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 Purveyoron Oct 01, 2018 3:31pm

138 Views

Post# 28723928

RE:RE:RE:who could make an offer for BTE

Why on God'soilly earth would a tax loss even be considered. If oil continues rising this thing will be kicking off so much cash it will be obscene. Management said they make $17M/ year (pre-merger) for each $1 over $55/bbl. At $85/bbl oil this will be clearing $30/bbl x17M = over $500M/year... again pre-merger. Now add in RRX free cash and stand back!

orlandofl wrote:

CashSails wrote: Any idea what the tax loss carry would be for someone buying Baytex? Nuttal on BNN this morning said the carry for MEG would amount to $6 a share for the acquirer. Gotta respect Nuttal for sticking his neck on the line. He’s like a rabid dog now who smells blood. I think we all will gain from his work. I also own MEG and ATH. Looks like better times ahead.

should be in the same ballpark