Monday, December 2, 2024

Oasis Midstream Announces New Director

Oasis Midstream Partners LP (NYSE: OMP) today announced the appointment of Harry N. Pefanis to the Board of Directors of OMP’s general partner, where he will also serve as a member of both the Audit and Conflicts Committees. Mr. Pefanis will serve as an independent director, and his appointment brings the total number of directors to seven. Mr. Pefanis, who

Continental Resources to Redeem $400 Million of 5% Senior Notes

Continental Resources, Inc. (NYSE: CLR) announced today that it will redeem $400 million in aggregate principal amount, representing approximately 20% of the $2.0 billion in aggregate principal amount currently outstanding, of its 5% Senior Notes due 2022. The redemption price for the Notes called for redemption will be equal to 101.667% of the principal amount, plus accrued and unpaid interest,

EIA Weekly Gas Storage Report: Build Eases

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks rose by 51 Bcf last week, increasing to 2,203 Bcf from 2,152 Bcf. This is 24.8% below the 2,928 Bcf that was in storage at this point last year, and