ERF Oct 2024 13.000 put
- PR Newswire
Chord Energy and Enerplus Complete Combination, Creating Premier Williston-Focused E&P Company
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.
- GuruFocus.com
Enerplus Corp's Dividend Analysis
Enerplus Corp (NYSE:ERF) recently announced a dividend of $0.32 per share, payable on 2024-06-04, with the ex-dividend date set for 2024-05-30. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Enerplus Corp's dividend performance and assess its sustainability.
- CNW Group
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
The shareholders of Chord Energy Corporation (NASD: CHRD) and Enerplus Corporation (TSX: ERF) (NYSE: ERF) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Enerplus will be exchanged for 0.10125 shares of Chord and US$ 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.
