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

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Comment by TechTargeton Oct 19, 2015 1:14am

88 Views

Post# 24203749

RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil price

China is still growing! The estimates had been reduced on the *increase* in growth and the actual are now higher than expected. They are now within reason really! Growting too fast is not good.

These resources trade as if China is shutting down for god sakes!

Bottom line is that BTE is undervalued. All the negatives have been priced in. Do you own due dilligence but this is a solid BUY long term.

In a year people will be going "good job to anyone to bough below 10$ blah, blah blah" I was floored to see that a week or so ago from the shameless BTE bashers! "Great job for those who bought at sub $4!) Really, yeah, thanks! Go fly a kite now bashers and shorts, you;re still on the wrong side of the trade at these prices!

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