Chord Energy and Enerplus announced today the completion of their previously announced business combination. 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. "We are excited to complete the combination [...]
The shareholders of Chord Energy and Enerplus 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 [...]
Enerplus announced today that the Company's shareholders have voted to approve the previously announced plan of arrangement which provides for the acquisition by Chord Energy, through its wholly-owned subsidiary Spark Acquisition of all of the outstanding common shares of Enerplus. The Arrangement was approved by approximately 99.6% of votes cast [...]
Enerplus announced a special cash dividend in connection with its previously announced transaction with Chord Energy. The transaction is anticipated to close on or about May 31, 2024, subject to receipt of the approval of Enerplus' shareholders at the special meeting of the shareholders scheduled to be held on May 24, 2024, receipt of the final [...]
Enerplus announced financial and operating results for the first quarter of 2024. Due to the pending combination with Chord Energy, Enerplus will not host a conference call or webcast to discuss its first quarter results. The Company reported first quarter 2024 cash flow from operating activities and adjusted funds flow of $128.7 million and $173.1 [...]
Enerplus announced its quarterly cash dividend in the amount of US$0.065 per share will be payable on June 4, 2024, to all shareholders of record at the close of business on May 22, 2024. The ex-dividend date for this payment is May 21, 2024. The US$0.065 per share dividend is equivalent to approximately CDN$0.089 per share if converted using the [...]
Enerplus Corp. & will be releasing operating and financial results for the first quarter of 2024 after markets close on Wednesday, May 8, 2024. Electronic copies of our 2023 interim and 2022 year-end MD&A and Financial Statements, along with other public information including investor presentations, are available on our website at www.enerplus.com [...]
Enerplus Corp. announced today that it has filed the management information circular and proxy statement and related meeting materials for the special meeting of holders of common shares of Enerplus to be held on May 24, 2024 at 10:00 a.m. At the Meeting, Shareholders will be asked to vote on the previously announced plan of arrangement which [...]
Chord Energy and Enerplus announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the pending combination between Chord and Enerplus, expired on April 5, 2024. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the [...]
Enerplus announced that its dividend will increase 8%, to US$0.065 per share, effective with the March 15, 2024 dividend, which is payable to all shareholders of record at the close of business on March 4, 2024. The ex-dividend date for this payment is March 1, 2024. The US$0.065 per share dividend is equivalent to approximately CDN$0.088 per share [...]
All financial information contained within this news release has been prepared in accordance with U.S. GAAP and is presented in U.S. dollars. This news release includes forward-looking statements and information within the meaning of applicable securities laws. Production information, unless otherwise stated, is presented on a net basis . Readers [...]
Readers are advised to review the "Notice Regarding Information Contained in this News Release" at the conclusion of this news release for information regarding the presentation of the reserves information contained in this news release, including the definitions of, and differences between, "Canadian NI 51-101 Standards" and "U.S. Standards" used [...]