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.

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Baytex Energy Corp > Thoughts about BTEGF from IV board

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Comment by topdown99on Jul 04, 2021 11:13am

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Post# 33490636

RE:RE:RE:Thoughts about BTEGF from IV board

I agree with your assessment Antonyius , BTE was forced to put those hedges on by the bank and keep in mind , they run out in 6 months . Also the hedges ceiling is $55US on average , not $45 .

As for the CEO Lefehr , last year he bought 358,000 shares in the public market . Say what you want but if the CEO is buying his own shares , I take that as a very positve sign . The Q2 results are due in a few more weeks when the shorts will be seriously on the run .

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