Bonanza Creek Energy

Civitas Resources, Inc. engages in the production of carbon neutral oil and gas. It focuses on developing and producing crude oil, natural gas and natural gas liquids in Colorado's Denver-Julesburg Basin. The company was founded on November 1, 2021 and is headquartered in Denver, CO.

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Civitas Resources, Inc. is an independent exploration and production company, which focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas primarily in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico. The company was founded in 1999 and is headquartered in Denver, CO.

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WILMINGTON, Del., Dec. 30, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating Bonanza Creek Energy, Inc. (“Bonanza”) (NYSE: BCEI) regarding possible breaches of fiduciary duties and other violations of law related to Bonanza's agreement to merge with HighPoint Resources Corporation (“HighPoint”) (NYSE: HPR).

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Bonanza Creek Energy, Inc. Merger

DENVER, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (the "Company" or "Bonanza Creek") today announced that the lenders under its senior secured credit facility have concluded their semi-annual redetermination and reaffirmed the facility's borrowing base of $260 million and the elected commitments of $260 million. As of September 30, 2020, the Company had $20 million drawn on the facility and held approximately $4 million in cash. Currently, the facility is undrawn.

Bonanza Creek Energy Announces Results of Borrowing Base Redetermination

Management of Bonanza Creek has demonstrated consistently strong judgment in financial, hedging and operational matters. The HighPoint acquisition affirms solid strategic decision making as well.

Bonanza Creek Energy: Very Well Managed Rocky Mountain Player Worth Owning

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Bonanza Creek (BCEI) and HighPoint Resources (HPR) enter into a $376-million merger agreement to form a new entity of significant scale in the rural DJ Basin.

Bonanza Creek & HighPoint Reach Merger Agreement Worth $376M

DENVER, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (“Bonanza Creek” or the “Company”) (NYSE: BCEI) and HighPoint Resources Corporation (“HighPoint”) (NYSE: HPR) today announced that they have entered into a definitive merger agreement to combine Bonanza Creek and HighPoint in a transaction valued at approximately $3761 million as of November 6, 2020. The transaction value is based on the equity to be issued to HighPoint equity holders, the equity and debt to be issued to HighPoint debt holders in connection with the Exchange Offer (as defined below) and the remaining debt to be assumed. Bonanza Creek will issue 9.8 million shares of common stock and up to $100 million in senior unsecured notes in the transaction. The transaction has been unanimously approved by the board of directors of each company.

Bonanza Creek Announces Transformative Agreement to Acquire Restructured HighPoint Resources

DENVER, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (“ Bonanza Creek ” or the “ Company ”) announced today that its Board of Directors (the “ Board ”) has adopted a Tax Benefits Preservation Plan (the “ Plan ”) designed to protect the availability of the Company's existing net operating loss carryforwards (“ NOLs ”) and other tax attributes (collectively, the “ Tax Benefits ”), which can potentially be utilized in certain circumstances to reduce the Company's future income tax obligations.

Bonanza Creek Energy Adopts Tax Benefits Preservation Plan Designed to Protect the Availability of Its Tax Benefits

Bonanza Creek Energy Inc (BCEI) CEO Eric Greager on Q3 2020 Results - Earnings Call Transcript

Bonanza Creek (BCEI) delivered earnings and revenue surprises of -35.90% and -9.76%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Bonanza Creek Energy (BCEI) Lags Q3 Earnings and Revenue Estimates

DENVER, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (the "Company" or "Bonanza Creek") today announced its third quarter 2020 financial results and operating outlook. The Company has also posted an updated investor presentation to its website.

Bonanza Creek Energy Announces Third Quarter 2020 Financial Results

DENVER, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek” or the “Company”) today issued preliminary third quarter 2020 results, and announced the date of its third quarter 2020 earnings release and conference call.

Bonanza Creek Provides an Operational Update and Announces 3rd Quarter 2020 Conference Call

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Bonanza Creek is low debt (soon to be no debt), low cost, oily upstream DJ Basin player.

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Bonanza Creek Energy, Inc. (BCEI) CEO Eric Greager on Q2 2020 Results - Earnings Call Transcript

Bonanza Creek Energy (NYSE:BCEI) releases its next round of earnings this Thursday, August 06.

A Preview Of Bonanza Creek Energy's Earnings

Bonanza Creek (BCEI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Bonanza Creek (BCEI) Ahead of Earnings?

Bonanza Creek (BCEI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bonanza Creek Energy (BCEI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

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BCEI preannounced volumes that are above Consensus and in line with 1Q20 levels despite very low capital spending.

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DENVER, July  22, 2020  (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek” or the “Company”) today issued preliminary second quarter 2020 results, and announced the date of its second quarter 2020 earnings release and conference call.

Bonanza Creek Provides an Operational Update and Announces 2nd Quarter 2020 Conference Call

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