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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Comment by invest2profiton Sep 13, 2019 8:20pm

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Post# 30125934

RE:RE:RE:2 insiders dumping

I understand selling some if almost 100% of your net worth is in one stock.
But why wait until now at this historic low? Bottom line, 2 insiders have sold to (allegedly) manage their exposure to Baytex...

skygarden wrote: This is the response they gave me: With regards to the insider selling that has occurred: - Jason Jaskela (our Chief Operating Officer) following the combination with Raging River a year ago, his net worth was almost 100% Baytex shares. The concentration of his portfolio in one name has obviously not been ideal and he feels the need to manage the concentration risk at this time. - Scott Rideout (our VP Land) personal circumstances have arisen that necessitated that sale. - Kevin Olson (Director) he is managing his energy exposure. Regards, FAYE HUSHAGEN | INVESTOR RELATIONS Main: 587.952.3000

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