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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Bullboard Posts
Post by bellerophonon Jun 20, 2019 7:28am
417 Views
Post# 29843142

RBC Capital Markets reports on BTE

RBC Capital Markets reports on BTE
RBC Capital Markets says:

 
"June 20, 2019
Baytex Energy Corp.
A Track Record of Quarterly Consistency
Our view: In response to a recent question we received with respect to
Baytex Energy’s quarterly delivery, our analysis points towards a producer
that consistently meets or exceeds street consensus estimates on a
quarterly basis. Although Baytex’s average daily trading volume (as a
percentage of its float) ranks highly amongst select Canadian producers
(Exhibit 2), the company has largely flown under the radar from an
institutional investor perspective.
Price Target: $3.50"


 
Bullboard Posts