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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 Maxmoeon Jun 06, 2022 12:16pm
288 Views
Post# 34734365

RE:Are funds driven by share price growth or ...

RE:Are funds driven by share price growth or ...Dividends are nice if you want a steady reliable monthly income. Or even quarterly. A little growth in the divy is also nice. That's why investors buy banks and utilities. But not a small or mid cap oil producer. These stocks go up or down the entire annual dividend in a day. Very often. I've had days where bte goes up, or down, by more than I paid for the stock, in one day. That's what drives investor interest.Eric epitomized it Friday. He wants a potential double in the stock price. His insistence on returning free cash flow to shareholders is more about NOT repeating history and blowing shareholder capital on growth at any cost and piling up debt in the process. Sure, a 5% yield is nice but that can happen in minutes of trading.
FreddieSanford wrote: ... are they more driven by dividend distributions?

I ask this questions as retail is being replaced more and more with Baytex as price goes up.

It seems funds take out retail regardless of price if they see juicy dividend payouts currently or in the near future.

Maybe I'm presenting a simplistic view.

Does anyone have insight into how funds make investment decisions ... share price or payout potential over an extended period upcoming.


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