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Friday 7 August 2015
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Negative Moves Recap - Baytex Energy (NYSE:BTE), Peabody Energy (NYSE:BTU), Primero Mining (NYSE:PPP), Enerplus (NYSE:ERF)

On Wednesday, Baytex Energy Corp (USA) (NYSE:BTE)’s shares dwindled -4.92%, and closed at $16.82, as the Baytex Energy Corp, uncovered that a cash dividend of $0.10 per ordinary share in respect of March operations will be paid on April 15, 2015 to shareholders of record on March 31, 2015. The ex-dividend date is March 27, 2015. This dividend is an eligible dividend for the purposes of the Revenue Tax Act (Canada).

Baytex Energy Corp., an oil and gas corporation engages in the attainment, development, exploitation, and production of oil and natural gas in the Western Canadian Sedimentary Basin and the United States.

Peabody Energy Corporation (NYSE:BTU), declined -4.87%, and closed at $5.08, during the last trading session on Wednesday, as Peabody Energy will declared the results for the quarter ended March 31, 2015. A symposium call with administration is planned for 10 a.m. CDT on Thursday, April 23.

Peabody Energy Corporation holds in the mining of coal. The corporation operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. It is involved in mining and sale of thermal coal to electric utilities and metallurgical coal for industrial customers.

At the end of Wednesday’s trade, Primero Mining Corp (NYSE:PPP), dipped -4.83%, and closed at $3.55, as Primero Mining Corp, declared that it plans to release its first quarter 2015 operating and financial results and host its Annual General and Special Meeting of Shareholders (“AGSM”) on Wednesday, May 6, 2015.

Primero Mining Corp., a precious metals producer, engages in the attainment, exploration, development, and operation of mineral resource properties in Canada and Mexico.

Enerplus Corp (USA) (NYSE:ERF), ended its Wednesday’s trading session with -4.64% loss, and closed at $10.89, as Enerplus Corporation declared that a cash dividend in the amount of CDN$0.05 per share will be payable on April 15, 2015 to all shareholders of record at the close of business on March 31, 2015. As declared formerly, Enerplus believes this is a more appropriate dividend level in the context of current commodity prices. The ex-dividend date for this payment is March 27, 2015.

Enerplus Corporation, together with auxiliaries, holds in the exploration and development of crude oil and natural gas in the United States and Canada. The corporation primarily has interests in about 162,000 net acres of lands comprising about 77,000 net acres targeting the Stacked Mannville zones and 85,000 net acres targeting the Duvernay formation in the Deep Basin region, Canada.

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