Previous Close | 106.65 |
Open | 105.00 |
Bid | 75.00 x 900 |
Ask | 109.50 x 800 |
Day's Range | 100.59 - 109.99 |
52 Week Range | 79.31 - 181.34 |
Volume | |
Avg. Volume | 418,791 |
Market Cap | 2.145B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 8.90 |
EPS (TTM) | 12.28 |
Earnings Date | Aug 01, 2022 - Aug 05, 2022 |
Forward Dividend & Yield | 2.34 (2.14%) |
Ex-Dividend Date | May 31, 2022 |
1y Target Est | 204.83 |
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Two oil companies that will control the largest swath of the Williston basin in North Dakota formally closed their merger Friday and unveiled the $6 billion company’s new name. Denver-based Whiting Petroleum merged with Houston-based Oasis Petroleum, creating a new publicly traded oil and gas producer going by the name Chord Energy Corp. Chord’s shares are expected to start trading on the Nasdaq exchange Tuesday under the ticker symbol "CHRD." The companies say the name Chord was inspired by the musical term and reflects the belief that “complementary strengths create something more formidable than either independent entity.”
Also on July 1, the combined company announced the remainder of executives on its senior leadership team as well as its board of directors.
Chord Energy Corporation (NASDAQ: CHRD) ("Chord" or the "Company") today announced the successful completion of the combination of Whiting Petroleum Corporation ("Whiting") and Oasis Petroleum Inc. ("Oasis"), creating a scaled unconventional U.S. oil producer with a premier Williston Basin position with top tier assets across approximately 972,000 net acres, combined first quarter production of 171.1 thousand boepd (historical Oasis has been adjusted for three stream reporting), and enhanced fre