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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Bullboard Posts
Comment by Ocalamanon Aug 26, 2016 3:49pm
76 Views
Post# 25181751

RE:wcp has BTE disease

RE:wcp has BTE disease I am not sure if you were inviting a debate on the merits of these two but in my book they are worlds apart in quality, credit exposure, debt depth, and access to new capital. 

They pay a .28 annual dividend and thier all in ( dividend plus  E & D costs)  payout ratio is 76%, you will very rarely find an oilco that is still paying a dividend and can meet that metric of ratio to cash flow .
Bullboard Posts