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Bonanza Creek Energy Inc (BCEI.K)

BCEI.K on New York Consolidated

32.26USD
20 Nov 2017
Change (% chg)

$-0.58 (-1.77%)
Prev Close
$32.84
Open
$32.75
Day's High
$32.75
Day's Low
$32.24
Volume
437,981
Avg. Vol
224,316
52-wk High
$377.17
52-wk Low
$23.33

Latest Key Developments (Source: Significant Developments)

Fir Tree Partners opposes Sandridge Energy's proposed acquisition of Bonanza Creek Energy
8:00am EST 

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
Tuesday, 14 Nov 2017 11:48pm EST 

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​
Wednesday, 8 Nov 2017 04:30pm EST 

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 says Wade Jaques to leave role as Chief Accounting Officer​
Friday, 4 Aug 2017 04:52pm EDT 

Aug 4 (Reuters) - Bonanza Creek Energy Inc :Bonanza Creek-‍on July 31, in conjunction with company-wide reduction in force, Wade E. Jaques to leave his role as VP, Chief Accounting Officer​.  Full Article

Mangrove Partners reports 7.6 pct stake in Bonanza Creek Energy
Wednesday, 19 Jul 2017 05:24pm EDT 

July 19 (Reuters) - Bonanza Creek Energy Inc :Mangrove Partners Master Fund Ltd reports 7.6 percent stake in Bonanza Creek Energy Inc as of July 13 - SEC filing.Mangrove Partners Master Fund Ltd says acquired Bonanza Creek Energy Inc shares for investment purposes.  Full Article

Bonanza Creek Energy names ‍Seth Bullock as interim CEO
Monday, 12 Jun 2017 08:30am EDT 

June 12 (Reuters) - Bonanza Creek Energy Inc ::Bonanza Creek Energy announces leadership changes and its 2017 capital program and production guidance.Bonanza Creek Energy Inc - ‍Bullock appointed as interim chief executive officer upon resignation of Carty​.Bonanza Creek Energy Inc - ‍Seth Bullock has been appointed as interim chief executive officer​.Bonanza Creek Energy Inc - ‍board of directors has approved company's 2017 capital program of approximately $130 million​.Bonanza Creek Energy Inc says plans to re-initiate its commodity price hedging program to lock in a portion of its cash flows and protect project returns​.Bonanza Creek Energy Inc says is in process of completing its 6 drilled but uncompleted wells & expects to complete 18 new wells, totaling 24 for year​.Bonanza Creek Energy Inc - ‍2017 production guidance 16.0 - 17.0 mboe/d​.Bonanza Creek Energy Inc sees production for three months ended June 30, 2017 of 15.8 - 16.2 mboe/d.Bonanza Creek Energy Inc - ‍bonanza Creek plans to drill eight and complete two XRLs in French Lake area in 2017​.Bonanza Creek Energy Inc - ‍richard J. Carty has resigned as president and chief executive officer and as a member of board of directors.  Full Article

Bonanza Creek Energy Q1 adjusted earnings per share $0.00
Wednesday, 10 May 2017 04:00pm EDT 

May 10 (Reuters) - Bonanza Creek Energy Inc ::Bonanza Creek Energy announces first quarter 2017 financial results and operating outlook.Q1 adjusted earnings per share $0.00.Q1 gaap loss per share $1.91.Q1 revenue $52.6 million versus $44.2 million.Bonanza Creek Energy Inc - Q1 production volumes averaged 17.6 mboe per day.Q1 earnings per share view $-28.64 -- Thomson Reuters I/B/E/S.Bonanza Creek Energy Inc - plans to begin completing four previously drilled, but uncompleted wells later this month.Bonanza Creek Energy Inc - upon approval of 2017 capital program by new board of directors, company will provide guidance for remainder of 2017.  Full Article

Whitebox Advisors reports 11.4 pct passive stake in Bonanza Creek Energy as of April 28
Monday, 8 May 2017 04:34pm EDT 

May 8 (Reuters) - Bonanza Creek Energy Inc :Whitebox Advisors Llc reports 11.4 percent passive stake in Bonanza Creek Energy Inc as of April 28 - sec filing.  Full Article

Apollo Management Holdings GP LLC reports 5.4 pct passive stake in Bonanza Creek Energy as of april 28 - SEC Filing
Thursday, 4 May 2017 05:13pm EDT 

May 4 (Reuters) - Bonanza Creek Energy Inc :Apollo Management Holdings GP LLC reports 5.4 percent passive stake in Bonanza Creek Energy Inc as of April 28, 2017 - SEC Filing.  Full Article

Bonanza Creek Energy emerges from Chapter 11
Friday, 28 Apr 2017 01:07pm EDT 

April 28 (Reuters) - Bonanza Creek Energy Inc ::Bonanza creek energy successfully completes prepackaged financial restructuring; emerges from chapter 11; announces new board of directors.Bonanza creek energy - upon emergence from bankruptcy, company issued 1.7 million 3-year warrants with a strike price of $71.23 per share.Bonanza creek energy inc- company's cash balance at emergence was approximately $65 million.Bonanza creek energy - plans to resume drilling, completion activity around june 1, with intent to operate a one-rig program for remainder of year.Also announces appointment of seven members to its board of directors.  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.