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 SlickRick40on Dec 16, 2019 12:43pm

279 Views

Post# 30459759

RE:What would BTE be worth in a buyout per share?

Right now, anyone offering a premium of 50% to trailing 3mo avg price will push the deal through. Value here is long-term, not what it's worth in a takeover.

$70wti would do wonders for debt reduction, and deleveraging would change risk profile allowing for higher EV/EBITDA multiple.

Sitting on these shares could grow you a 3x or 4x your money from today's prices.

Bullboard Posts

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