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 d_trumpon Mar 30, 2017 3:37pm

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Post# 26054287

RE:Why are Canadian energy names getting beaten up today

I think BAT is part of it, but the problem is broader - I think the Cenovus deal highlights how out of favour Canadian energy assets are. Thanks to the lack of leadership in this country, international investors want out. Investors do not like uncertainty and dithering politicians. Trudeau and Notley have got to go IMHO. Over the past 6-12 months I have been moving out of CDN energy in favour of US names.

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Visionstate set to leverage success in the U.S. market