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

Bullboard Posts

Comment by JohnBP1on Dec 23, 2017 11:37am

141 Views

Post# 27221717

RE:Free Cash Flow Positive at WTI > $50 USD

Yes BUT... things to consider: 1. If Trump cancles NAFTA Canada will suffer, the Canadian $ will go back to the 60 - 65 mark. 2. The new US tax changes will impact Canada. Some businesses will consider moving to the US for a better tax advantage. 3. If you dont know, the middle east is on the verge of war between factions. All or even one of these will impact BTE in my opinion. QUESTION: someone posted a "rumer" that BTE is about to enter a hostile take over (??? why would they announce this early). IF this was to happen would the BTE stock go UP or DOWN???

Bullboard Posts

Apolo IV Acquisition and Marviken Ontario sign merger agreement