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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

Post by Traderx11on Mar 24, 2021 11:12pm
411 Views
Post# 32873038

Baytex

Baytex

Baytex making $250 million Free Cash Flow at $55 a barrel  

Debt fully paid off by 2024, as that is when the first payment is due, no annual reviews required.  Look at share price in the past when debt was lower. Much higher 

Current book value $5.13  

I am not worried, hold and you won't regret  if they said invest here March 2020, would you of? No, but if you did 400% gain  

$5 by end of Summer, with or without you  Be on the right side  

Once 1st quarter financials are out, can't dispute the strength and money making capabilities  


 

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