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 > SPR draw down 3.1m from last week.

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Comment by 1234bmthon May 02, 2022 3:31pm

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Post# 34648659

RE:RE:RE:RE:RE:SPR draw down 3.1m from last week.

BSW, I agree from the point of time you are analyzing BTE has done very will, it went up from $0.30 to let's take today's price of $6.40 almost 22 times, but my perspective is different, BTE should had never gone below 1$ And with a 10 to 12 time upside now it was $10 to $12 like MEG and CVE, but when it did drop to $0.30 the rate of recovery should have been fast enough to reach $10 to $12. All I am saying if MEG is $19 and CVE $24 oil $105 makes no sense that BTE is below $10, I hope it takes its real value before oil drops because it is way undervalued.

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