Welcome to our dedicated page for S&P Global news (Ticker: SPGI), a resource for investors and traders seeking the latest updates and insights on S&P Global stock.
S&P Global Inc. reports company news across data, benchmarks and analytics for capital, commodity and automotive markets. Coverage includes its credit ratings and market intelligence businesses, S&P Global Energy and Platts price assessments, and S&P Global Mobility products such as CARFAX vehicle history reports, listings, car care tools and recall data.
Recurring updates also include investor conference appearances, product and data launches, board and governance changes, and corporate-status developments involving the Mobility division.
S&P Global (NYSE: SPGI) announced that CFO Ewout Steenbergen will speak at the Goldman Sachs 2022 U.S. Financial Services Conference on December 6, 2022, in New York City. The presentation is scheduled for 12:20 p.m. to 12:55 p.m. Eastern Time and will be available via a live webcast. This webcast can be accessed on the company's Investor Relations website shortly after the event and will remain available for replay until March 5, 2023.
S&P Global provides essential intelligence for investment decisions, aiding a range of organizations in evaluating investments and navigating ESG challenges.
The International Fujairah Bunkering & Fuel Oil Forum (FUJCON) will take place in Fujairah from March 13-15, 2023, after being held virtually in 2021. Organized by S&P Global Commodity Insights and supported by the Fujairah Government, this forum is set to attract global stakeholders from oil and maritime sectors. The theme, The Maritime Energy Transition and Future Fuels, will address carbon reduction and future fuel options. Key developments in Fujairah include a new dry-bulk export facility and ADNOC's carbon-efficient LNG plant in design stage.
S&P Global (NYSE: SPGI) announced its strategic direction and growth targets at its Investor Day in New York on Dec. 1, 2022. CEO Douglas L. Peterson highlighted the company's focus on enhancing customer value and plans for sustainable growth across divisions. The medium-term financial targets include 7-9% organic revenue growth, an adjusted operating margin of 48-50%, and annual adjusted diluted EPS growth in the low to mid-teens by 2025-2026. The company also shared division-specific financial targets, emphasizing its commitment to innovation and customer-centric strategies.
S&P Global Commodity Insights has launched a suite of Platts ammonia price assessments based on renewable power pathways as of December 1, 2022. This initiative complements prior 'blue ammonia' assessments, enhancing transparency in hydrogen markets. The company anticipates that low-carbon ammonia could replace 57% of the global conventional ammonia market by 2050, with various applications including shipping fuel. The assessments will be published in the Platts Hydrogen Daily report, reflecting prices in key import regions.
CARFAX Canada has released its annual Year in Rear View, analyzing vehicle history data from the past year. In 2022, the volume of Vehicle History Reports rose by nearly 15%, reflecting Canadians' desire to investigate used vehicles' pasts. Key findings include 1.3 million accident claims totaling $4.8 billion in damages, with $2.6 billion occurring in Ontario. Additionally, there were 800,000 lien instances and over 33,500 weather damage claims reported.
Summary not available.
S&P Global (NYSE: SPGI) announced plans to divest its Engineering Solutions business, a move aimed at streamlining operations post-merger with IHS Markit. CEO Douglas L. Peterson emphasized that this profitable sector has significant growth potential. The divestiture will enable S&P Global to focus on its growth strategy. Currently, the company is confidentially exploring potential buyers for the business. With over 6,000 global customers benefiting from its data and insights, the decision marks a significant evolution for the company.
Summary not available.
Summary not available.
The new S&P Global Commodity Insights analysis reveals significant variations in greenhouse gas (GHG) intensity across North Sea oil and gas assets. In 2021, the average GHG intensity was 12 kgCO2e/boe, but nearly 2/3 of the total production was below average. Notably, UK production was nearly three times more intense than Norway's. Factors affecting intensity include field maturity, electrification, and flaring practices. This model provides essential insights for investors and governments to assess GHG competitiveness in oil and gas sectors.