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 > Nice long weekend coming turkey dinner and WTI near $80

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Comment by forecast123on Oct 08, 2021 4:55pm

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Post# 33990560

RE:RE:RE:Nice long weekend coming turkey dinner and WTI near $80

I need some advice on how your folks usually handle the taxable capital gain when SPs rise significantly in multibagger over several years ...Note that my BTE is in a trading account (ie not RRSP nor TFSA) ...Say using Wolf's target of 15$ for Q4 2023 (cf today closing at 3.76$), there will be a huge capital gain for the sale in 2023... So is it you folks spread your capital gain over the years by doing a sell followed by a buyback in 2021, another sell followed by a buyback in 2022 and another sell followed by a buyback in 2023 so that the huge capital gains are spread over 2021, 2022 and 2023 .... Oops !!! How can you be sure your buyback after the sale will be in similar price range ?????

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