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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Post by Caerus88on Jan 05, 2018 4:02pm

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Post# 27293389

Eric Nuttall on BNN

Eric Nuttall gave his opinion on Baytex on Market Call. No surprise he says he wouldn’t buy it right now. However, something he said caught my attention. He said he had talked to management in December and they are looking at “monetizing” some assets. This could mean selling a portion or selling all. If a complete sale I would expect a premium. My experience when companies sell a portion of assets it often means a drop in their share price. Anyone have any thoughts on this?
GLTA

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