Previous close | 6.20 |
Open | 6.20 |
Bid | 5.10 |
Ask | 5.30 |
Strike | 50.00 |
Expiry date | 2024-12-20 |
Day's range | 6.20 - 6.20 |
Contract range | N/A |
Volume | |
Open interest | 225 |
Chevron's (CVX) exit from the North Sea follows the trend that several other U.S. oil companies have exhibited owing to the declining production in the region.
Crescent Energy (CRGY) shareholders will own about 69-79% of the combined company, while SilverBow (SBOW) shareholders will own around 21-31% post completion of the deal.
The shares will be offered at Enbridge's (ENB) discretion, allowing sales to the public intermittently at current market prices.