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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 269,000 gross 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

Bullboard Posts
Post by gimlimikeon Nov 18, 2014 8:27pm
293 Views
Post# 23142100

When you look at the numbers .....

When you look at the numbers .....It stand head and shoulders above allmost all others in critical metrics, but some think that bte is the only one dropping and othersare making highs. I would bet my last dollar if you could find an oil co on rhe tsx that has made a new high in the past month.  

Forvthose who actually read rhe financial statements it becomes very clear why bte is the pick of the litter. i think that bte is lining up for another acquisition in the eagleford and we may see an equity raise in thr near future. It may be a bit soon but assets are cheap and there are some panicky sellers right now. So if this happens we will see some more downside followed by a violent uptick once oil starts to go back up, and it will, it allways does. 

But we will still see shareholders crying for assurances , these managers are best of breed, let them do their job and we will all be rewarded down there road.
Bullboard Posts