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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Missed Nuttall this morning
View:
Post by IainCaimbeul on Mar 02, 2023 10:01am

Missed Nuttall this morning

What did he have to say wrt BTE?
Comment by MoreCarbon on Mar 02, 2023 10:24am
https://www.bnnbloomberg.ca/video/eric-nuttall-s-market-outlook~2635267
Comment by checkup on Mar 02, 2023 10:39am
This is not a current post.  It is from Feb 23rd.   I would like Nuttal's take the new acquisition.  One analyst said Ranger oil assets are not as good as BTE thinks and down graded shares to 5.50.
Comment by forecast123 on Mar 02, 2023 10:50am
He said existing BTE Eagle Ford asset was managed by XXX.  The Ranger Eagle Ford asset was managed by Ranger itself, so they can use Ranger technical team there to manage what XXX is managing...so it is like smoothing out the management of Eagle Ford assets there... He also said long term it will be a better FCF return to shareholders.....Just 5 mins, so not much in detail.
Comment by clamlinguine on Mar 02, 2023 10:50am
He likes the deal. Increases fcf/share immediately and in future.
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