NYSE: CVX ) announced an agreement to acquire the company. Under terms of the deal, Chevron is set to acquire the outstanding shares of Renewable Energy Group in an all-cash transaction valued at $3.15 billion, or $61.50 per share. "REG was a founder of the renewable … Full story available on Benzinga.com
Chevron Corp. agreed to buy green diesel producer Renewable Energy Group Inc. for $3.1 billion in the biggest low-carbon deal of Chief Executive Officer Mike Wirth’s four-year tenure.
Stocks are wavering, to mostly down, in the U.S. as investors grapple with rising uncertainty in global stability and interest rates
Wall Street cheered 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 transitio

Merger Monday Makes a Comeback Even as Markets Move Lower

01:43pm, Monday, 28'th Feb 2022 The Motley Fool
Harsh economic measures on Russia aren't dampening the M&A market's recent burst of activity.
Renewable Energy (REGI) is rising higher on Monday following news that Chevron (CVX) is going to acquire the company for $61.50 per share. The post REGI Stock: 9 Key Things for Renewable Energy Invest

Chevron to Buy Renewable Energy Group

12:21pm, Monday, 28'th Feb 2022
Chevron Corp. (NYSE: CVX) announced on Monday that it has agreed to acquire sustainable fuel producer Renewable Energy Group Inc. (NASDAQ: REGI) for $3.15 billion. The deal is expected to close in the
Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones surged more than 800 points in the previous session. Investors are awaiting earnings results from Jones L
Renewable Energy Group Inc (NASDAQ:REGI) is up 38.8% at $60.80 this morning, after news that Chevron (CVX) will acquire the biofuel name for $61.50 per share in an all-cash deal worth over $3 billion

European renewable energy shares surge

08:34am, Monday, 28'th Feb 2022
European renewable plays surged on Monday, advancing in a retreating market as fossil fuel price jumped. "Policy changes in Germany and the spike in natural gas prices following recent events could no
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