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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

Comment by GotNoPensionon Sep 04, 2020 10:26pm
265 Views
Post# 31514849

RE:When it stabilizes

RE:When it stabilizes Game of Chicken is right...I think if share price dips to .60 it will bounce back up to .68-.70 in a few days. Don't miss the boat! There's also this today. I am hoping with debt maturities not until 2024 BTE won't be gobbled up in a hostile take over, but you never know. https://financialpost.com/commodities/energy/endangered-species-canadian-small-oil-and-gas-companies-under-pressure-from-impatient-bankers-to-find-partners-or-sell-out
topdown99 wrote: I would like to accumulate some BTE shares but I'm not going to buy in while its still falling . Looking for a little stability here first but this entire sector should see some nice appreciation as cold weather starts to set in . There seems to be a lot of chatter regarding $0.57/share but that seems too "bargain basement" although crazier things have happened . This seems like a game of chicken waiting for the next expected move in price .


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