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According to Reuters, Ranger Oil Corp (ROCC) is exploring a potential sale

  • November 18, 2022


StockRanger Oil CorporationSymbolROCC
Date Announced11/18/2022Source Reuters
TypeNews Report
Date of Confirmation: 02/28/2023Price at Confirmation: $41.31
Potential Profit: -5.64%Annualized Profit: -20.19%

Ranger Oil Corp (ROCC) is exploring a potential sale as the south Texas oil and gas producer looks to capitalize on high energy prices to pursue strategic options, people familiar with the matter.


February 27. 2023: Canadian oil and gas producer Baytex Energy Corp (BTE) is nearing a deal to acquire U.S. peer Ranger Oil Corp (ROCC) for around $2.5 billion including debt. Baytex will pay a mixture of cash and stock to buy Ranger at a small premium to its current market value of $1.8 billion.


Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.