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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 Jul 06, 2021 9:10pm
97 Views
Post# 33503599

RE:RE:RE:BTE SP at end of 2021 ?

RE:RE:RE:BTE SP at end of 2021 ?Hi JD, I did listen. Agree we are above now much like the company I like to be conservative. If you read my comments I said I would like to see debt at $1.5 and would be very happy as a long term holder. Factoring in 100+m plus for contingency. As I have said repeatedly under promise over deliver that is what I like you may be more aggressive but that's OK.

Again on dividends/buybacks I am being more conservative Q3/Q4 next year if accelerated great! Again I like to under promise over deliver.

Don't forget we DO want some money flowing to Clearwater to get to the 5-year target 80-85k bpd..if you noted that in the call. So I have contingency numbers. I agree upside could be greater but as a long-term holder I would be very happy with this progress.

Nobody said anything about institutions ignoring pretty sure I have been clear on that also. I'm pretty sure I have been consistent at this level BTE is grossly undervalued...however maybe that has been lost in translation?

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