HighPoint Resources Corp (HPR)

[crudeoil24]

HighPoint Resources Corp (NYSE: HPR)
HighPoint Resources is an independent oil & gas company. In the past three years, the stock has collapsed by 97.9%. But as many meme stock traders have realized in 2021, short squeezes are technical market phenomena and don’t necessarily have anything to do with the company’s underlying business fundamentals or the stock’s long-term outlook.

[TheFinalCD]

totally missed this one, and looks like many others did too

crickets over here


somebodies buying like crazy

$HPR

https://finance.yahoo.com/news/3-short-squeeze-candidates-energy-174100494.html

[hyborianwar]

wonder if this tanks on earnings

[jsc52033]

seems the vote is March 12 but the CHp 11 confuses me

[alsteps]

Sorry predictive texting. Are we still merging with Bonanza Energy?

[alsteps]

Are we still meeting with the other company?

[Michael TRed]

Going to 14 again here we go

[alsteps]

This week we see higher than $15.00.
When is the merger finally being concluded??

[alsteps]

When is the merger with Bonanza actually set to take place?

[ClayTrader]

* * $HPR Video Chart 11-19-2020 * *

Link to Video - click here to watch the technical chart video

[Jess070283]

Pump and Dump!

[JustBegin]

Crazy!!

[alsteps]

I’m buying more, plenty of potential here.

[glens0]

Picked up some shares after hours. Great share structure. Should move up fast on volume

[ClayTrader]

* * $HPR Video Chart 11-16-2020 * *

Link to Video - click here to watch the technical chart video

[allezlOM]

$HPR heavily shorted since opening...have to be above to start a true squeeze, let's see next hours :)

[doogdilinger]

Let's rock \m/

[doogdilinger]

Sure looks like it agreed

[doogdilinger]

Nice find crude buddy

[crudeoil24]

>>>>> ONE MILLION SHARE TRADING FLOAT <<<<<

[crudeoil24]

Share price will reach new high point of $15.00+ today.

[Mrgood]

sure glad I held on for the ride

[Lucky_Charm$]

$HPR lookN good for next week

[crudeoil24]

"As we work to close this transaction, you can expect to hear more from Bonanza about our free cash flow priorities. For now, let me be clear that our business model is focused on creating an industry-leading cost structure, returning capital to shareholders and when warranted by sufficiently high returns, pursuing modest production growth. We expect to maintain a very strong balance sheet and use this strength, along with our strong technical and operating capabilities, to continue to grow our business in an opportunistic and highly disciplined manner for the benefit of our shareholders."

Eric Thomas Greager Bonanza Creek Energy, Inc. - President, CEO & Director



Filed by Bonanza Creek Energy, Inc.

(Commission File No. 001-35371)

Pursuant to Rule 425 of the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12

of the Securities Exchange Act of 1934

Subject Company: HighPoint Resources Corporation

(Commission File No. 001-38435

[crudeoil24]

Next is merger closing and SEC filings along with PR's.

[MAKESOME79]

#stockstowatch $HPR 1mil Float! #Stocknews #HighPointRsrcs $HPR #earnings of $4.01 per share, beating the @ZacksResearch
Estimate of $3 per share. #Oil & #naturalgas $BCEI & $HPR announced they have reached an agreement & consolidation Merger worth $376Mil Price Target. $30.00 $BCEI Current stock price 21.00 per share

[crudeoil24]

HPR > "Oil and natural gas producers Bonanza Creek Energy, Inc. BCEI and HighPoint Resources Corporation HPR announced that they have reached an agreement of consolidation worth $376 million. The deal involves merging of the two companies in the Denver-Julesburg (DJ) Basin to form a new entity as well as combine their property and production.

The transaction has been approved by the boards of each company. The new organization will own approximately 206,000 acres of leases in the DJ Basin with a day-to-day production capacity of 50,000 barrels per day (bpd) of oil. Further, the merged entity will be able to generate savings of roughly $31 million and free cash flow of approximately $130 million in 2021. In fact, the company plans to maintain a business model that focuses on free cash flow, with a greater emphasis on shareholder returns.

