Baytex Energy Corp T.BTE

Not a done deal

[HighOctane89]

If you read the entire PR it says that both Ranger "and Baytex" shareholders need to approve the deal . See when they call for the vote , until then its still speculation .

[widrig]

"the transaction has been unanimously approved by the boards of directors of Baytex and Ranger and is expected to close late in second quarter 2023" shareholder vote it's just a formality, this is a done deal..... take iadvantage of the cheapies lol

[barneyj44]

Eric got what he wished for, a Company with torque.Too bad it's to the downside...at least for the time being..

[clamlinguine]

I only see that it has to be approved by the majority of Ranger shareholders at a special meeting. Where does it say bte owners have a say?

[riski]

BTE shareholders will have to vote, but there is no way the majority will say no to a deal like this that transforms the company to a predominant light oil producer getting premium Louisiana light rates to WTI and >150,000 BOE in a bullish oil environment.  Coming out of seasonal weakness for the industry, the timing is astute.  If you don't like what you see, don't wait for

[Teddybull13]

I fully agree with your comments, Riski. This is a great deal. 

[clamlinguine]

too late

[1234bmth]

The SP reaction explains clearly if the deal is great or very bad. Down almost 10% answers to all the questions.