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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 bobus99on Oct 27, 2019 10:06pm
135 Views
Post# 30275069

Q3 and Q4 will be good

Q3 and Q4 will be goodQ3 and Q4 will be good the issue is mostly for future they currently have good hedge keeping those same hedge for next year would make this stock worth way more even with 50$ oil but the current stock price reflect this already... there is no doubt that baytex will have positive earning in Q3 and Q4 unless WCS differential dip below -15$ and WTI goes under 50$ what investor right now fear is that oil goes lower and they cant pay back interest or can't extend or renew loans on a fair terms.
Bullboard Posts