Range Resources (RRC) has an average rating of hold and mean price target of $47, according to analysts polled by FactSet.
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Equities
Matador Resources Keeps Quarterly Dividend at $0.375 per Share, Payable June 5 to Holders of Record May 8
$MTDR
Equities
Odfjell Drilling Buys Japan-made Vessels for $290 Million
Odfjell Drilling (ODL.OL) signed contracts valued at $290 million to buy four stainless steel vessels from a shipowner in Japan.The Norwegian drilling and engineering company said Wednesday the ships will be delivered from the first quarter of 2027 until the second quarter of 2029.The 40,000 deadweight tonnage fuel-efficient ships will be used for core deep-sea trades.
$ODL.OL
Equities
Tullow Oil to Implement Refinancing of $1.3 Billion Senior Secured Notes
Tullow Oil's (TLW.L) proposed refinancing of its outstanding $1.29 billion of 10.25% senior secured notes due 2026 received consent from over 99% of the note holders.As such, all holders of the notes will have a portion of their existing securities redeemed on Thursday, the independent energy company said Wednesday.Holders will also receive accrued and unpaid interest on their existing notes, as well as a 1% fee based on the aggregate principal amount of the outstanding notes as of the consent solicitation period's expiration on Tuesday.
$TLW.L