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.

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Baytex Energy Corp > Are we still pretending everything is awesome?

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Comment by BayStreetWolfTOon Jul 14, 2022 10:02am

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RE:Are we still pretending everything is awesome?

It is still more expensive for me to average up today versus a year ago. Don't forget some of us still have cash and a inflow stream to spend.

I prefer the discount thanks but that's just me. I can see how watching it day to day might be stressful for some. Hopefully no one here is on margin or borrowing money.

For me a few weeks of markets moving doesn't undo the years of capex decline. In order for the economy to move forward eventually you need energy.