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Decarbonization Plus Acquisition Corporation IV - HHRS STOCK NEWS

Welcome to our dedicated page for Decarbonization Plus Acquisition Corporation IV news (Ticker: HHRS), a resource for investors and traders seeking the latest updates and insights on Decarbonization Plus Acquisition Corporation IV stock.

Hammerhead Energy Inc. (HHRS) provides investors with comprehensive updates on strategic developments in North America's energy sector. This dedicated news hub tracks the company's operations in Alberta's Montney formation and recent corporate changes, including its planned acquisition by Crescent Point Energy Corp.

Access timely updates on operational milestones, environmental initiatives, and financial reporting. The resource consolidates official press releases covering shareholder-approved transactions, resource optimization strategies, and non-IFRS operational metrics specific to hydrocarbon extraction.

Key updates include details of the Crescent Point arrangement offering $15.50 cash plus 0.5340 Crescent Point shares per HHRS share. Monitor regulatory filings through direct links to SEDAR+ and SEC disclosures. Bookmark this page for verified updates on merger progress, production efficiencies, and sustainable development practices in Canada's energy sector.

News

HAMMERHEAD ENERGY INC. ANNOUNCES SHAREHOLDER AND COURT APPROVAL FOR THE PLAN OF ARRANGEMENT

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Hammerhead Energy Inc. (HHRS) to be Acquired by Crescent Point Energy Corp. in a $15.50 Cash and 0.5340 Crescent Point Common Share Deal
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Hammerhead Energy Inc. Announces Filing of Management Information Circular for Special Meeting of Shareholders

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Hammerhead Energy Inc. (HHRS) Announces Plan of Arrangement with Crescent Point Energy Corp. for Acquisition of All Shares
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Hammerhead Energy Inc. Announces Record Financial and Operating Results for Third Quarter 2023 and a Corporate Transaction

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Hammerhead Energy Inc. announces record financial and operating results for Q3 2023. The company achieved record production and adjusted funds from operations. It also reported marked reductions in operating and transportation costs. Hammerhead has entered into a definitive arrangement agreement with Crescent Point Energy Corp. for an acquisition. The transaction is expected to close in late December 2023.
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Hammerhead Energy Inc. Enters into Agreement to be Acquired by Crescent Point Energy Corp.

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Hammerhead Energy Inc. has entered into a definitive arrangement agreement with Crescent Point Energy Corp. for Crescent Point to acquire all of Hammerhead's Class A common shares for C$21.00 per share. The transaction is expected to close in late December 2023 and each Hammerhead share will be exchanged for C$15.50 in cash and C$5.50 in Crescent Point shares. The purchase price implies an enterprise value for Hammerhead of approximately C$2.55 billion, representing a 17% premium over the five-day volume weighted average trading price. The transaction will create the seventh-largest E&P in Canada with production weighted 65% to oil and liquids.
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Hammerhead Energy Inc. Announces Expanded Credit Facility and Repayment of Term Debt

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Hammerhead Energy Inc. expands credit facility to C$450 million, repays US$63.7 million of debt, and expects to implement a return of capital strategy for shareholders. Generates C$21.9 million of free funds flow in July and August 2023.
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Hammerhead Energy Inc. Announces Increased 2023 Production Guidance

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Hammerhead Energy Inc. announces increased 2023 annual average production guidance to 41,500 boe/d, exceeding previous estimate of 40,200 boe/d. Peak pad production on the North Karr 10-14 pad exceeded 17,800 boe/d. Capital expenditures guidance reduced to $500 million from $525 million. Free funds flow expected in October 2023.
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Hammerhead Energy Inc. Announces “Fair Market Value” in Connection With Redemption of its Outstanding Public Warrants

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Hammerhead Energy Inc. announces Fair Market Value for redemption of outstanding Public Warrants. Redemption Fair Market Value is $12.38, allowing holders to receive 0.296 Common Shares per Public Warrant. Unexercised Public Warrants after September 15, 2023, will be void. Redemption Price is $0.10 per Public Warrant.
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Hammerhead Energy Inc. Announces Plans to Redeem Public Warrants

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Hammerhead Energy Inc. announced that it will redeem all of its outstanding public warrants for cash at a redemption price of US$0.10 per warrant. The redemption date is September 15, 2023, and the warrants can be exercised until that date to purchase common shares. The fair market value of the shares will be determined based on the average last reported sale price during the 10 trading days following the notice of redemption. Any unexercised warrants after the redemption date will be void and no longer exercisable.
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Hammerhead Energy Inc. Announces Second Quarter 2023 Financial and Operating Results

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Hammerhead Energy Inc. Announces Voting Results on Election of Directors at Annual and Special Meeting

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Decarbonization Plus Acquisition Corporation IV

Nasdaq:HHRS

HHRS Rankings

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HHRS Stock Data

1.47B
16.29M
0.84%
87.48%
0.01%
Oil & Gas E&P
Energy
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Canada
Calgary