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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 JohnnyDoeon May 08, 2022 2:09pm
257 Views
Post# 34665492

RE:RE:RE:RE:RE:100% to debt with no buy backs

RE:RE:RE:RE:RE:100% to debt with no buy backs
Wildfury wrote:
Yes JD, this is what I was referring to, you like some others know everything, are never wrong, love to critique and correct others comments. I really don't care what you or anyone else thinks, you're irrelevant to this stocks performance and value. Tell me something, you like to be in a group, a fan boy who feels protected because you agree, praise whatever your superiors say so that you have street creds. Buddy this is a chat board about stocks, posts by anonymous people, fictious names that have no credibility other than their own fanfare. By you telling me I'm wrong or me telling you the same means nothing, understand. So get off your high horse, stop hiding behind others because one on one you're a mouse.


The plan they've posted is quite clear. 25% of fcf in 2022. Pay debt to 800. Then consider approaches to additional shareholder returns. I have my own thoughts on this plan and I'm happy to debate how the company should move forward once they hit the 800 target. But you said they plan to buy back 56m shares in 2022 and didnt think they could achieve that. The company hasn't claimed that they are trying to achieve that. Your assertion is completely false.
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