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 > Birchcliff vs Baytex

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Post by Wildfuryon Jan 15, 2022 11:55am

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Post# 34320250

Birchcliff vs Baytex

I was comparing BIR VS BTE daily production numbers and they are basically the same, 79,000 - 81,000 bpd. Birchcliff is trading at $6.87 vs $4.52. Birchcliff has no hedging on its production compared to BTE 40%, with less than 300 million outstanding shares with less than $700 in debt. Once Baytex gets their debt down to these levels as Birchcliff and buy back their shares, the stock should be trading in the $7-$$9 range IMOP, any thoughts on this comparison?

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