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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 Nov 05, 2021 7:54am
164 Views
Post# 34090777

RE:RE:RE:RE:RE:Earnings

RE:RE:RE:RE:RE:Earnings
Some will think a dividend is better but consider this.
 
Would you want a $0.20/year dividend on 566million shares $113m for 2022 for shareholders 
 
OR

Share price appreciation up $0.20 from where we are today a $113m share appreciation for holders

To be honest I have said for a while the dividend is last on my list

Sometimes gains are far more valuable than dividends



OnionKing wrote: Clesrwater Capex I'd imagine is relatively cheap, I could be wrong. Clearwater is definitely a important part of the future.

Bay, of all people on this board I'm surprised you don't share the same sentiment.  No surprises and everything your posting about "staying the course" we could of said yesterday or the day before.
What I mean is, we knew no divvy or buyback but was hoping for a blowout quarter, fcf etc.  Didn't happen and investors will move their money to the many companies more fIrm on dividends and buybacks 

im bullish but always important to not get stuck in perma bull




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