23 Nov 2021director interest notice● Neutral
Chord Energy Corp director Marguerite Woung-chapman received 2,916 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Nov 2021substantial holder notice● Neutral
Capital World Investors reported a Chord Energy Corp shareholding of 904,175 shares (4.50% of votes) in a periodic institutional filing.
4 Nov 2021quarterly activities report● Neutral
Chord Energy Corp reported quarterly revenue of $369.0 million and net income of $72.0 million for the period ended 2021-09-30.
4 Nov 2021director interest notice● Neutral
Chord Energy Corp director Douglas E Brooks bought 500 shares on the open market at $123.76.
4 Nov 2021quarterly activities report● Neutral
Oasis Petroleum, now Chord Energy, announced its results for the quarter ended September 30, 2021, in a press release furnished with an 8-K filed November 3, 2021.
2 Nov 2021substantial holder notice● Neutral
Oasis Petroleum Inc., Oasis Petroleum LLC and OMS Holdings reported holding 33,846,032 Oasis Midstream Partners units, 69.6% of the total. The amendment disclosed the October 25, 2021 Crestwood merger and support agreements.
29 Oct 2021director interest notice● Neutral
Chord Energy Corp director Douglas E Brooks bought 625 shares on the open market at $118.75.
28 Oct 2021merger communication● Neutral
Another excerpted filing of the same call discussing the pending Oasis Midstream Partners-Crestwood merger.
28 Oct 2021business combination● Neutral
On October 25, 2021, Oasis, OMP and OMP's general partner signed a merger agreement with Crestwood. Oasis's OMP units convert into $150 million in cash plus Crestwood units, leaving Oasis with about 21.7% of Crestwood, and OMP would owe a $40 million fee on certain terminations.
28 Oct 2021merger communication▲ GoodMajor
Oasis Petroleum, Oasis Midstream Partners LP and Crestwood Equity Partners LP formally signed the merger agreement combining OMP into Crestwood.
27 Oct 2021merger communication● Neutral
Oasis filed the transcript of its October 26, 2021 call on the Oasis Midstream Partners-Crestwood merger, which gave about $160 million in cash and 21.7% of Crestwood. It also gave preliminary Q3 production of 51.8 thousand BOE per day.
26 Oct 2021merger communication▲ GoodMajor
Oasis Petroleum announced that its publicly traded midstream unit, Oasis Midstream Partners LP, would merge into Crestwood Equity Partners LP.
26 Oct 2021quarterly activities report● Neutral
Oasis Petroleum announced that Oasis Midstream Partners agreed to be acquired by Crestwood Equity Partners, with OMS Holdings receiving $150 million in cash for 6,520,944 units plus Crestwood units. It also declared a $0.50 per share quarterly dividend.
22 Oct 2021asset acquisition disposition▲ GoodMajor
Oasis Petroleum completed its roughly $745 million purchase of Williston Basin assets from Diamondback Energy's QEP Energy subsidiary, paying $511.3 million net at closing, and its credit-facility borrowing base rose to $900 million.
5 Aug 2021quarterly activities report● Neutral
Oasis Petroleum filed its 10-Q for the quarter ended June 30, 2021, covering its financial statements, including the March 2021 simplification transaction with Oasis Midstream Partners and its hedging positions.
12 July 2021dividend declaration▲ GoodMajor
Oasis noted its $4.00-per-share special dividend, declared June 29, was payable July 21, 2021 to holders of record on July 9. As a result, the exercise price of its warrants was cut by $4.00 from $94.57 to $90.57.
6 July 2021asset acquisition disposition▲ Good
Oasis Petroleum completed the sale of its remaining Texas Permian Basin upstream assets to Percussion Petroleum Operating II, LLC on June 29, 2021, for $375 million in cash plus up to three $25 million annual earn-outs for 2023 to 2025 if WTI averages above $60 per barrel.
2 July 2021substantial holder notice● Neutral
OMS Holdings, Oasis Petroleum LLC and Oasis Petroleum Inc reported holding 33,846,032 common units of Oasis Midstream Partners LP, a 69.6% stake, after an underwritten offering of units completed on June 29, 2021.
1 July 2021director interest notice● Neutral
Chord Energy Corp 10%+ owner Oasis Petroleum INC. disposed of 4,166,666 shares via option/appreciation-right settlement.
15 June 2021debt financing● Neutral
Oasis Petroleum completed the $400 million bond sale it had priced two weeks earlier.
26 May 2021debt financing● Neutral
Oasis Petroleum priced $400 million of new 2026 bonds to help fund its pending purchase of Williston Basin assets from Diamondback Energy's QEP Energy subsidiary.
21 May 2021material agreement▲ GoodMajor
Oasis Petroleum Permian agreed to sell its remaining Texas Permian Basin assets to Percussion Petroleum Operating II for up to $450.0 million, including $375.0 million cash and earn-outs. Proceeds were to help fund the planned 95,000-acre Williston Basin acquisition from QEP.
20 May 2021substantial holder notice● Neutral
Roger J. Beit, Mark Paley, RM Trading LLC disclosed a new substantial Chord Energy Corp shareholding (5.03% of votes).
7 May 2021quarterly activities report▼ Bad
Chord Energy Corp reported quarterly revenue of $325.4 million and a net loss of $43.6 million for the period ended 2021-03-31.
16 Apr 2021director interest notice● Neutral
Daniel E Brown became a Chord Energy Corp Chief Executive Officer and company insider (initial ownership filing).
16 Apr 2021director interest notice● Neutral
Chord Energy Corp Chief Executive Officer Daniel E Brown received 43,975 shares and a 74,584-share option grant as part of the equity award.
1 Apr 2021substantial holder notice● Neutral
OMS Holdings, Oasis Petroleum LLC and Oasis Petroleum Inc reported holding 37,469,220 common units of Oasis Midstream Partners LP, or 77.1% of its units, after a March 30, 2021 simplification deal.
1 Apr 2021debt financing▲ GoodMajor
Oasis Petroleum completed the sale of its remaining Bobcat and Beartooth midstream interests to Oasis Midstream Partners LP, finishing the simplification announced the previous month.
22 Mar 2021material agreement▲ GoodMajor
Oasis agreed to contribute its remaining 64.7% of Bobcat DevCo and 30% of Beartooth DevCo to Oasis Midstream Partners for $229.0 million cash and 12,949,644 units. The partnership's incentive distribution rights were also cancelled and converted into 1,850,356 units.
19 Mar 2021director interest notice● Neutral
Chord Energy Corp 10%+ owner Oasis Petroleum INC. converted derivative holdings into 13,750,000 shares.