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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 patenright1on Jul 29, 2015 8:36pm
98 Views
Post# 23974096

RE:RE:RE:RE:Q2 Not going to be nice

RE:RE:RE:RE:Q2 Not going to be nice fair enough, that said you do realize the stock has been pounded, it is all about what a price is discounting, I have been at this over 30 years. I disagree with you that if bad, stock will fall more than if good and wont go up much. the stock is already discounting bad ER and maybe even a cut, so even if ER is poor and get a cut, stock wont get hit too bad, $1 down tops which is nothing if you are a long term buyer as I am. Even with a 50% div cut, yield is still 5% which is good and why stock wont fall much more. Fine, you don't want to take on risk of holding this through ER, but I am due to a good risk reward ratio here as well as I am holding this for 2-3 years and firmly believe oil will be back in 70s in 2016 and bte will be around 25 or twice as a high as now
Bullboard Posts