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 > Good time for update on Clearwater, FCF, and stock buyback

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Comment by Volkommon Jun 01, 2022 2:26pm

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Post# 34724099

RE:RE:RE:Good time for update on Clearwater, FCF, and stock buyback

Share price is a component. One of many.

That being said BTE is +77% YTD and +227% 1YR. I bet any fund manager that got caught in the evisceration of the tech/growth stocks would give his first born for those numbers because those guys are actually about to lose their jobs.

Can you fault a management team for the stock price being dragged down in early May? The broader market was down significantly.

What is more important is what management is doing.

Are they giving clear plans, and delivering on them? Are they meeting their KPI's? Is OPEX in control? Are netbacks increasing?

Those are the things that matter.

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