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On the Record · Baytex Energy Usa

Baytex Energy Usa acquisitions, on the record

The businesses Baytex Energy Usa bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Hunt Oil Company
Word for word“In 2018, we completed the acquisition of certain oil and gas assets from Hunt Oil Company, or Hunt, including oil and gas leases covering approximately 9,700 net acres located primarily in Gonzales and Lavaca Counties, Texas, or the Hunt Acquisition.” 10-K for 2020
acquisitionIn 2018—
Rocky Creek
Word for word“In the event we do complete an acquisition, such as the recently completed acquisition of certain oil and gas assets from Rocky Creek, its success will depend on a number of factors, many of which are beyond our control.” 10-K for 2020
acquisition——
Lonestar Resources US Inc.
Word for word“Based on the closing price of our common stock on October 5, 2021 of $30.19, the total value of our common stock issued to holders of Lonestar common stock, warrants and restricted stock units as applicable, was approximately $173.6 million.” 10-K for 2021
acquisitionOn October 5, 2021approximately $173.6 million
Ranger Oil Corporation (merger with Baytex Energy Corp.)
Word for word“On February 27, 2023, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Baytex pursuant to which, among other things, the Company will merge with and into a wholly owned subsidiary of Baytex with the Company surviving the merger as a wholly owned subsidiary of Baytex (the “Baytex Merger”).” 10-K for 2022
agreed acquisitionOn February 27, 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2017-12-31$200.8 million
2018-12-31$85.4 million
2019-12-31$6.5 million
2020-12-31$0
2021-12-31−$11 million

Deal filings since 2016

Read from Baytex Energy Usa’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-03-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.