Shares of Oasis Petroleum Inc. (NYSE:OAS), declined -4.38% to $12.89, during its last trading session. The share price of this stock traded recently in a range of $12.22 to $13.98. The company now has a market value of $1.88 billion.
Oasis Petroleum Inc. (OAS) declared that the lenders under its senior secured revolving credit facility accomplished their regular semi-annual redetermination of the borrowing base, resulting in a borrowing base of $1,525 million. The next redetermination of the borrowing base is planned for April 1, 2016.
Additionally, the Company declared the commencement of three concurrent consent solicitations respecting amendments to the indentures governing its outstanding 7.25% Senior Notes due 2019, 6.5% Senior Notes due 2021 and 6.875% Senior Notes due 2023. Presently, $400,000,000 in aggregate principal amount of the Notes of each series is outstanding.
The Amendments would permit the Company to incur secured indebtedness under its senior secured revolving credit facility in an amount at any time outstanding greater than or equal to the amount of its borrowing base under that facility. The Company is seeking the Amendments to provide it with greater financial flexibility.
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.
Finally, Staples, Inc. (NASDAQ:SPLS), ended its last trade with 2.18% gain, and closed at $12.64.
The stock closed at a distance of -1.68% from 20-day simple moving average. In the last trading session, the stock’s price moved -18.22% below its 200 day moving average, changing hands as low as $12.39 per share. The stock is presently trading -6.11% below its SMA 50.
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations.
Shares of Mondelez International Inc (NASDAQ:MDLZ), inclined 0.98% to $44.33, during its last trading session. In the last trading session, the stock moved on low volume, trading at a volume of 7.65 M as compared to its average daily volume of 12.27 million shares.
Mondelēz International, Inc. will release its third quarter 2015 financial results on Wednesday, October 28, at 8 a.m. EDT and will host a conference call at 10 a.m. EDT that day.
Investors and analysts may take part via phone by calling 1-800-322-9079 from the United States and 1-973-582-2717 from other locations. To ensure timely access, participants should dial in about 10 minutes before the call starts. A listen-only webcast will be offered at www.mondelezinternational.com.
Mondelez International, Inc., through its auxiliaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, counting cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products.
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