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 > sell/hold plan for my energy shares

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Comment by Drifter133on Mar 06, 2022 1:39pm

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Post# 34488159

RE:sell/hold plan for my energy shares

forecast,
management has stated that Div. will not happen until debt gets to 800M minimuim and that's a maybe but good odds. Date wise for dividends is out of picture.
I agree with you and that they should go balls to the wall with production and screw buybacks and dividends until debt is under 500M minimuim. As you said "take advantage of this crasy oil pricing!

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This junior mining stock offers billions in market exposure