Today: 1 July 2026
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TSX:WCP 19 May 2026 - 25 May 2026

Baytex Shares Slip After Oil Decline

Baytex Shares Slip After Oil Decline

Baytex Energy Corp. shares on the Toronto exchange slid 5.48% to C$6.73 as of 2:43 p.m. ET Monday. Canadian oil names sold off, with Whitecap Resources off 3.81%, Athabasca Oil down 5.14%, and Tamarack Valley Energy losing 5.09%. That came even as the TSX set a new record high. Baytex has had a strong run in 2026, not just a tough session. The shares are still up 51.58% for the year, MarketScreener data shows, despite dropping 8.06% in the last five days. That makes it harder to brush off a weaker oil market now.

Stock Market Today

  • Clearwater Analytics (CWAN) off NYSE after $8.4B buyout closes
    July 1, 2026, 11:06 AM EDT. Clearwater Analytics Holdings (NYSE:CWAN) is out of the NYSE after Permira and Warburg Pincus finished their $8.4 billion take-private, closing June 25. Shares last traded at $24.56, basically flat with the $24.55 cash merger price, and about 47% above the price before the deal was announced. The transaction values Clearwater at roughly 9.6x its Q1 annual recurring revenue of $872 million. The buyers put up $5.7 billion in equity and used $2.7 billion in debt. Revenue jumped 74% in Q1 2026, but Clearwater still lost $2.8 million that quarter. Now delisted, the stock drops from indexes and shareholders get bought out, with the risk now on Permira and Warburg Pincus.
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