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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 buylowon Feb 25, 2022 11:00pm
544 Views
Post# 34463859

Love it!!!!!!!!!!!!!!!

Love it!!!!!!!!!!!!!!!Sure makes my WCP look like dead money.  I mean paying down debt, buying shares works for capital gains.  Sadly WCP, doing deals issuing stock doing a divi, huge float doesn't cut it.  This is a story of doing the right things at the right time.  WCP did buy shares last year but also issued shares.  The float is 600 million plus, 130 K production but again increased the divi.  All sounds good but the market wants debt gone, and shares purchased since they are valued so low as compared to years gone by.  Today BTE reaffirmed their focus and the focus is us the shareholders.  Kudos to Management and people like wolf that stay the course, stay focused and positive posts, thank you.  WCP copould learn a few lessons from BTE if they really cared for their shareholders.
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