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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
Comment by gimlimikeon Jan 31, 2015 1:55pm
207 Views
Post# 23385111

RE:RE:QUARTERLY FINANCIALS

RE:RE:QUARTERLY FINANCIALSNot really, it will respond to oil quicker, they have no substantial debt payments until 2018 and have allready reduced capital,dividend so it now hang on and hope oil goes up this year. I think they may be able to wring out very big discounts from drillers and suppliers  now and it may give them more cost savings then they anticipated,this will probably be the only surprise in the next quarter.
Bullboard Posts