OAS - Dividend announcements

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 /PRNewswire/ -- Chord Energy Corporation (NASDAQ:CHRD) ("Chord" or the "Company") today announced the successful completion of the combination of Whiting Petroleum Corporation ("Whiting") and Oasis Petroleum Inc. ("Oasis"), creating a scaled unconventional U.S. oil producer with a premier Williston Basin position with top tier assets across approximately 972,000 net acres, combined first quarter production of 171.1 thousand boepd (historical Oasis has been adjusted for three stream reporting), and enhanced free cash flow generation.

HOUSTON, June 16, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis") announced today that its Board of Directors has, subject to certain conditions, declared a special dividend of $15.00 per share of Oasis common stock. The special dividend is being declared in connection with, and its payment is subject to, the closing of Oasis' previously announced merger (the "Merger") with Whiting Petroleum Corporation (NYSE:WLL) ("Whiting"). The special dividend would be payable following the closing of the Merger to Oasis' stockholders of record as of the close of business on the first business day following the date on which both Oasis' shareholders and Whiting's shareholders have approv

HOUSTON, March 11, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") announced the declaration of its first variable dividend today in the amount of $3.00 per share of Oasis common stock, payable on March 31, 2022 to shareholders of record as of March 21, 2022, in connection with its previously announced plan to return $70 million of capital to shareholders per quarter.  Oasis expects to return approximately $70 million of capital in the second quarter of 2022 in the form of its $0.585 per share base dividend and a supplemental variable dividend in advance of closing the proposed merger with Whiting Petroleum Corporation ("Whiting"). During the second half of

HOUSTON, Feb. 23, 2022 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the quarter and year ending December 31, 2021. Fourth quarter and year end results are consistent with the update released on February 9, 2022. 4Q21 Operational and Financial Highlights: Produced 68.8 MBoepd in 4Q21 with oil volumes of 44.4 MBopd; E&P CapEx was $45.3MM in 4Q21 and $168.2MM in FY21; Net cash provided by operating activities was $269.4MM, net income was $225.9MM and net income from continuing operations was $188.2MM; Adjusted EBITDA from continuing operations(1) was $200.8MM and Adjusted Free Cash Flow(1) was $148.5MM; Receive

HOUSTON, Nov. 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced financial and operating results for the third quarter of 2021. Third quarter results are consistent with the update released on October 26, 2021. 3Q21 Operational and Financial Highlights: Produced 51.8 MBoepd in 3Q21 with oil volumes of 31.9 MBopd; E&P CapEx was $42MM, greater than 20% below guidance. Oasis reduced its FY21 CapEx guidance on October 26th by 9%, which followed the 7% reduction in August; Net cash provided by operating activities was $294MM and net income was $83MM; Adjusted EBITDA to Oasis(1) was $116MM and E&P Free Cash Flow(1) was $65MM; As of 9/30/2021, pro

HOUSTON, May 3, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (NASDAQ:OAS) ("Oasis" or the "Company") today announced a strategic acquisition of Williston Basin assets, reported financial and operating results for the first quarter of 2021, declared its first quarter 2021 dividend, and updated its 2021 outlook to incorporate the acquisition, including an expected 33% increase to its future quarterly fixed dividend after the acquisition closes. Williston Basin Acquisition Oasis announced it has entered into a definitive agreement under which Oasis will acquire select Williston Basin assets from Diamondback Energy in a cash transaction valued at approximately $745MM, subject to customary purchase

HOUSTON, Feb. 24, 2021 /PRNewswire/ -- Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") today announced select financial and operational results for the quarter and year ended December 31, 2020 and provided its 2021 outlook. Due to  impacts from the recent winter storms in Texas, Oasis plans to provide an updated investor presentation and file its Form 10-K for the year ended December 31, 2020 on March 8, 2021. Highlights: Best-in-class balance sheet with leverage significantly below target of 1.0x; Generated significant free cash flow during 4Q20, and reduced net borrowings by approximately $80MM since November 19, 2020. Revolver borrowings below $200MM as of February 24, 202