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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 TechTargeton Sep 30, 2015 9:37pm
113 Views
Post# 24151746

Not Inventory that's important! It's the fundamentals!

Not Inventory that's important! It's the fundamentals!The mind manipulators here are pretty good.  They want BTE shareholders to surrender their shares for pennies on the dollar because the inventories are high??  It's about production levels that are decreasing like a tank across the sector.

The inventories might have an impact on the price if it was traded at over $10 but at these prices, that's all built in.

You have to bring some new bad news to the table!    This company is now worth less than $1B also it's cash flow last year was more than that?  It's purchased the US operations for almost $3B and has payed off a chunck of it with $17 paper and you want us to give it to you for less than $5??

Can you please go visit CRS or something, that's the type of oil you guys are interested in!

Look, we know what the insider stake is.  It's getting bigger by the day!  What does that tell you smart guy?
Bullboard Posts