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 > CNBC shout out to Baytex

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Comment by JohnnyDoeon Aug 10, 2023 7:06am

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Post# 35581160

RE:RE:CNBC shout out to Baytex

masfortuna wrote: Thx Cobalt. Ok so long term will be the issue is what I take away from that.

That was a very good interview. I think we are too used to only hearing Nuttall talk up oil. Nice to hear it coming elsewhere.

I don't know the guest at all, but having BTE as a top pick south of the border is great. Cdn oil stocks trade multiples below their US peers and within Canada, BTE trades below many of its peers. Perhaps one of the biggest opportunities for BTE holders is Americans embracing the stock and moving it closer to typical multiples enjoyed by US firms.

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