M&A
confidence high
sentiment positive
materiality 0.75
Oasis declares special dividend of $15.00/share linked to Whiting merger closing
Chord Energy Corp
- Special dividend of $15.00 per share declared, contingent on closing of merger with Whiting Petroleum.
- Payment expected July 8, 2022 if merger closes July 1 after shareholder votes on June 28.
- Record date is first business day after both shareholder approvals; Whiting shareholders not eligible.
- Merger remains subject to approvals and conditions; no assurance of closing.