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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 topdown99on Dec 08, 2021 4:35pm
215 Views
Post# 34212114

RE:RE:RE:RE:RE:RE:RE:RE:Baytex Energy

RE:RE:RE:RE:RE:RE:RE:RE:Baytex EnergyGood comparison red2000 , that puts things in perspective . This entire sector is severely undervalued , I patiently wait for the market to wake up and fairly price these stocks .

Having said that , this is one stock I have no intention of selling , the next 2 years will see this company totally transformed . No debt , shares bought back and a dividend , with BTE being included in the index those milestones will be rewarded . There is still a lot of money to be made here once society accepts this "transittion" will take decades , not months .

As for S/P predictions , I'll leave that to better chart interpreters than me . I will say what I still own will be held at least until I see a double digit S/P , $20 would definitely pry them out of my hands , lol .
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