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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 d_trumpon Feb 08, 2017 11:37pm
119 Views
Post# 25820783

RE:RE:RE:Trump....

RE:RE:RE:Trump....actually their balance sheet is a lot closer to the top tier names than it is to  BTE.   Debt to CF is 1:1 whereas BTE is about 4:1.

I was out all evening and just noticed the divy increase now....my timing was lucky indeed.  I actually doubled down with another order after going over their numbers again.   It was a no brainer.  I also really liked that Paul C was adding recently - this is assurance that Q4 is solid and Q1 is going well.  Like I said earlier, I see a quick 20% pop if oil prices just stay where they are, which I think is quite likely.
Bullboard Posts