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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 Relaxrelaxon Oct 08, 2021 4:42pm
223 Views
Post# 33990513

RE:the bull market of energy sector

RE:the bull market of energy sectorCouldn't agree more.  I think this will be one of the catalyst to have our Canadian oil stocks re-rated much higher.  A huge re-rating is coming to all quality oil and gas stocks.  I predict when US and Canadian funds start increasing their positions/exposure to oil, they see the exceptional profits, low PE , buybacks and dividends wil be the reasons for huge up days coming.  Better get on-board before you miss this amazing opportunity.
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