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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 Easterbunny2on Oct 27, 2022 10:14pm
215 Views
Post# 35054959

RE:RE:RE:RE:Forecast 2023

RE:RE:RE:RE:Forecast 2023

Thanks Max, that's helpful. I get that variables are....well variable, maybe I'm thinking about this wrong.  If you double share count the value at that point in time drops by half, all other factors constant.     So maybe I should just be looking for a baseline share count reduction as the inverse and scenario from there.  (And don't cr-p on me for using scenario as a verb).  I guess at the end of the day, where is the point where reducing gshare count vs issuing dividend occurs.  There needs to be a marginal threshold. 


 

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