|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3.22 - 3.28|
|52 Week Range||2.30 - 4.85|
|PE Ratio (TTM)||83.59|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.94|
Baytex Energy Corp. (BTE.TO) (BTE) ("Baytex") and Raging River Exploration Inc. (RRX.TO) ("Raging River") are pleased to announce that they have filed a joint management information circular and proxy statement (the "Circular") for their respective special shareholders' meetings to be held in connection with the proposed strategic combination of Baytex and Raging River pursuant to a statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). Pursuant to the Arrangement, holders of common shares of Raging River will receive, directly or indirectly, 1.36 common shares of Baytex for each common share of Raging River.
Independent Oil and Gas companies are non-integrated companies that receive nearly all of their revenues from production at the wellhead. On Thursday, shares in The Woodlands, Texas headquartered Anadarko Petroleum Corp. recorded a trading volume of 2.71 million shares. The Company's shares have gained 3.28% in the last month, 17.43% over the previous three months, and 68.17% over the past year.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Baytex Energy, Petrobras, Schlumberger and Hess
Shell (RDS.A) committed to the Fram gas field in the North Sea, Baytex Energy (BTE) agreed to buy Raging River Exploration and Petrobras (PBR) lost a wage dispute.
The buyout of Raging River expands geographical footprint of Baytex (BTE), and positions it for healthy cash-flow generation and strong balance sheet.
The 2018 EnerCom oil & gas investment conference will feature U.S. and Canadian shale developers, Gulf of Mexico, European and Latin American producers, oilfield service companies and expert panels for ...
LONDON, UK / ACCESSWIRE / June 20, 2018 / If you want access to our free research report on Baytex Energy Corp. (NYSE: BTE) ("Baytex"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=BTE as the Company's latest news hit the wire. On June 18, 2018, the Company announced that it has signed a deal to merge with Raging River Exploration Inc. ("Raging River"), for approximately C$2.8 billion. The expansion will help the Company to expand its footprint in the oil-rich Duvernay field in Alberta.
NEW YORK, NY / ACCESSWIRE / June 19, 2018 / Gevo shares were skyrocketing on Monday after the Environmental Protection Agency increased the volume of isobutanol for on road use. Shares soared as much as ...
Moody's Investors Service (Moody's) placed the ratings of Baytex Energy Corp. (Baytex) under review for upgrade, including the B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating (PDR) and Caa1 senior unsecured rating. Baytex's SGL-3 Speculative Grade Liquidity rating is unchanged. Theses rating actions follow the announcement that Baytex and Raging River Exploration Inc. (Raging River, unrated) have agreed to a combination in which Baytex will acquire Raging River for shares and the assumption of about $250 million of Ranging River debt.
Baytex Energy Corp. slid the most in more than two years after agreeing to buy rival western Canadian oil producer Raging River Exploration Inc. in a C$1.6 billion ($1.2 billion) deal that threatens to dilute its per-share earnings. Raging River investors will receive 1.36 common shares of Baytex for each share they own, the companies said Monday. Baytex Chief Executive Officer Edward LaFehr will remain in his post, and Raging River CEO Neil Roszell will serve as chairman.
Baytex Energy Corp. (“Baytex”) (BTE.TO) (BTE) and Raging River Exploration Inc. (“Raging River”)(RRX.TO) are pleased to announce that their respective boards of directors have unanimously agreed to a strategic combination of the two companies (the “Transaction”). The combined organization will be a well-capitalized, oil-weighted company with an attractive growth and free cash flow profile provided by its world class assets across North America.
Presenters include U.S. and Canadian shale producers, Gulf of Mexico and Latin American producers, expert panel discussion on Mexico's growing E&P opportunities DENVER , June 13, 2018 /PRNewswire/ -- EnerCom, ...
Today, WallStEquities.com scans Anadarko Petroleum Corp. (NYSE: APC), Apache Corp. (NYSE: APA), Baytex Energy Corp. (NYSE: BTE), and Cabot Oil & Gas Corp. (NYSE: COG). Companies in the Independent Oil and Gas space receive nearly all of their revenues from production at the wellhead.
NEW YORK, May 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of EnLink ...
EOG Resources (EOG) first-quarter 2018 results benefit from increased production, higher oil and gas price realizations as well as lower exploration costs.
Zacks.com highlights: Baytex Energy, Capstone Turbine, Endocyte, First BanCorp and FuelCell
The Calgary, Alberta-based company said it had a loss of 21 cents per share. The oil and natural gas company posted revenue of $226.4 million in the period. The company's shares closed at $4.48. A year ...
CALGARY, Alberta, May 03, 2018-- Baytex Energy Corp. reports that the nominees listed in its Information Circular-Proxy Statement for the 2018 Annual Meeting of Shareholders were elected as directors. ...
CALGARY, Alberta, May 03, 2018-- Baytex Energy Corp., reports its operating and financial results for the three months ended March 31, 2018.. “We successfully executed our first quarter plan which puts ...
Williams Partners' (WPZ) Q1 results hurt by lower revenues from the sale of the Geismar olefins facility. Higher fee-based revenues from commissioning of Transco expansions are a positive.
Noble (NE) first-quarter 2018 results gain from higher dayrates of jackups, offset by lower dayrates for drillships and semisubmersibles as well as total rig utilization.
Baytex Energy Corp (NYSE:BTE) is currently trading at a trailing P/E of 15.6x, which is higher than the industry average of 13.3x. While this makes BTE appear like a stockRead More...