I own Ranger . . . okay to be fair I own Penn Virginia, which then became Ranger (“ROCC”). No it’s never been a large position, and no I never thought the company had great assets, or a phenomenal management team. It was all part of a larger bundle of E&Ps that gave me torque to oil’s upside. Torque that wrenched the portfolio this way and that, as torque usually does, since it goes both ways.
Baytex's Acquisition of ROCC, Brilliant or Befuddling?
February 28, 2023
