Baytex Energy Corp. Aktie News

The acquisition of Ranger Oil adds operated Eagle Ford acreage to the non-operated acreage. The ability to share information with partner Marathon Oil should lead to some production advances and cost savings. The additional light oil production gives the company the ability to exploit the heavy oil Clearwater leases.

Penny stocks have a horrible reputation for the most part and it's not necessarily undeserved. Too many times, charlatans hawk their junk securities, often in the over-the-counter market where regulations are far less stringent than in actual exchanges.

NEW YORK , June 20, 2023 /PRNewswire/ -- Arbor Realty Trust (NYSE:ABR) will replace Ranger Oil Corp. (NASD:ROCC) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, June 23. Baytex Energy Corp. (TSX/NYSE: BTE) acquired Ranger Oil Corp. in a deal that closed today.

HOUSTON, TX / ACCESSWIRE / June 16, 2023 / Ranger Oil Corporation ("Ranger" or the "Company") (NASDAQ:ROCC) today announced that the shareholders of Ranger voted in favor of all proposals associated with the previously announced merger with Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex"). More than 99 percent of the votes cast were in favor of the transaction.

While there are few stocks trading under $5 that I would consider investing in, promising penny stocks are still available. According to Finviz.com, 3,674 stocks have a market capitalization of $300 million or higher.

Baytex Energy Corp. shares were already cheap before the announcement of its Ranger Oil takeover. Baytex Energy shares have gotten much more attractive now.

No matter what I have to say next, you should not buy penny stocks. They're volatile, woefully unpredictable and can lead you to emotional reactions that ultimately hurt your finances.

NEW YORK , Feb. 28, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Ranger Oil Corporation (NASDAQ: ROCC) and its board of directors concerning the proposed acquisition of the company by Baytex Energy Corp. (NYSE: BTE). Stockholders will receive $13.31 in cash and 7.49 shares of Baytex Energy common stock for each share of Ranger Oil stock that they ...