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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 Antonyiuson May 31, 2021 10:39pm
267 Views
Post# 33301184

RE:RE:RE:RE:RE:Meanwhile, back on the farm

RE:RE:RE:RE:RE:Meanwhile, back on the farm
max I think you got some good points but out of the lot of the analysts Eric's nine point is probably rated as being higher risk higher reward than most funds. Baytex is a value play that most of us retail guys recognize hence why we have it, and at current oil prices it stands to generate a considerable amount of returns. Those big institutional guys want to see sustainable long term free cash flow that's not susceptible to fluctuating oil prices. So I own it for the same reasons you and Eric mentioned but those conservative big boys won't like a dividend at this time.
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