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

Bullboard Posts

Comment by BullishBaytixon Apr 09, 2016 6:42pm

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Post# 24748643

RE:RE:RE:RE:RE:RE:RE:new aliases

Can they even paydown their long term debt? Isnt this debt in the form of bonds that mature in 2021? I know they had a smaller debt due 2019 I think...

I would suggest that if they start having spare cash flow they could actually reinstate the dividend. they used to be a trust, and the business model hasnt changed that much and I believe they still have the mandate to pay out free cash flow as dividends.

If this happens and oil is over 50 for a while, and the dividend comes back (even just a smalle one) Wow. My shares will be worth a lot more.

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This junior mining stock offers billions in market exposure