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 > Thoughts about BTEGF from IV board

<< Previous

Bullboard Posts

Next >>

Comment by Antonyiuson Jul 04, 2021 8:37am

240 Views

Post# 33490496

RE:RE:Thoughts about BTEGF from IV board

because of baytex's debt levels, sometimes hedges are requested as part of financing from the banks the hedges suck, but baytex really can't risk a crash in oil again, when they bought aurora no one expected oil to come down like that Remember hindsight is 20-20 but baytex isn't really in a position to be risky

<< Previous

Bullboard Posts

Next >>

How to decrease sector risk by owning hundreds of mineral assets