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 casino_royalon Jan 29, 2017 9:57am

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Post# 25769307

RE:RE:RE:RE:RE:Takeover 2017

objectiveW wrote:
The new CEO didn't mention the dividend part but I believe based on what he said in his presentation, it's an educated assumption that dividend is likely to come back when WTI goes above $65. Of course everything would depend on oil price over the next 18 months. I'm bullish on oil so I'm biased.

Not sure if dividends are the way to go with these oil companies anymore, just payoff the debt and shareholders will appreciate this rather than 1%/2% div in the future. Look at Cresent, its clearly not helping them. gl

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