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.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
27 Oct 2021merger communication● Neutral
A duplicate filing of the same call announcing the Oasis Midstream Partners-Crestwood merger, filed under Oasis's subject-company disclosure obligations.
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.
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.
12 July 2021dividend declaration▲ GoodMajor
Oasis Petroleum paid out a $4.00-per-share special dividend, funded by its 2021 asset sales, on top of its new regular dividend.
6 July 2021asset acquisition disposition▲ Good
Oasis Petroleum closed the first piece of its planned Permian Basin exit, selling assets to Percussion Petroleum Operating II, LLC.
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 agreed to sell its entire Permian Basin position - the acreage it entered via its 2018 Forge Energy deal - to Percussion Petroleum Operating II, LLC and others for up to $481 million, refocusing entirely on the Williston Basin.
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 Petroleum agreed to sell its remaining stake in its Bobcat and Beartooth midstream gathering systems to Oasis Midstream Partners LP for about $510 million in cash and units, give up its special payout rights in the partnership, and authorized a new $100 million share buyback on top of its new dividend.
25 Feb 2021debt financing▲ GoodMajor
Having emerged from Chapter 11 bankruptcy in late 2020, Oasis Petroleum reported a strengthened balance sheet, reduced revolver debt, and declared its first-ever dividend ($1.50/share annualized) - the turnaround after its restructuring.
20 Nov 2020listing compliance notice▲ GoodMajor
the exchange certified Chord Energy Corp's securities for listing, clearing them to begin trading.
27 Oct 2020listing compliance notice● NeutralMajor
Chord Energy Corp's exchange filed to remove a class of its securities from listing.
8 Oct 2020debt financing● NeutralMajor
Oasis Petroleum arranged debtor-in-possession financing with Wells Fargo to keep operating while it worked through its Chapter 11 bankruptcy case.
2 Oct 2020listing compliance notice▼ BadMajor
Oasis Petroleum and its affiliates filed for Chapter 11 bankruptcy protection on September 30, 2020, triggering the delisting of its stock.
21 Sept 2020debt financing▼ BadMajor
Oasis Petroleum and its lenders agreed to unwind the company's hedging positions, a step taken in the run-up to its Chapter 11 filing.
10 Aug 2020listing compliance notice▼ BadMajor
Nasdaq notified Oasis Petroleum that its stock no longer met listing requirements, another marker of the distress that preceded its bankruptcy filing weeks later.
30 Apr 2020debt financing▼ BadMajor
As oil prices collapsed in early 2020, Oasis Petroleum's lenders granted it a waiver and amended its credit agreement - an early sign of the financial strain that would lead to bankruptcy later that year.
23 Dec 2019listing compliance notice▲ GoodMajor
the exchange certified Chord Energy Corp's securities for listing, clearing them to begin trading.
23 Dec 2019listing compliance notice▼ BadMajor
Chord Energy Corp's securities were notified for removal from listing and registration on its exchange.
12 Dec 2019listing compliance notice● Neutral
Oasis Petroleum's board voted to voluntarily move its stock listing off the New York Stock Exchange.
19 Apr 2019material agreement● Neutral
Oasis Petroleum's regular credit-line review reaffirmed its borrowing base at $1.6 billion.
20 Nov 2018asset acquisition disposition● Neutral
Oasis Petroleum completed the dropdown, contributing additional interests in its Bobcat and Beartooth Williston Basin gathering systems to Oasis Midstream Partners LP.
8 Nov 2018material agreement● Neutral
Oasis Petroleum and its publicly traded midstream unit, Oasis Midstream Partners LP, agreed to another dropdown of Williston Basin gathering-system interests from Oasis to the partnership.
19 Oct 2018debt financing● Neutral
Oasis Petroleum extended its credit facility to October 2023 and reaffirmed its borrowing base at $1.6 billion.
18 May 2018debt financing● Neutral
Oasis Petroleum redeemed all of its outstanding 2019 notes early and reported strong early results tendering for its 2019, 2021, 2022 and 2023 notes as part of a broader debt cleanup.
28 Feb 2018material agreement● Neutral
Oasis Petroleum raised its credit-facility commitment from $1,150 million to $1,350 million and added two new lenders, alongside reporting full-year 2017 results.
16 Feb 2018asset acquisition disposition▲ GoodMajor
Oasis Petroleum closed its first entry into the Permian Basin, buying about 22,000 net Delaware Basin acres from Forge Energy, LLC and paying partly in Oasis stock.
13 Dec 2017material agreement● Neutral
Oasis Petroleum sold 32 million new shares (plus a 4.8 million-share option) to the public, raising fresh capital.