OP Corporate Bank on Friday raised the price target for Finnish oil refiner Neste (NESTE.HE) to 43 euros from 40 euros and affirmed its buy rating.
What else is happening in Equities?
Equities
Shell to Sell Interest in US Gas Turbine Power Plant for $715 Million
Shell (SHEL.L, SHELL.AS) said Thursday it agreed to divest its interests in a gas turbine power plant in the US to energy production company Constellation Energy Generation for $715 million.The European oil and gas company's Shell Energy North America (US) subsidiary will transfer the interests in Risec Holdings, which owns the 609-megawatt, two-unit combined cycle gas turbine power plant, as part of the transaction.Completion is expected in the first quarter of 2027, subject to regulatory approvals.
$SHEL.L$SHELL.AS
Equities
Shell Unit to Acquire 169-MW Hunlock Power Plant in US
Shell (SHEL.L, SHELL.AS) said Thursday its subsidiary Shell Energy North America agreed to acquire 100% of Hunlock Creek Generating LLC, which owns 169 megawatts of natural gas-fired generation capacity in Pennsylvania, US.Owned by Riverview Power Holdings LLC, Hunlock comprises a two-unit, 125-megawatt combined-cycle power plant and a 44-megawatt simple-cycle peaking plant.The acquisition is expected to boost the Shell unit's access to power supply and capacity offtake in the Mid-Atlantic grid operated by PJM Interconnection, the biggest wholesale electricity market and grid operator in the US.
$SHEL.L$SHELL.AS
Equities
Magnolia Oil & Gas Completes Wildfire Energy Acquisition
Magnolia Oil & Gas (MGY) said on Thursday that it has completed its previously announced $4.06 billion acquisition of WildFire Energy.
$MGY