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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 Marty47on Mar 04, 2024 9:18pm
166 Views
Post# 35914823

RE:RE:RE:Insider buying

RE:RE:RE:Insider buyingthe only way to expect to fix this quick is selling some assets when wti is high , not during a fire sale , better sell when oil high , not sure what can make sens , but like cpg sold North Dakota 23500 b/d that was generate 375 millions a year at 75 wti , people didn't like it but by 2027 these assets would give 18000b/d , they got 675 millions for the sale , I think this was a good move ..... maybe Baytex should do a move like that , sell 500 millions worth of assets and focusing in one area .... safer move 
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