21 Apr 2022merger communication▲ Good
Oasis Petroleum and Whiting Petroleum's merger cleared its antitrust waiting period, removing a key regulatory hurdle to closing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 Apr 2022director interest notice● Neutral
Chord Energy Corp Chief Executive Officer Daniel E Brown had 4,326 shares withheld for taxes on vesting stock.
31 Mar 2022merger communication● Neutral
Oasis Petroleum and Whiting Petroleum reported making their antitrust filings and hiring an outside integration consultant for their pending merger, and asked employees to help name the combined company.
17 Mar 2022merger communication● Neutral
Oasis Petroleum and Whiting Petroleum sent employees a joint integration-planning update following their merger announcement.
15 Mar 2022merger communication● Neutral
Oasis Petroleum notified its suppliers about the pending Whiting Petroleum merger, expected to close in the second half of 2022.
8 Mar 2022merger communication▲ GoodMajor
Oasis Petroleum and Whiting Petroleum Corporation formally signed their Agreement and Plan of Merger, with Oasis's board approving a doubling of its authorized shares to 120 million to cover the new stock it will issue.
8 Mar 2022business combination● Neutral
Oasis filed an 8-K on the March 7, 2022 merger agreement with Whiting. Each Whiting share would convert into 0.5774 Oasis shares plus $6.25 cash, Oasis holders would get a special dividend of up to $15.00 per share, and the combined board would have ten members split evenly.
7 Mar 2022merger communication▲ Good
A transcript of the joint Oasis-Whiting call detailing the merger of equals: Whiting shareholders would own about 53% and Oasis shareholders about 47% of the combined company.
7 Mar 2022merger communication▲ Good
Oasis Petroleum's CEO told employees about the newly announced Whiting Petroleum merger of equals: Whiting's Lynn Peterson would become Executive Chair and Oasis's Danny Brown would lead the combined company as President and CEO.
7 Mar 2022merger communication● Neutral
Oasis filed an 8-K on March 7, 2022 attaching the joint press release and investor presentation announcing its $6.0 billion merger of equals with Whiting Petroleum. The combined company was to hold 972K net acres and produce 167.8 thousand boepd.
7 Mar 2022business combination▲ GoodMajor
Oasis Petroleum and Whiting Petroleum Corporation announced a "merger of equals," combining to create a larger Williston Basin operator with about 970,000 net acres and 170,000 barrels of oil equivalent per day of production.
7 Mar 2022merger communication● Neutral
An employee FAQ explaining the mechanics of the Whiting Petroleum "merger of equals" and confirming the 53%/47% Whiting/Oasis ownership split.
14 Feb 2022substantial holder notice● Neutral
Allianz Global Investors U.S. Holdings and Allianz Global Investors GmbH reported owning 0 shares (0.0%) of Oasis Petroleum common stock as of December 31, 2021. The filing indicated they had ceased to hold more than five percent.
11 Feb 2022substantial holder notice● Neutral
Oasis Petroleum and its affiliated entities reported owning no Oasis Midstream Partners units after the partnership's merger with Crestwood closed on February 1, 2022. Their 13D amendment showed 0% of the units.
11 Feb 2022substantial holder notice● Neutral
Lord, Abbett & Co. LLC reported no remaining Chord Energy Corp shareholding in its periodic institutional filing.
11 Feb 2022substantial holder notice● Neutral
Lord Abbett Investment Trust - Lord Abbett Short Duration Income Fund reported no remaining Chord Energy Corp shareholding in its periodic institutional filing.
11 Feb 2022substantial holder notice● Neutral
Oasis Petroleum and four subsidiaries filed a Schedule 13D reporting 20,985,668 Crestwood Equity Partners common units (21.6% of the class). The units were received as consideration when Oasis Midstream Partners merged into Crestwood on February 1, 2022.
11 Feb 2022director interest notice● Neutral
Oasis Petroleum INC. became a Chord Energy Corp 10%+ owner and company insider (initial ownership filing).
10 Feb 2022substantial holder notice● Neutral
Western Asset Management Company, LLC reported a Chord Energy Corp shareholding of 45,042 shares (0.20% of votes) in a periodic institutional filing.
10 Feb 2022substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial Chord Energy Corp shareholding (9.17% of votes).
7 Feb 2022asset acquisition disposition▲ GoodMajor
The Oasis Midstream Partners-Crestwood merger closed: each OMP public unit converted into 0.87 Crestwood units, and Oasis's own units converted into $150 million cash plus Crestwood units, leaving Oasis owning about 21.7% of Crestwood. Oasis also ended a shareholder-rights plan it no longer needed.
7 Feb 2022substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial Chord Energy Corp shareholding (6.50% of votes).
3 Feb 2022director interest notice● Neutral
Chord Energy Corp 10%+ owner Oasis Petroleum INC. disposed of 33,846,032 shares via option/appreciation-right settlement.
20 Jan 2022director interest notice● Neutral
Chord Energy Corp Executive VP, GC & Corp. Sec. Nickolas J Lorentzatos had 1,697 shares withheld for taxes on vesting stock.
20 Jan 2022director interest notice● Neutral
Chord Energy Corp President and COO Taylor L Reid had 2,958 shares withheld for taxes on vesting stock.
20 Jan 2022director interest notice● Neutral
Chord Energy Corp Executive VP and CFO Michael H Lou had 2,765 shares withheld for taxes on vesting stock.
14 Jan 2022substantial holder notice● Neutral
JPMORGAN CHASE & CO reported a Chord Energy Corp shareholding of 2,014,039 shares (10.10% of votes) in a periodic institutional filing.
4 Jan 2022substantial holder notice● Neutral
Oasis Petroleum and its subsidiaries reported holding 33,846,032 common units, or 69.6%, of Oasis Midstream Partners LP in a Schedule 13D amendment that added Oasis Investment Holdings and Oasis Petroleum North America as reporting persons.
29 Dec 2021material agreement● Neutral
Oasis Petroleum amended its post-bankruptcy credit agreement.
23 Nov 2021director interest notice● Neutral
Marguerite Woung-chapman became a Chord Energy Corp director and company insider (initial ownership filing).