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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 08, 2022 5:02pm
176 Views
Post# 34879973

RE:RE:RE:Down but not out !

RE:RE:RE:Down but not out !DL, I just think at $120 you get all the political garbage that attracts problems such as windfall taxes among many other issues we saw. Now if you could hold the 321 crack to $20 than I would say ok $110 but we have a refinery issue.

Did you know our 12 months rolling average is $90.46?

Baytex has done very well over the past 12 months. At $90 they have a strong yield in 2023 and going forward.

Note I'm trying not to be greedy here. At $90 if we could get 75% of FCF we could help a lot of people.






dllscwbysfn wrote: lol, "At this point I don't want $125 for 2023" . Wow, I would take 125 all day long. Imagine all of 2023 at 125. Every issue would be gone, the following year the hedges would be great.I really do not want to wait 5 years to make a sh!! load, I would prefer to make it now or even next year at 125. You prefer 90 now that is funny. 


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