shares of renewable energy group inc are trading 36 higher in fridays afterhours market following a report that chevron corp is in talks to buy the company bloomberg citing people familiar with the matter reported that the companies were in advanced talks on a deal that would see chevron buy renewable energy group for about 3 billion representatives from the two companies declined to comment according to the report at 536 pm et renewable energy group shares were trading 3444 higher at 5890 a share volume at the time topped 667000 shares the stock finished the days regular session with a 174 gain closing at 4381 a share