Blockonomi

Shell’s $16.4B Acquisition of ARC Resources (ARX) Sends Stock Soaring 20%

Shell acquires ARC Resources (ARX) for $16.4B in cash and stock, sending shares up 20%. Deal adds 370K boe/d production from ...
Seeking Alpha

Shell: Single-Digit P/E With Share-Price Momentum, A FCF Stalwart

Shell has outperformed the US Select Sector SPDR Energy ETF so far this year, benefiting from rising global oil prices. Shell reported strong Q1 results, with non-GAAP EPS beating estimates, as it ...
New York Post

Shell denies it’s in talks to buy rival BP in potential blockbuster oil deal

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 ...
CNN

Shell denies reports it is in talks to take over BP

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,” the company said ...
CNBC

Oil giant Shell posts profit beat, keeps share buyback pace steady at $3.5 billion

Shell posted second-quarter profit of $4.26 billion, beating analyst expectations, and said it would buy back $3.5 billion of shares over the coming three months. The results come shortly after the ...
CNBC

Oil giant Shell launches another $3.5 billion share buyback as profit beats expectations

Shell on Thursday reported stronger-than-expected third-quarter profit, citing a robust operational performance. The London-listed company launched another $3.5 billion in share buybacks over the next ...