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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 FreddieSanfordon Mar 04, 2022 6:39pm
253 Views
Post# 34485412

RE:RE:Rethinking my exit review.

RE:RE:Rethinking my exit review.Good question JohnnyDoe although for me ... CAD $12 puts me in a very comfortable early retirement situation as I don't live a high maintenance lifestyle.

I'm not saying I will exit at that price point. I'm just very confident that CAD $12 is definitely do-able this year where prior to the conference call I figured CAD $10 was a reasonable point to take a hard look at my objectives.

Many catalysts to come throughout this year and depending how things set up globally when it comes to the outlook for oil as the year progresses ... such as ... where barrel prices settle in for the longer haul will determine if CAD $12 is enough for me or much more upside on the equity and divvy wise is in the offing and I want me some so will opt to stay the course.

Can't wait for that f'ck'n review ... lol ... going to be fun !!! Decisions ... decisions !!!
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