Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp

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Post by trader009on Sep 25, 2015 3:16pm

137 Views

Post# 24136471

Realistically speaking.....

Insiders would not be buying shares if they thought BTE was going broke.....

Director Mary Ellen Peters acquired 11,000 shares of the company’s stock in a transaction on Monday, August 24th. The stock was purchased at an average cost of C$4.56 per share, for a total transaction of C$50,160.00. Also, insider Gregory Alexander M. Sawchenko acquired 32,880 shares of the company’s stock in a transaction on Monday, August 31st. The shares were bought at an average price of C$7.46 per share, with a total value of C$245,284.80.

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This junior mining stock offers billions in market exposure