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 marvelmakeron May 01, 2020 7:41pm

256 Views

Post# 30978337

RE:RE:RE:Back to sub .40

I believe this will trade with the price of oil for the most part, today was exceptional with the dow down 600 points. Expect this to be green and higher, as oil balances. Many want to see oil back to $60 US/barrel and higher, sooner rather than later. Not shorting this, I am buying and hold on the NYSE side. No reverse split necessary, summer should be a good time to put the virus behind us and move forward. I believe they have until September to be compliant, they also have hedged some of their production against higher prices. Anything is possible, best wishes

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