Baytex Energy Corp T.BTE

NUTALL hinted that something was up Jan 27 Market call

[Corbomite]

NUTALL did mention something about this. But this
Is the opposite of what management said they would do.
I bet he dumped all his stock last week. This Wednesday
his fund states their position in BTE. If he did dump then he 
can't be trusted either. Looks like Ranger is a good company
trouble is it may take a couple years to integrate and benefit
the share price

[IainCaimbeul]

Eric said on 27 jan 2023 "They (BTE) talking about expanding their US foot print"  So why is the wildman so shocked and surprised? We shall see how it turns out if indeed it happens.

[GambinoB]

Calling it like it is. People choose to hear what they want Eric knew and even said publically Wild doesnt pay attention Just pumps his agenda with no basis Anybow finally maybe a shift to US headquarters like other to increase value long term and get away from that horrible left wing country Sorry snow shoes you had your chance to prove value in Canada Let us Americans run it now

[Burgersandfries]

On February 24th nutall said he was the largest shareholder of Bte.

[GambinoB]

Just funny listening to Canadian retail dummies Yeah he knew and yeah big holder You dont think they ran it by him for yay or nay opinion My bets his fund had access to deal details and they had an opinion Eric by proxy picks up US assets Funny listening to Canadians though...no wonder your companies cant get the value You need us Next trump comes and fixes it all and replaces your queen

[Chrisinvan7]

Sure, Trump can replace Canada's non-existent Queen.. 

[IainCaimbeul]

Wrong, we have a queen - Justin Trudeau.

[Chrisinvan7]

Touch

[widrig]

still owns 27 Million shares, his projection is $20 share price eoy. WTI on the rise, he's spot on!! Gibberish basher  speculation here lol  

[Relaxrelax]

I'd be extremely surprised if Nuttall likes this.  He was not thrilled at all with TVE purchasing Delta and bit his tongue because he has so much invested owning 8% of TVE.   Very hard to liquidate such a large position.  I wouldn't be surprised if he plays ball with this deal as well being in such a tough position as BTE is his third largest position but I'm sure he'

[Burgersandfries]

Maybe it's a great deal for baytex? Maybe it's not going to happen very odd there's a leak on a deal this size. Funny how most just assume the deal sucks.

[MoreCarbon]

Ranger % Held by Institutions   88.62% Baytex  % Held by Institutions   16.00% Maybe they move headquarters to USA. Hoping all goes well tomorrow.  Cheers

[riski]

Very odd leak. This never happens in O&G. The source is easy to trace. No one would risk their job with unprofessional behaviour for no personal gain.  I think this is likely a trial balloon. The exec team wants to satisfy their ego with an acquisition, but fears a poor market reaction.  I think the leak is intentional.