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 > Warren Buffett: Diversification Is For Idiots

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Comment by Drifter133on Mar 27, 2022 3:10pm

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Post# 34550078

RE:RE:RE:RE:RE:RE:Warren Buffett: Diversification Is For Idiots

Pretty much all I'm concerned about is supply and demand. Just so long as demand is above supply then I'm comfortable with WTI maintaining a decent price to benefit Baytex's shareholder returns. At this point energy is way out in front of rest of market and I can't see that changing. Baytex's 1st Quarter along with annoucing buybacks will be good no doubts about it but I'm looking forward to 2nd Quarter results (will be much better than 1st) to really make the big change in sentiment for the better and increasing the stock price to where it deserves to be

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