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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 BayStreetWolfTOon Aug 03, 2022 1:47pm
143 Views
Post# 34868737

RE:RE:CT, what most BTE holders may not be aware of

RE:RE:CT, what most BTE holders may not be aware ofI know people don't look at buybacks the same...but I feel here I am getting paid to hold. While sure I continue to buy with diviend money as it comes up...with the company buying back shares I am getting an equity increase holding (no different than a dividend really. I wouldn't need the cash anyhow)

The last 3 months buybacks annualized is a 10.8% return. I am very happy with that.

RBC some good buying again on the dip today.



CalgaryTowers wrote: Absolutely, and thank you for that, can never seem to hear those wonderful words enough.

I’m hanging in, even if WTI pulls back to 60, because these companies are still very profitable at that range. Sure may take a little longer to hit goals, but they still will be reached at that level. And once they are, hang on tight and enjoy the ride… It could be a lifetime holder



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