Baytex Energy (BTE.TO) and Raging River Exploration’s (RRX.TO) $2.8B merger

Themoneynarrative is pleased to present, for educational purposes, an informative article written by Calgary-based business reporter Geoffrey Morgan, who focusses on the oil and gas sector.  The article, entitled Investors not ‘enamoured’ by Baytex and Raging Rivers’ $2.8B merger — biggest deal in the oilpatch this year,

themoneynarrative tips and pointers #19 (company news and industry trends)

The value of a listed issuer in the long term is largely a function of its ability to generate profits for shareholders.  Its share price at any point in time, by contrast, is more a function of various factors (which are constantly in flux) and shareholder perceptions.

themoneynarrative 3-month report card – Baytex Energy (BTE.TO)

Report publication date: November 2, 2017
Recommendation: We like Canadian oil and gas producers; for those with higher risk tolerance and looking for capital gains, leveraged plays such as Baytex Energy (BTE.TO), particularly under $3.00.  In view of recent price movement and our expectation of

themoneynarrative tips and pointers #13 (index composition)

On Monday, January 22, 2018, the S&P/TSX Composite Shareholder Yield Index, as part of its quarterly review, will add seventeen issuers (in place of removed ones), including two companies covered by themoneyblog: Baytex Energy (BTE.TO) and TransCanada Corporation (TRP.TO).

EIA weekly figures

The U.S. Energy Information Administration (EIA) published its weekly figures at 11:00 AM this morning owing to the Christmas week holiday schedule.  As ongoing evidence of shrinking petroleum reserves, total stocks in the past week declined 8.7 million barrels, including a decline of 4.5 million barrels for crude oil.  These numbers out of the U.S.,

themoneynarrative oil and gas commentary (making progress)

In this morning’s weekly report, the U.S. Energy Information Administration (EIA) revealed that total petroleum stocks declined 14.2 million barrels from the prior week.  This is a large decline, and underscores that OPEC’s views about the market gradually coming back into balance have merit.  Predictably, oil stocks reacted very favourably to