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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

Post by 1234bmthon Jan 28, 2022 11:29pm
449 Views
Post# 34373905

BTE & SU the most undervalued oil stocks

BTE & SU the most undervalued oil stocks

In 2016 I bought BTE & Meg in the same period for few cents difference and SU & CNQ for may be a $4 difference. WTI was around $48 to $50 now WTI is $86 + and BTE is not even 1/3 of MEG and SU is almost 1/2 of CNQ. Taking in to account WTI today's price BTE should be traded at least 2/3 of MEG ($9.50 to$10 and SU should be traded close to CNQ around $55, therefore SU and BTe are most likely to be the most unbeesv err re vnement et su su su su en

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