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 > Bought the dip at 3.6 , 3.9 and 4.35$

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Comment by Maxmoeon Jan 17, 2022 8:59pm

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Post# 34326754

RE:RE:RE:RE:Bought the dip at 3.6 , 3.9 and 4.35$

You need an accountant. There is no depreciation if you lease. You may be able to write off a portion of the lease and operating costs however.

ManitobaCanuck wrote:

Beakr123 wrote: What kind of Yacht will you buy? Congrats.

Never buy depreciable assets ;) .
Thinking if it might be better to lease it through my corp and use the depreciation as a valid business expense . It is for business dinners right ;) and crusies for business clients.

Lol