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.

TSX:BTE - Post by User

Baytex Energy Corp > $89 oil is a sweet spot

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Comment by scienceguy36on Oct 11, 2022 2:02pm

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Post# 35017693

RE:RE:RE:RE:$89 oil is a sweet spot

I have read BTE financial statements in great detail.and in spite of what has been said on here to the contrary. BTE is getting $67.71 per boe on 40% of its crude production for the remainder of 2022 (if oil stays above that amount). So, the higher the price of oil the more they will make on the the unhedged barrels. Lets keep it real!
That being said, this is probably a good time to buy BTE is you plan on holding it for at least a year.

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