|Bid||67.00 x 1100|
|Ask||0.00 x 900|
|Day's Range||67.51 - 72.40|
|52 Week Range||38.41 - 101.74|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||7.38|
|Earnings Date||Aug 02, 2022 - Aug 08, 2022|
|Forward Dividend & Yield||1.00 (1.47%)|
|Ex-Dividend Date||May 19, 2022|
|1y Target Est||106.29|
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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.
In the Sparta project, located in the US Gulf of Mexico, Equinor (EQNR) will retain a 49% stake, whereas the new operator of the development will be Shell (SHEL).