Portfolio Shift
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Is Baytex Energy's 52-Week High Backed by Its Portfolio Shift?
ZACKS· 2025-12-09 16:41
Key Takeaways BTE surged 62.6% in six months, hitting a 52-week high after exiting U.S. assets to focus on Canada.Heavy oil and Duvernay plays drive growth, with over 1,300 drilling locations and strong Q3 output gains.Capex front-loading boosts 2025 free cash flow visibility as BTE targets a leaner, debt-light structure.Baytex Energy ((BTE) has surged more than 60% over the past six months and reached a fresh 52-week high of $3.32 on Friday. The rally reflects growing confidence in the company’s post-sale ...
This Fund Dumped $19.6 Million in Abercrombie & Fitch Stock Even as Sales Hit a Record $1.3 Billion
The Motley Fool· 2025-12-08 13:30
A drastic portfolio shift just impacted one of retail’s biggest comeback stories — here’s what long-term investors should take from it.In a filing made on November 14, New York City-based RPD Fund Management disclosed a sale of 237,000 Abercrombie & Fitch Co. shares during the quarter ended September 30, 2025, reducing its position by approximately $19.6 million versus last quarter.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, RPD Fund Management reduced its ...