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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

Post by Wildfuryon Feb 28, 2023 7:29pm
330 Views
Post# 35311237

NYSE LISTING CURSE#2 ?

NYSE LISTING CURSE#2 ?Well , this was a sad day , like a deer caught in the headlights . Did Nuttall dump everything ? Who do we believe anymore ? Did Josh Young have heads up?He dumped his holdings around $7.50 , wish I did ,leason learned . The facts are that Baytex had just began trading on the NYSE mearly hours before they announced a huge takeover & less than a week of the 2022 year end numbers . For now , if you haven't sold is because you possibly feel that it could be a good thing in time , or pissed at the fact that you never sold when it was over $8.00 plus. For the moment , they're going to shake this tree really hard ,possibly violent at times .They can't afford to let it drop too much for any length of time because they could face a delisting once again from the NYSE & TSX 60 , not that latter means anything . Some are saying 3-5 years , my opinion , 18 months for it to settle. One thing I read about Ranger oil , their outstanding shares were in the 41 million range with a closing price on the NASDAQ of $41 plus US. Happy or not ,I'm stuck in this marriage because divorce is much worse , good luck too all .
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