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 Johnnysbackon Mar 09, 2017 7:49am

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Post# 25955726

RE:RE:RE:Crude Down $1.40

Nessrookie wrote: Because they can sucked enough people into buying the equity. Sorry to say but "If" these share prices get back to their Jan levels, there will be another round of equity dilution. There has to be, there is zero chance they can producer position cash flow after debt. Wall street lets them

In fact the best possible option is to bankrupt, wipe the balance sheet and away you go

They are no where near that. They have an obligation to shareholders to keep the company going and do their best. They can service the debt at this point so going forward oil is still around 50, it might bounce in the coming weeks also, and it could be back to $5 per share.

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