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 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

Baytex Energy Corp

Bullboard Posts

Post by Piperdownon Jul 30, 2015 4:27pm

127 Views

Post# 23977445

CVE cut it's dividend

CVE cut it's dividend by 40%, cut jobs and spending and their sp was up over 2%. BTE didn't and the sp is down over 3%. BTE left the door open for the shorts to jump on as they know they can ride this down until the dividend is cut. It is as simple as that. Everyone knows a company BTE's size can't sustain a 10% yield.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario