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 > Serious question

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Comment by Maxmoeon Jul 19, 2022 2:54pm

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Post# 34835194

RE:RE:RE:RE:RE:RE:RE:RE:Serious question

Now back to the cabin. How much wood , could a fat old guy cut, if a fat old guy, could cut, wood.

Maxmoe wrote: If you MUST get paid, buy BMO stock. Or a GIC.

Maxmoe wrote: I could care less. Use the cash to buy back more stock because Im too stupid and impetuous to take the dividend and buy more stock myself. Plus I HATE paying tax. I even hate taxes on dividends. Or especially so, because dividends are paid out of after tax income from the corp. so its double tax. Double hate it. Pay down debt should still be #1. Its earnings accretive, its accretive to shareholders, and Id like a live video feed from the boardroom when the ceo and cfo tell the bankers GFY, we dont need to pay you big fat fees any more.

dllscwbysfn wrote: Max, I 100% agree with all of that assuming that the SP goes to a fair valuation. If it does not go up in tandem with all of those great things give me a big divy because somewhere along the line we all need to be paid!