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.

TSX:BTE - Post by User

Baytex Energy Corp > Can't see the forest for the tree's

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Comment by red2000on Jan 05, 2022 7:36pm

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Post# 34287445

RE:Can't see the forest for the tree's

Topdown99 your last paragraph says it all : Nice explanation !

The point is , the world will need more O&G very soon but that drilling is not being done . BTE is in the enviable position of being able to develope Clearwater production without affecting debt repayment . FCF will keep increasing with increased unhedged production and reduced debt servicing costs . My gut feeling is this stock is ready to break out.

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