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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 > Long term focus....
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Comment by topdown99on Jul 08, 2021 5:17pm
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Post# 33518851

RE:RE:RE:RE:RE:RE:Long term focus....

RE:RE:RE:RE:RE:RE:Long term focus....In Canadian banks , a stock must be $3 or higher to use as margin collateral and most funds have guidelines they must follow regarding what they can buy .

While small cap funds can buy penny stocks many larger funds have either a $3 or $5 minimum share price before the fund can take a position . And as far as those dollar values go , there may even be a caviot requiring the price hold for 30 days before being elllgible for the fund to buy .
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