Previous close | 13.60 |
Open | 13.60 |
Bid | 19.00 |
Ask | 23.60 |
Strike | 165.00 |
Expiry date | 2024-06-21 |
Day's range | 13.60 - 13.60 |
Contract range | N/A |
Volume | |
Open interest | 16 |
Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced today the completion of their previously announced business combination (the "Arrangement"). The Arrangement was approved by Chord and Enerplus shareholders on May 14, 2024 and May 24, 2024, respectively, and received the approval of the Court of King's Bench of Alberta on May 28, 2024.
The shareholders of Chord Energy Corporation (NASD: CHRD) and Enerplus Corporation (TSX: ERF) (NYSE: ERF) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Enerplus will be exchanged for 0.10125 shares of Chord and US$ 1.84 cash. Enerplus will be removed from the S&P/TSX Composite Index prior to the open of trading on May 31, 2024. The shares outstanding of Chord will be increased at the same time to reflect the issuance of shares.
Chord Energy ( NASDAQ:CHRD ) First Quarter 2024 Results Key Financial Results Revenue: US$1.02b (up 22% from 1Q 2023...