Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

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TSX:BTE - Post Discussion

Baytex Energy Corp > Juniper

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Post by dandu1924 on Sep 19, 2023 10:11am

Juniper

Somebody of the management said Juniper was in BTE for long time investor, so the block sale=???. So who to trust now.

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Comment by Casey112 on Sep 19, 2023 10:17am

The volume is very high. Definitely not a block trade. No news from company.

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Comment by robert41 on Sep 19, 2023 10:24am

Waterdplants posted this earlier maybe Bte doesn't have to announce anything....HOUSTON, Sept. 19, 2023 /CNW/ - Juniper Capital Advisors, L.P. ("Juniper") announces that on September 18, 2023, Rocky Creek Resources, LLC ("RCR") and JSTX Holdings, LLC ("JSTX") and Juniper Capital III GP, LP ("Juniper GP III"), each an entity controlled ...more

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Comment by Sugaree on Sep 19, 2023 1:21pm

Anyone know offhand how many shares Juniper have in total after the closing of the deal?

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Comment by stock_for_gold on Sep 19, 2023 1:36pm

I think they had originally 168 million shares. They owned around 20% of Baytex which is quite a bit of shares for institution to own.

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Comment by Sugaree on Sep 19, 2023 1:49pm

Thanks. If they had 168m divided by 3 then they can sell 56m today, of which 51 got crossed, which only leaves 5 million. With today's volume, I would say a good chance it will all get sold soon. Do we know how many shares of Ranger existed before the deal? I am looking.

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