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Wyndham Hotels & Resorts 3Q Revenue Falls as Profit Rises Amid Acquisition Offer

By Ben Glickman Wyndham Hotels & Resorts's third-quarter revenue fell, but topped expectations as the company resists a takeover attempt from Choice.

Geoff ballottiBen glickmanWyndham hotelsChoice hotelsExecutive geoff ballottiArticle normalLodgings restaurants barsHotels motelsLeisure arts hospitalityFinancial performanceSales figuresOwnership changesAcquisitions mergers shareholdingsPhysical asset transactionsAcquisitions mergersCorporate actions

Chevron and Exxon Might Have Kicked Off an Oil Land Grab

Few sizable targets remain after the oil supermajors’ mega acquisitions, setting off a scramble for what is left

Devon energyExxon mobilChesapeake energySouthwestern energyMarathon oilPioneer naturalWsjfinance marketsOil and gas upstream operationsOil extractionOil and natural gas explorationFossil fuelsIntegrated oil gasOil and gasOwnership changesAcquisitions mergers shareholdingsPhysical asset transactions

Chevron Bets on Peak Green Energy

The oil giant invests $53 billion to acquire Hess’s oil and gas assets.

Brandon bell gettyExxon mobilHess corpPioneer national resourcesGreen energyFossil fuelPeak oilGlobal warmingClimate changeFossil fuelsIntegrated oil gasOil and gasNorth americaUnited statesRegulation government policyOwnership changes

Rubellite Energy Shares Rise on C$34M Asset Acquisition in Alberta

By Adriano Marchese Rubellite Energy shares were higher Friday morning after the company said it has acquired additional oil assets and undeveloped land in.

Figure lakeAdriano marcheseRubellite energySouthern clearwaterArticle normalOil and gas upstream operationsOil explorationOil and gas explorationFossil fuelsOil and gasFinancial performanceShare price movement disruptionsOwnership changesAcquisitions mergers shareholdingsPhysical asset transactionsAcquisitions mergers

Choice Hotels hostile bid for Wyndham may result in a proxy battle, says Truist

Wyndham’s board has unanimously rejected Choice’s hostile bid.

Stephenp holmesIan zaffinoC patrick scholesRadisson hotel group americasChoice hotelsChoice hotels international incWyndham hotels restaurants incWyndham hotelsChoice hotels internationalTruist securitiesTruist tuesdayArticle normalFood beveragesLodgings restaurants barsHotels motelsAlcoholic beverages drinks

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