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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 riskion Mar 04, 2024 6:24pm
254 Views
Post# 35914520

Insider buying

Insider buyingSome strong insider buying today. Greager and colleagues putting their money where their mouth is. Opportunity knocks as retail sells off on an excellent earnings report that beat on production and capex. You can't make this stuff up.

BTE execs are doing everything they said they were going to do and more. Yet the retailers panic over the journaling of a simple accounting procedure to SAVE the company tax expenses in the near future.

Notice how not a single analyst has referenced the write down as a negative part of the earnings report? 

I can understand why the insiders are all over this share price along with institutiona; buyers. Knowledge is king and those who know reap the rewards. The naive get robbed again.

It was ever thus. 
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