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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 Moremoney4uon Jan 23, 2022 12:28pm
195 Views
Post# 34349944

RE:RE:RE:RE:RE:debt reduction... then $$$$$$

RE:RE:RE:RE:RE:debt reduction... then $$$$$$Ok, debt coming down, maybe a Divy coming, 5% would be nice, buy backs, blah, blah blah. The fact is they are doing ALL the right things. Volume on ALL Oil companies is up HUGE, the stock prices dropped BIG buying occurring, conflicts, War ???
will add to Oil at 85.00 ++++ . Big traders such as VITOL , JP Morgan, Goldman, Eric Nuttal (holds a Ton of stock)  all are very positive on oil. Target is 7.50. This is WAY to low, 12.00$$$$++++. 
With BTE reducing their debt , allows them to continue to adding to the Clearwater land position, very lucrative, my feelings, if we get just one company making a takeover attempt, on any oil Co. this will start the stampede, BTE in great position. This earnings report is going to be HUGE 
load up the truck. Happy Capitalism. 
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