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 > Buybacks

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Comment by Wildfuryon Mar 23, 2022 3:26pm

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Post# 34538883

RE:RE:Buybacks

I agree danu, BTE should start the buy backs now but they won't, the reason is that they don't want to drive up the price of the stock, they want a lower buy back price. There are other factors but the end result will be huge, especially for the longs. BTE management has a Clearview of what's to come, it's patience for now since WTI is trading at $50.00 above their 5 year plan of $65.00- $75.00 estimates. The longer the stock trades at these undervalued prices the more it will climb and cause a huge short covering. The days that this stock jumps 50 cents plus in one trading day is coming and we will never look back right BSW?

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