8 May 2020agm notice● Neutral
BAYTEX ENERGY USA, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 May 2020quarterly activities report● Neutral
BAYTEX ENERGY USA, INC. reported quarterly revenue of $91.4 million and net income of $163.1 million for the period ended 2020-03-31.
8 May 2020securities registration● Neutral
BAYTEX ENERGY USA, INC. registered a securities offering with the SEC using its shelf eligibility.
6 May 2020debt financing▼ BadMajor
On April 30, 2020 Penn Virginia agreed to Amendment No. 7 to its credit agreement, cutting the borrowing base from $500 million to $400 million and then $375 million effective July 1, 2020, and capping availability at $350 million from October 1, 2020 until the Fall 2021 redetermination. Margins rise by 100 basis points, the maximum leverage ratio drops from 4.00 to 3.50 times, cash above $25 million must be used weekly to repay loans, and dividends and buybacks are further limited until the Spring 2021 redetermination. This reverses the May 2019 loosening of the facility; the filing also references an operational update press release but its contents are not given.
7 Apr 2020agm notice● Neutral
BAYTEX ENERGY USA, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. director Victor Frank Pottow received 5,150 shares as part of the equity award.
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. director Tiffany Thom Cepak received 5,150 shares as part of the equity award.
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. director Darin G Holderness received 5,150 shares as part of the equity award.
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. director Jeff E Wojahn received 5,150 shares as part of the equity award.
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. director Jerry R Schuyler received 5,150 shares as part of the equity award.
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. SVP-Operations & Engineering Benjamin Mathis received 15,891 shares as part of the equity award.
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. VP and Controller Tammy Hinkle received 7,800 shares as part of the equity award.
20 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. SVP, CFO and Treasurer Russell T Kelley Jr. received 35,766 shares as part of the equity award.
16 Mar 2020substantial holder notice● Neutral
Ari Zweiman disclosed a new substantial BAYTEX ENERGY USA, INC. shareholding (6.40% of votes).
5 Mar 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. President and CEO John A Brooks bought 1,000 shares on the open market.
20 Feb 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. President and CEO John A Brooks had 3,700 shares withheld for taxes on vesting stock.
14 Feb 2020substantial holder notice● Neutral
Silver Point Capital, L.P, Edward A. Mul&#, Robert J. O'Shea disclosed a new substantial BAYTEX ENERGY USA, INC. shareholding (6.90% of votes).
14 Feb 2020substantial holder notice● Neutral
Westwood Management Corp disclosed a new substantial BAYTEX ENERGY USA, INC. shareholding (5.01% of votes).
12 Feb 2020substantial holder notice● Neutral
The Vanguard Group reported a BAYTEX ENERGY USA, INC. shareholding of 973,777 shares (6.43% of votes) in a periodic institutional filing.
12 Feb 2020substantial holder notice● Neutral
Contrarian Capital Management, L.L.C reported a BAYTEX ENERGY USA, INC. shareholding of 285,088 shares (1.90% of votes) in a periodic institutional filing.
11 Feb 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. 10%+ owner Strategic Value Partners, LLC sold 100,617 shares.
4 Feb 2020substantial holder notice● Neutral
BlackRock, Inc reported a BAYTEX ENERGY USA, INC. shareholding of 2,136,066 shares (14.10% of votes) in a periodic institutional filing.
28 Jan 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. President and CEO John A Brooks had 3,706 shares withheld for taxes on vesting stock.
28 Jan 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. SVP, CFO and Treasurer Russell T Kelley Jr. had 459 shares withheld for taxes on vesting stock.
28 Jan 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. VP & Controller Tammy Hinkle had 440 shares withheld for taxes on vesting stock.
28 Jan 2020director interest notice● Neutral
BAYTEX ENERGY USA, INC. SVP-Operations and Engineering Benjamin Mathis had 1,649 shares withheld for taxes on vesting stock.
20 Dec 2019director interest notice● Neutral
BAYTEX ENERGY USA, INC. SVP, CFO and Treasurer Russell T Kelley Jr. received 3,468 shares as part of the equity award.
18 Nov 2019director interest notice● Neutral
Russell T Kelley Jr. became a BAYTEX ENERGY USA, INC. SVP, CFO and Treasurer and company insider (initial ownership filing).
18 Nov 2019director interest notice● Neutral
BAYTEX ENERGY USA, INC. President and CEO John A Brooks had 3,334 shares withheld for taxes on vesting stock.
18 Nov 2019director interest notice● Neutral
BAYTEX ENERGY USA, INC. President and CEO John A Brooks bought 1,000 shares on the open market.