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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 trendytraderon Mar 03, 2021 10:43pm
133 Views
Post# 32712201

RE:RE:Unlucky13

RE:RE:Unlucky13You are the one that is clueless the note due in 2024 is $400 million and not $500 million, as long as they bring down what is owed to their credit line then they will have no problem getting the $400 million to repay the note. They should bring in $200 million or more per year over the next 3 years to easily borrow to cover the note.
It's not in their lenders best interest to allow them to go under as they would lose a lot of money.
You picked the wrong stock to be so negative as they are undervalued by about 62% so they should be at $2+ based on the current price of crude.
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