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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 Maxmoeon Apr 01, 2024 4:31pm
199 Views
Post# 35963642

RE:RE:RE:BTE Is CATCHING UP To ATH: WCS Is ALMOST USD 70/Bbl.

RE:RE:RE:BTE Is CATCHING UP To ATH: WCS Is ALMOST USD 70/Bbl.True Dat, but ATH already has ZERO debt so 100% of that cash flow can go toward growth/buybacks/dividends. Too few investors and directors understand that a company doesn't need to use cash flow to pay interest on the debt, they also have to repay the principle, the nut.  Not just the juice. Trump still owes the whole 550 million, not just the $150 he must put up as the bond. Imagine if they never made that acquisition but instead spent the last 2 years paying debt down to zero and or making huge stock buybacks and/or paid a big onetime divy ?!? I'd say I'd still own it and it would be over $10. So what will they buy next? Hope it isn't ATH. LOL.
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