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NASDAQ:CLR News 24 January 2026

Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

CAPE TOWN, Jan 24, 2026, 02:51 SAST Nigeria’s President Bola Tinubu has given the green light to investment-linked incentives for Shell’s Bonga South West deepwater oil project, following talks with CEO Wael Sawan. Sawan indicated a final investment decision could come by 2027, with projected capital and operating costs around $20 billion. Shell is also eyeing Nigeria’s exploration licence round.…
24 January 2026
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Stock Market Today

  • Fortinet (FTNT) Shares Show Potential Undervaluation After Recent Pullback
    January 23, 2026, 11:37 PM EST. Fortinet's (FTNT) share price recently closed at $81.64, reflecting an 8.3% gain over seven days but a 15.7% decline over one year. Despite this, the company's five-year return stands at a strong 182%. A discounted cash flow (DCF) analysis suggests Fortinet shares may be undervalued by about 21%, estimating intrinsic value at $103.67. The DCF model forecasts free cash flow rising from $2.10 billion to around $4.17 billion by 2030. Market reassessment of risk in high-growth software stocks has influenced Fortinet's price volatility. Simply Wall St rates Fortinet's valuation score 4 out of 6, indicating undervaluation based on four of six criteria. Investors are advised to monitor this alongside evolving earnings expectations and perceived risk for a clearer valuation perspective.
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