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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

Comment by Lina_Casaon Feb 08, 2021 3:54pm
151 Views
Post# 32504045

RE:RE:RE:Market Cap To Shares Outstanding Comparison

RE:RE:RE:Market Cap To Shares Outstanding Comparison It's nice when anyone talks about a stock they own like Baytex, however Eric Nuttall has owned this stock (many times) and others throughout the years.  Kind of irrelavent what he has if the market does not favour oil.  As a long time investor in oil, the last 6-7 years have been brutal for all of us and this was even before the pandemic.  Eric owning any of these stocks has not helped at all.  So if he talks about a company, like Baytex........great.  But it shouldn't be the reason why you think oil or this company is going up.  I used to give so much more attention to what certain people said on T.V, but most of the time their calls did not come true.  I think in energy, market cycles are everything.  I'm hoping we are starting one now and I hope it lasts many many years.  There have been so many head fakes during this road.  I want to be excited, but I don't want to be dissappointed again.  
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