Previous 10 | Next 10 |
Oasis Petroleum ([[OAS]], [[OMP]]) says CEO Thomas Nusz has retired from his position and from its board, effective immediately; no explanation is provided.Chairman Douglas Brooks is appointed as to the additional role of CEO while the board conducts a search for a new head; Brooks says he pl...
Oasis Petroleum Announces Retirement of Thomas Nusz and Appointment of Douglas E. Brooks as Chief Executive Officer PR Newswire HOUSTON , Dec. 23, 2020 /PRNewswire/ -- Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") today announced that Thom...
OMP's EBITDA is expected to decline in future years as Oasis Petroleum devotes a significant minority of its capex to the Delaware Basin. At mid-to-high $40s WTI oil, OMP should be able to cover its current distribution for a couple years, but may not be able to in 2023. A distrib...
Marathon Oil, a mainly-US producer, resumed drilling in the third quarter after stopping in the second. Its focus is four major basins: Bakken, Eagle Ford, STACK/SCOOP, and Permian. This $5.6 billion market-cap company also resumed stepped-down dividends at a 1.7% yield. The compa...
We last recommended Oasis Petroleum investors buy the debt, that's since been turned into equity. The company has an impressive portfolio of assets and it should generate strong FCF with the most recent recovery. Going forward, if prices continue their recovery, we expect Oasis Pe...
The stock market broke its losing streak, and MLPs and U.S. midstream came along for the ride this week, bouncing slightly after a rough week, month, quarter and year. The broader midstream index dropped double digits as well in September, bad enough to be the second worst September o...
Penn Virginia is a small company operating in a very oil-rich area of the Eagle Ford shale. The company's production is almost entirely oil, which could prove to be a weakness in today's environment. The company is still able to produce profitably even today. It appears to be ...
Oasis Midstream Partners is boasting an eye-watering 34% distribution yield, which is a clear sign that the market is concerned about it. The company's parent and general partner just entered into bankruptcy protection so there may be some uncertainties about the impact that this will...
SailPoint Technologies Holdings Set to Join S&P MidCap 400; Sally Beauty Holdings to Join S&P SmallCap 600 SailPoint Technologies Holdings Set to Join S&P MidCap 400; Sally Beauty Holdings to Join S&P SmallCap 600 PR Newswire NEW YORK, Sept. 30, 2020 ...
Oasis files for Chapter 11 with the support of 97% of the RBL lenders and 52% of the unsecured noteholders. RBL lenders agree to provide a $450 million DIP consisting of a $150 million new money revolving facility and up to $300 million rollup. The Ad Hoc Group of unsecured noteho...
News, Short Squeeze, Breakout and More Instantly...
Chord Energy Releases 2022 Sustainability Report PR Newswire HOUSTON , Sept. 13, 2023 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord" or the "Company") today announced the release of its 2022 Sustainability Report, which highlights Chord's commit...
Whiting and Oasis Complete Combination, Establishing Chord Energy PR Newswire Chord Energy Is a Scaled Unconventional U.S. Oil Producer with a Premier Williston Basin Acreage Position and Sustainable Free Cash Flow HOUSTON , July 1, 2022 /PRNewswi...
Oasis Petroleum Inc. Declares Special Dividend of $15.00 per Share in connection with its Merger with Whiting PR Newswire HOUSTON , June 16, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis") announced today that its Board of Directors has,...