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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 riskion Feb 28, 2023 12:23pm
127 Views
Post# 35309968

RE:What is Ranger? Have all the 'Bulls' even bothered to look?

RE:What is Ranger? Have all the 'Bulls' even bothered to look?This is a pretty simple take. Context is important. In 2020, you could buy BTE shares for $0.30. Any energy bought in 2020 looks great today. Many of us on this board are in the same boat as Juniper capital.

But now it's 2023 and we have a whole different ball game. Here's a tip: Don't look where a company has come from, look where it is going. 

65F09A wrote: Juniper Capital owns roughly 55%.  They acquired 60% of Penn Virginia in late 2020, a distressed Eagle Ford producer (former coal producer).  In late 2021 Juniper bolted on Rocky Creek Resources and Lonestar and rebranded it all as Ranger.  A fantastic move by Juniper to pretty this up and drop it on our FNG Greager.  Juniper is the big winner here after making all the right moves in 2020 and 2021.  BTE is not picking Juniper's pockets no matter how Smallcap, Gambino, HO89 and Riski try and spin it.


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