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 > Oil price needs to compromise

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Comment by BayStreetWolfTOon Jun 23, 2022 1:27pm

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Post# 34777749

RE:Oil price needs to compromise

Your kidding right? No offence....but if oil wants to stay at $100+ and equities drop 90% from here I will continue to buy.

In fact I have no problem buying 285 million shares @ $0.50 for $142million to take 50% of the company. I would gladly take the 50% of the $1 billion in FCF next year @ $95

LOL

investmenthound wrote: For the benefit of the world 80 oil would be okay. And be stable there. As investors we are still making money, but 120 helped to inflation and caused a recession.

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