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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 dllscwbysfnon Jul 11, 2022 6:53pm
290 Views
Post# 34816562

Patience is a virtue

Patience is a virtue Management is doing all of the right things and yet this stock along with many other oil stocks continues to suffer. WTI has averaged100 this year, buying back shares, paying off debt and what did we gain over the last 3 months, nothing. I am starting to believe in what Nuttal says that 75% of FCF should go back to investors. If the sp cannot be rewarded a whole lot closer to fair market value then you may as well pay me a dividend! I always kind of find it funny that you guys are long but are happy the price is low so that they can buy back more shares which I understand but for me I wish we were buying back shares at 9.00 or way more. Patience, man, patience.
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