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 > Year end Results

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Comment by topdown99on Feb 24, 2021 5:34pm

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Post# 32653521

RE:Year end Results

I've been saying that for weeks now , looking back means very little but looking forward , 50 cents/share FCF is impressive . Even with today's bump in SP , BTE is still only trading at 2.5 times cash flow and that is way too cheap .

The reserved tone is great for the market as well , hold production and pay down debt . As Hendrick said , that strategy is good for oil prices too .

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