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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > NGL's And CPG
View:
Post by Leewardcape on Mar 01, 2022 7:02pm

NGL's And CPG

About 6-8 months ago CPG abandoned their debt reduction discipline and bought a Shell Asset for $900 million. .apparently the deal was just too good..and it mainly produces Natural Gas Liquids which sell at a premium to the lightest, most sulfur free oil...we may just see the wisdom of this before the market opens Thursday, March 3. GLTA
Comment by Nothingmatters on Mar 01, 2022 7:35pm
I believe that cpg is going to drop 10% after. Will wait
Comment by perstrudent on Mar 01, 2022 8:52pm
I think youre right...they hinted at the duverney wells being better than expected...my guess is CPG blows the lights out...and if not on this quarter..definently on the next quarter with 133 condi pricing...netbacks going to be like $100 insanity...absolutely stole that asset from shell.... They were buying shares in January fairly frequently too...hopefully they announce heavy share buyback and ...more  
Baytex Energy Corp
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