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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

Post by Mostawesomeston Jun 07, 2022 2:27pm
395 Views
Post# 34737803

Hmmm

HmmmSpidey senses are tingling...I know BTE was overdue for a good run and is still a bargain even at current levels but my gut tells me there's still games afoot. I expect shorters have been covering but have also reduced IOT allow the SP to run. Higher SP while BTE does buybacks results in potentially less than the planned 10% buyback. Instead we'll only buyback 8-9% and the usual bunch will rant and rave about what a "miss" that was by management...speaking of which have all the bashies left the chat or do I just have the right ones on ignore? Either way, games or no,I'm digging the run, lets see where this goes :-)
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