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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 Wonnetron Oct 28, 2016 11:13am
46 Views
Post# 25398257

RE:Until

RE:Until
Even if they don't beat the street, this stock wont drop next week. If they ever did happen to run into difficulties (which would be a very long time), they still 5.2 billion in mineral assets to reduce their debt... Someone with cash would love to have them if BTE put a for sale sign on a few of them. Even if they paid off all their debt by selling all their properties. They would still have 2 billion dollars in cash left over. That's about 10 bucks a share....so, don't kid your self in believing this stock isn't a steal right now....
Bullboard Posts