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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 > Pay debt or drill
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Comment by dllscwbysfnon May 06, 2022 2:15pm
187 Views
Post# 34662930

RE:RE:Pay debt or drill

RE:RE:Pay debt or drillBTE s plan is clearly to spend more on cap-ex. You say that you expect prices to stay high and yet you would pay debt off first which is laughable. One year you have the same debt. I am very happy to see that BTE is using goog logic and simple math to get way better long term results
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