S&P Global (SPGI) Announces Strategic Innovations and Changes to Upstream Energy Business

S&P Global Inc. (NYSE:SPGI) is one of the Best Fundamental Stocks to Invest in According to Billionaires. On April 24, the company announced strategic innovations and changes to the upstream energy business. This started with a definitive agreement to sell S&P Global Energy’s geoscience and petroleum engineering software portfolio to SLB. Additionally, S&P Global Energy plans to roll-out AI-powered upstream data platform called Titan. This will help transform how the customers discover, analyze, and act on high-quality data and insights.

S&P Global (SPGI) Announces Strategic Innovations and Changes to Upstream Energy Business

Titan is expected to serve an estimated 110,000 users throughout 4,000 client organizations, spanning individual analysts to global enterprises. Titan is slated for full commercial rollout later this year, since it is in beta testing currently with select customers.

In a separate release, Wells Fargo reduced its price objective on S&P Global Inc. (NYSE:SPGI)s stock to $525 from $530, while keeping an “Overweight” rating.

S&P Global Inc. (NYSE:SPGI) is engaged in offering benchmarks, data, analytics, and workflow solutions across global capital, energy and commodity, and automotive markets.

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