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 > Sorry, metrics have changed

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Comment by Snowballeron Feb 15, 2021 4:34pm

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Post# 32569459

RE:RE:RE:Sorry, metrics have changed

If oil is at $90 BTE is easily a $10+ stock at higher end of production capacity. If Oil remains between $60 and $125 for the next 4 to 5 years I see BTE hitting $15 to $25

You can thank Joe Biden and Climate Alarmism for higher oil prices for the duration of their administration.

Unlucky13 wrote: The bought Aurora and that increased asset base before said dilution and the market punished them. I said upside is about $2 at $60 oil if oil actually stays there, to get back to $5 a share we need more like $90 oil. Long term shareholders got screw ed over in the dilution deal.

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