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 > Actual value is same as vet but trading at 1/4 the price

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Post by Kvman44on Mar 24, 2022 1:54pm

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Post# 34542309

Actual value is same as vet but trading at 1/4 the price

The main fear with bte is that the oil price recedes before they get their debt down.If oil stays above 80 a barrel which it should unless a recession kicks in bte will be at 14 after 2 more quarters.Profit takers aka short term speculators dont care that summer coming that oil demand will surge oil to new highs but I do.Buy now before it runs like it should have already

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