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 Sabatoothon Nov 26, 2017 9:21pm

308 Views

Post# 27035009

RE:RE:RE:RE:Based on current low P/E, BTE might reach $12 in a year

I'm a bte BULL with over 75k invested and agree here with summon3r

remeber the days of 10+ was when divident holders could buy it. until a return of a divi which as a long term holder dont believe should happen until we see 65+ for 3 consqueutive quarters, 12-20 is to much wishful thinking.

6-9 is more realistic for me.
Another note, its important to look at the overall investing economy of canada, with things like bill 148, carbon tax etc... i really dont see canada as an investable location.

but i definitly hope I'm completely wrong and bte hits 20+!

this is my opionion
GLTA.

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