The strategic union is expected to close in early 2021. Following the completion, Bonanza Creek shareholders will hold a 68% stake in the combined company, with HighPoint’s stakeholders owning a 32% share. The oil and natural gas firm’s balance sheet is estimated to represent a cash of $50 million, $100 million senior unsecured notes and $150 million of reserve based lending (“RBL”) debt in addition to $15 million of near-term capital expenditure savings.

Per Eric Greager, CEO at Bonanza Creek as well as of the combined company, the integration of their complementary resources will generate cumulative effects. This will mark a revolutionary transaction for Bonanza Creek. Furthermore, the merger of HighPoint’s midstream infrastructure with Bonanza Creek will provide additional flow assurance, operating cost management as well as enhanced flexibility to third-party processing and takeaway. Notably, the transaction will initiate a premier DJ Basin player with a peer-leading expenditure pattern and a sizable rural footprint. The deal also offers HighPoint shareholders the opportunity to engage in a larger DJ Basin producer with an attractive balance sheet as well as a free cash flow profile."

Zacks Equity Research > 11/13/2020

[crudeoil24]

Looks like a gap and run @ opening bell > $$$$$

[MAKESOME79]

#stockstowatch $HPR 1mil Float! #Stocknews #HighPointRsrcs $HPR #earnings of $4.01 per share, beating the @ZacksResearch
Estimate of $3 per share. #Oil & #naturalgas $BCEI & $HPR announced they have reached an agreement & consolidation Merger worth $376Mil Price Target. $30.00

[RLBTrader]

R/S is on the 30th of Oct. Could see .25-.30 by then.

[PStockPickz]

1 / 50 r/s

[Mrgood]

Not sure why the large volume Friday but I have my suspicions... We are looking at a nice ride over the weeks...

[Mrgood]

Huge volume today

[Mrgood]

Huge Pre Market action today... Sure glad I picked up more at .21

[Mrgood]

Merger rumours are in the air $HPR

[Mrgood]

https://ca.finance.yahoo.com/news/highpoint-hpr-stock-moves-0-214509312.html

[Mrgood]

https://news.financial/comments/bp-saturn-oil-gas-shell-citigroup-and-goldman-sachs-see-oil-price-at-usd-60?fbclid=IwAR1V5aQaZ0mpHGqcNtn4gy-ybMr3iDPCiflI-ad2OTxorxggIIylV-wdy_0

[kjcolombia]

Yes, I think that’s about right!

[Mrgood]

I have been loading on every dip... This will be at $1.00 by year end

[kjcolombia]

Yes, a good read for sure. This should ultimately move up nicely, so I will sit quietly and watch over the next 6 - 12 months before even thinking of selling. Might even pick up some additional discounted shares at these levels!!!

[Mrgood]

Good read

https://ca.finance.yahoo.com/news/highpoint-hpr-stock-sinks-market-215009314.html

[3Angels120702]

I wouldn't

[Mrgood]

loading at these levels...

[Mrgood]

Why do you say RS? Just a guess? I dont see any reason for a slit at this time

[Rtroutt79]

Warren bought the storage assets to dominion energy, and the debt with it combined 10 billion. Nice tax right off, has nothing to do with HPR.

[gmoneyformby]

Its going to r/s soon.

[BowDoga]

Why is no one going on about this

[Fabfabulous]

AMAZING STOCK GONNA FLY 2021 2$+

[FormerMarine]

Warren Buffet has made only one stock purchase in 2020...$9.7 Billion on natural gas. HPR are strong buy, thoughts?

[Mrgood]

Zacks Rank #1 (Strong Buy)


https://ca.finance.yahoo.com/news/highpoint-hpr-moves-strong-buy-160004825.html