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 Jun 10, 2017 12:25pm

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Post# 26348828

RE:BTE, CJ vs ECA

I don't follow ECA but CJ is a screaming buy relative to BTE. CJ is profitable @40 whereas BTE needs $55. Sure if WTI pops to 55 soon and rises from there you will get higher return with BTE. But if WTI stays range bound between 45 and 50, BTE share price will continue its decline. And, if and when energy gets back in favour with funds and institutions, money will flow first to the quality names like CJ and RRX.

I think BTE is ok for a speculative "mad money" investment but it seems many of the posters here have BTE as their only energy name (and in some cases their only equity)....

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