M&A - Chord Energy Corp
Form Type: 10-K
Filing Date: 2025-02-27
Corporate Action: Acquisition
Type: Update
Accession Number: 000148615925000005
Filing Summary: On February 27, 2025, Chord Energy Corp reported updates related to its acquisition strategies. The corporation has made significant investments in various acquisitions, notably focusing on consolidating oil and gas assets in the Permian Basin, which is central to its operational strategy. The document details the financial impact of these acquisitions, including projected revenue increases and operational efficiencies expected from newly integrated assets. The acquisition of Enerplus Corporation, which was completed recently, is highlighted as a key driver of growth. Additionally, projected financials indicate a positive trajectory for the upcoming fiscal years, reflecting the effectiveness of these strategic acquisitions within a competitive market landscape.
Document Link: View Document
Additional details:
Acquisition Member: EnerplusCorporationAcquisition
Estimated Revenue Growth Percentage: 15
Assets Invested: $300 million
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