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

Comment by Piperdownon Aug 19, 2015 3:33pm

138 Views

Post# 24032931

RE:RE:RE:margin calls most likely

matrad wrote: Even a 50% haircut to the Dividend is over 8% at these prices. A dividend cut would send the price higher probably, it did for CPG. Hopefully we just laugh all the way to the bank with 17-18% dividends though.

I can't see how you would be laughing all the way to the bank. Am I missing something? The stock is down in one day the amount you would collect in dividends over the whole year. That is in just one day. This stock is down big everyday for something like 40 days straight now. I don't see how anyone is collecting the dividend and laughing all the way to the bank??

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