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.

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Baytex Energy Corp > Baytex, hugh improvement of netback per boe

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Comment by riskion Nov 04, 2023 3:49pm

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Post# 35717636

RE:Baytex, hugh improvement of netback per boe

Yes, the deal was accretive at $70, and looks even better now. But you would have a hard time convincing anybody of that last year when it sold off at announcement.

It ended up being a great opportunity to add shares all the way down to the 3.90s.

red2000 wrote: Baytex !!! Is it really a profitable O&G CDN Cie ?
See the chart from Jeremy McCrea about AVG. Netback for CDN O&G and where Baytex is ... way higher of his chart !!!.
Look also at the improvement compare in Q3 vs avg. of 9 months so far in 2023.