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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Comment by gmf1001on May 06, 2022 7:59pm
215 Views
Post# 34663853

RE:RE:BSW Clearly you're diversified w/ divi's

RE:RE:BSW Clearly you're diversified w/ divi'ssounds a lot like my portfolio, other than I was a little later to the energy party so my gains aren't quite as dramatic - but like you I've got lots of boring dividend producing equities - CM, RY, ENB, EMA, PPL, BCE, T (Canadian- not the AT&T us dog) FTS, TD, ABBV, NTR (a little more exciting with 3x growth in the last year!).  Energy has kept my overall portfolio growing this year despite the 5-10% losses you mention on the boring stuff.  And I don't care about SP on the boring stocks - it will drive my retirement income starting next year so the drops right now just mean I can DRIP more shares in the meantime.  I'm all for a 12 month market correction to help boost the income.  We'll bask in the profits and soon to be growing dividends from the energy stocks.  Just gravy at this point.
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