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Oasis Petroleum
Chord Energy Corporation is a company engaged in hydrocarbon exploration and hydraulic fracturing in the Williston Basin in North Dakota and Montana. It is organized in Delaware and headquartered in Houston, Texas, with an office in Williston, North Dakota. The company was formerly known as Oasis Petroleum. History In February 2007, Oasis Petroleum was founded by Thomas B. Nusz and Taylor L. Reid and was financed by EnCap Investments. In June 2007, the company acquired 175,000 net acres and per day of production in Williston, North Dakota for $83 million. In 2008–2009, the company acquired an additional 131,000 net acres and per day of production nearby for $54 million. In 2010, the company became a public company via an initial public offering which raised over $400 million. In 2013, the company acquired 161,000 net acres in the Williston Basin for $1.5 billion. In 2016, the company acquired 55,000 net acres and 226 gross operated drilling locations in the Williston Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EnCap Investments
EnCap Investments is an American private equity firm, specializing in the energy industry, particularly oil & gas. The firm was established in 1988 and is based in Houston, Texas. History In 2012, the company started a $4.3 billion fund to invest in oil and gas. In 2013, EnCap was ranked at #16 ''Private Equity International'''s PEI 300 list, with some $11.8 billion Assets under management, under management. By 2022, it was ranked #54 with $12.1 billion capital raised over the past five years. Since its founding, EnCap Investments has raised 18 private equity funds. In February 2019, Kimbell Royalty Partners acquired certain oil and gas royalty assets from EnCap Investments for $151.3 million in a 100% equity transaction. In February, 2021, Grayson Mill Energy, a company backed by EnCap Investments, acquired Equinor's oil and gas assets in the Bakken Formation in North Dakota for a reported $900 million. It was reported that Equinor held approximately 242,000 net acres in Nort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S&P Global
S&P Global Inc. (prior to 2016, McGraw Hill Financial, Inc., and prior to 2013, The McGraw–Hill Companies, Inc.) is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics. It is the parent company of S&P Global Ratings, S&P Global Market Intelligence, S&P Global Mobility, S&P Global Sustainable1, and S&P Global Commodity Insights, CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's". Corporate history The predecessor companies of S&P Global have histories dating to 1888, when James H. McGraw purchased the ''American Journal of Railway Appliances''. He continued to add further publications, eventually establishing The ''McGraw Publishing Company'' in 1899. John A. Hill had also produced several technical and trade publications and in 1902 formed his own business, The ''Hill Publishing Company''. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Williston Herald
The ''Williston Herald'' is a weekly newspaper printed in Williston, North Dakota. The ''Herald'' is the official newspaper of Williams County, North Dakota and the main newspaper covering northwestern North Dakota and northeastern Montana. As of Oct. 5, 2024, the newspaper is printed every Saturday. The ''Williston Herald'' also included the ''Plains Reporter'', a weekly publication distributed throughout northwestern North Dakota and northeastern Montana. The Plains Reported ceased in 2023. The ''Herald'' employs approximately 12 employees. The ''Herald'' used to employ more than 60 carriers and motor route drivers, but no longer delivers newspapers. They are mailed to subscribers. History * 1899: A group of citizens wanting to express their views on a local political controversy raised $600 to begin the new newspaper. The newspaper began in a one-room shack on Second Street West with E.M. Crary at the helm. * Oct. 14, 1930: The first daily paper was published on a single she ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston Chronicle
The ''Houston Chronicle'' is the largest daily newspaper in Houston, Houston, Texas, United States. it is the third-largest newspaper by Sunday circulation in the United States, behind only ''The New York Times'' and the ''Los Angeles Times''. With the 1995 buyout of its longtime rival the ''Houston Post'', the ''Chronicle'' became Houston's newspaper of record. The ''Houston Chronicle'' is the largest daily newspaper owned and operated by the Hearst (media), Hearst Corporation, a Privately held company, privately held multinational corporation, multinational corporate media conglomerate with $10 billion in revenues. The paper employs nearly 2,000 people, including approximately 300 journalism, journalists, editorial, editors, and photography, photographers. The ''Chronicle'' has bureaus in Washington, D.C., and Austin, Texas, Austin. The paper reports that its web site averages 125 million page views per month. The publication serves as the "newspaper of record" of the Housto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes '' Hemmings Motor News'' and '' Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Western Union to distribute content to a dozen news organizations in New York. Its first customer was Trans World Airlines. In 1963, Muschel recruited David Steinberg of the New York Herald Tribune to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SM Energy
SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas and Utah. SM Energy was founded in 1908, incorporated in Delaware in 1915, and the initial public offering of common stock was in 1992. SM Energy common stock trades on the New York Stock Exchange under the ticker symbol “SM.” The company is headquartered in Denver, Colorado. SM Energy operates in the Midland Basin in West Texas, the Maverick Basin in South Texas, and the Uinta Basin in northeast Utah. History The company was founded in 1908 and incorporated in 1915. In 1992, the company became a public company via an initial public offering. In May 2010, the company changed its name from St. Mary Land & Exploration Company to SM Energy. In 2011, the company sold a partial interest in its holdings in the Eagle Ford Group to Mitsui & Co. In 2013, the company sold its assets in the Anadarko Basin for $329 million. In 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil & Gas Journal
The ''Oil & Gas Journal'' is a leading petroleum industry weekly publication with a worldwide coverage. It is headquartered in Tulsa, Oklahoma, United States and the journal has a major presence in Houston, Texas, United States. The journal is published by Endeavor Business Media. Its publisher is Paul Westervelt, and editor is Bob Tippee. The first issue was published in 1902. Its online information services started in 1994. LexisNexis database describes the ''Oil & Gas Journal'' as an authoritative source on the petroleum industry aimed at engineers, oil management and executives throughout the oil and gas industry. The weekly publishes news, analysis, statistics, and technology updates on exploration, drilling, production, pipeline, transportation, refining, processing and marketing. It is a subscription trade publication. The ''Oil & Gas Journal'' has about 20,000 subscribers for the printed issue and 80,000 for digital subscriptions. The ''Oil & Gas Journal'' bega ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
