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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 smocheron Jul 06, 2022 8:54am
244 Views
Post# 34804473

TMX will help the USA

TMX will help the USATrudeau was told by the US to build TMX or you'll suffer some trade tariffs which will cost you a lot more. Listening to politicians insisting oil companies up production when there's no capacity to move it is laughable. Take the carbon tax revenue and build a pipeline. Ollenberger at BMO says on 40% of FCF is going back into production and decline replacement. No use producing if you cant ship. He sees $130 later this year.
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