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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 Maxmoeon Jul 05, 2022 2:28pm
150 Views
Post# 34802714

RE:RE:RE:RE:RE:RE:RE:Share Count for BTE

RE:RE:RE:RE:RE:RE:RE:Share Count for BTEThey bought stock every day since the NCIB started May 9th. EVERY DAY. Who were the guys complaining bte was paying too much? Careful what you wish for. 3 weeks until Q2 results are released along with an update on debt reduction, stock buyback, and Clearwater drilling. It's going to be huge. How many oil companies were stupid enough to listen to whining about hedge books and cut a huge cheque to clear the book? CVE spent $1 billion. Bte wisely let the book just roll off. I bet a few wished they "hedged" when oil was $120 plus.
masfortuna wrote: The max they could buy is 10% annually and this is based on volume as well. So I did 10% for 4 years and got about 365 million o/s.


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