Brookfield Strikes $9 Billion Deal For Colonial Pipeline—Shell Offloads Minority Stake Shell PLC sells 16.125% stake in Colonial Enterprises for $1.45B to Brookfield Infrastructure's subsidiary. BIP to acquire Colonial Pipeline for $9B.
Shell Stock Dips On Report Of $1.1B Short Position By Elliott Investment Management — Retail Sentiment Sours According to a report by The Times, which cited filings with the U.K.’s Financial Conduct Authority, Elliott’s position against Shell is the biggest short position disclosed against the oil major in nearly a decade.
Shell Stock Rises On Plans To Boost Shareholder Returns, Retail’s Slightly Less Bullish The oil and gas major said it would raise shareholder distributions to 40% to 50% of cash flow from operations from the earlier 30% to 40% range.
Shell Unveils New Strategy: Higher Buybacks, Cost Cuts And 10% Annual Free Cash Flow Growth Shell PLC revealed updates on its strategy, dividend and buyback plans, cost savings, investments, and emission reduction targets.
Shell Announces Final Investment Decision for Major Brazil Oil Field, Set for 120,000 Barrels/Day Shell's subsidiary made FID for Gato do Mato project in Brazil's pre-salt region, with estimated 370M barrels and expected operation in 2029.
On Sale Now: 20 Blue Chip Stocks to Buy These 20 blue chip companies are the largest traded on U.S. exchanges.
Shell’s Executive Shake-Up And Seasonal Strength – A Buying Opportunity? Investors will be watching closely for the March 25 strategy presentation in New York, which is expected to provide a clearer roadmap for Shell’s energy transition, capital allocation, and growth outlook.
Deal Dispatch: Clock Ticks On TikTok, Raizen Explores Asset Sale, Investors Urge Walgreens To Go Private This week's Deal Dispatch has updates on Raizen, Walgreens, TikTok and Canoo. Plus: the FTC is blocking mergers like it's 2017 again.
Shell Reportedly Mulls Chemical Asset Sales In US, Europe — Will It Sway Retail Bears? The Wall Street Journal report said the review is in its early stages, and Shell has not committed to any final decisions.
What Jon Stewart Got Wrong About Oil Company Subsidies Stewart recently made a claim on his show that promotes a common misconception: “How about we just take $3 billion in subsidies we give to oil and gas companies that turn billions in profits?” Here's what that's inaccurate...
Not Just China: 3 European Stocks Gaining Investor Interest This article introduces readers to four European stocks seeing sharp increases in share value or higher trading volume since the threat of tariffs.
Shell’s Seasonal Strength: Will AI-Driven Oil Demand Fuel The Rally? US oil policy and Middle East tensions is a serious source of oil volatility right now and a major risk to the outlook.
