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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 Maxmoeon Sep 15, 2021 9:25pm
363 Views
Post# 33866781

RE:RE:RE:Eric is a realistic guy

RE:RE:RE:Eric is a realistic guyTo be clear, my friendly Manitoba guy, I meant it's ALREADY been an almost 10 bagger for me since I bought at 29. I'm not sure how many bags are left to go but hopefully a few more. Enjoy the end of skeeter season, first frost will be soon enough.  
ManitobaCanuck wrote: Grumpy Max buddy , love your posts dont I . If its  10 bagger , I am in for 5million on this. Holy Cow !!! . Once these producers the the banks /Eco crowd/ESG to GFY then the banks will comeback with cheaper loan offers . The financial guys chase growth and when its possible with Oil ,they will pump it to a 10bagger.
when are ya coming to Winterpeg and Manisowba .
You have a week of steak dinners lined up and chauferred around .



Maxmoe wrote: Almost a 10 bagger for me now and I'm staying long. This board is so polluted by BS woof I barely bother reading or posting even with him and the crayon clown and the LoserKing on ignore it's not worth it. Eric's model for cash flow and debt is very dependent on wti, so it's a fair representation of the state of the company. With the one year strip at/over $65 bte has several very positive options to benefit shareholders. The current consensus at the petroleum club is pay down debt, buy back stock, increase dividends, maintain production. In that order. There are about 100 producers gleefully waiting their turn to tell a half dozen banks to GFY. 




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