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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...
/ 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.
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TSX:BTE - Post Discussion
Baytex Energy Corp
> AMAZING BUT??
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•••
riddler
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Post by
riddler
on Jul 28, 2023 3:56pm
AMAZING BUT??
The rise of the SP today has been incredible with huge volume on the NYSE and TSX. We were at $3.90 about a month ago. Report was strong but is something else up?? Nevertheless, a great day. GLTA
(484)
•••
uwebb429
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Comment by
uwebb429
on Jul 28, 2023 4:27pm
$3.90 was an irrational beat down. It happens. It was a great buying opportunity. Now that the Ranger merger is complete, investors are starting to see the bigger picture. The Q2 results only included 11 days of Ranger production. Imagine how Q3 and Q4 will look with these companies fully integrated? At $80 WTI, those Ranger assets will be contributing record cash flow. Raymond James and their $5
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