NasdaqGS:CHRDOil and Gas
Chord Energy Enerplus Deal Tests Growth And Capital Return Story
Chord Energy (NasdaqGS:CHRD) has completed the acquisition of Enerplus, expanding its position in the Williston Basin.
The deal adds to Chord Energy's inventory and is expected to improve its capital efficiency profile.
This combination creates a larger, more concentrated Williston-focused operator with greater operational scale.
Chord Energy, trading at $94.85, now reflects a business that is meaningfully larger in the Williston Basin through the Enerplus acquisition. The stock is up 3.2%...