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Bonanza Creek Energy Inc (BCEI.N)

BCEI.N on New York Stock Exchange

31.68USD
21 Nov 2017
Change (% chg)

$-0.53 (-1.65%)
Prev Close
$32.21
Open
$32.44
Day's High
$32.60
Day's Low
$31.50
Volume
118,239
Avg. Vol
66,491
52-wk High
$376.05
52-wk Low
$23.35

Latest Key Developments (Source: Significant Developments)

Fir Tree Partners opposes Sandridge Energy's proposed acquisition of Bonanza Creek Energy
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Bonanza Creek Energy Inc :Fir Tree Partners strongly opposes Sandridge Energy's proposed acquisition of Bonanza Creek Energy.‍Fir Tree Partners - co is manager of certain funds that together beneficially own, through stock & warrants, about 8.3% of stock of Sandridge Energy​.  Full Article

SandRidge Energy nears agreement to buy Bonanza Creek for about $750 mln - WSJ
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - :SandRidge Energy nearing an agreement to buy Bonanza Creek Energy for about $750 million - WSJ citing sources.Cash-And-Stock deal between SandRidge and Bonanza Creek could be announced wednesday - WSJ‍​.  Full Article

Bonanza Creek Energy qtrly ‍shr $0.21​
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Bonanza Creek Energy Inc ::Bonanza Creek Energy announces third quarter 2017 financial results and operational update.Q3 revenue $45.2 million versus $49.3 million.Bonanza Creek Energy Inc - ‍Q3 production volumes averaged 15.8 mboe per day​.Bonanza Creek Energy Inc qtrly ‍shr $0.21​.Bonanza creek energy inc sees Q4 ‍production 13.8 - 14.2​ mboe/d.Bonanza Creek Energy Inc - ‍reducing its full-year production guidance by 4%, to a mid-point of 16.0 mboe per day​.Bonanza Creek - ‍reducing FY production guidance due to increased line pressures in basin, significant processing downtime expected in Q4​ ‍​.Bonanza Creek Energy Inc - ‍due to changes in activity timing, capex guidance for year has been lowered to a midpoint of $112 million​.  Full Article

Bonanza Creek Energy announces Q2 results
Tuesday, 2 Aug 2016 

Bonanza Creek Energy Inc : Bonanza Creek Energy announces second quarter 2016 financial and operating results; suspending asset sale processes; elects to not make interest payment on 5.75 pct senior unsecured note .Says suspending asset sale processes.  Full Article

Bonanza Creek Energy retains Perella Weinberg Partners to assist in evaluating financial, transactional alternatives
Wednesday, 13 Jul 2016 

Bonanza Creek Energy : Retained perella weinberg partners to advise company and assist in analyzing, evaluating financial and transactional alternatives . Davis polk & wardwell llp will continue to provide ongoing corporate and finance representation .Retained perella weinberg partners to advise co in evaluating alternatives, including restructuring options.  Full Article

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SandRidge investor Fir Tree opposes $746 million bid for Bonanza Creek

Activist investor Fir Tree Partners on Monday opposed SandRidge Energy Inc's $746-million deal to buy rival Bonanza Creek Energy Inc , saying an acquisition would drain all of the oil and gas producer's cash.