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Gran Tierra Energy (NYSE:GTE) versus Centennial Resource Development (NASDAQ:CDEV) Critical Review

Centennial Resource Development (NASDAQ:CDEV – Get Rating) and Gran Tierra Energy (NYSE:GTE – Get Rating) are both oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, institutional ownership, dividends, analyst recommendations, valuation, profitability and earnings. Analyst Ratings This is a breakdown of recent […] ....

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Financial Survey: Centennial Resource Development (NASDAQ:CDEV) and Hess Midstream (NYSE:HESM)

Centennial Resource Development (NASDAQ:CDEV – Get Rating) and Hess Midstream (NYSE:HESM – Get Rating) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, institutional ownership and risk. Volatility & Risk Centennial Resource Development has a beta […] ....

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Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits


Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits
Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery business went public through a merger with blank-check firm Landcadia Holdings Inc.
Landcadia had some powerful names behind it. Tilman Fertitta, a billionaire restaurateur, and Richard Handler, the chief executive officer of Jefferies Financial Group Inc., had raised $250 million in backing for Landcadia so that the special purpose acquisition company, or SPAC, could find and take public a promising startup like Waitr.
But Waitr turned out to be a disappointment. Its shares plummeted as it lost about 96% of its market value in 2019, down from a high of almost $1 billion. That triggered a class-action lawsuit claiming that Fertitta and Handler misled shareholders about the risks of Waitr’s business plan but pushed ahead with announcing their merger two we ....

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