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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 BayStreetWolfTOon Jun 27, 2021 11:53pm
160 Views
Post# 33458438

RE:Keep it going Wolf!

RE:Keep it going Wolf!Thanks relax. Yes I enjoy and it keeps me busy. I feel new participants should see relevant information not bickering or people making it about what they have gained or lost.

As I mentioned I plan on seeing how the management team executes the plan through June 2023. Everything currently indicates they are ahead of the plan.

I will continue to follow the data. I'm not worried with the daily fluctuations. To be honest the higher the price the more expensive any share buyback becomes so there is no downside either way. If the price stays low management buyback more shares. If it rises with each Quarterly result to a higher level maybe the focus switches to a conservative dividend versus buyback. Either way there is absolutely no downside. Once the debt is contained they have options. The day to day is noise.
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