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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

Post by Wildfuryon Dec 19, 2022 4:54pm
215 Views
Post# 35180761

Time to delist?

Time to delist?The world is in an energy crisis ?                          The SPR has to be refilled ?                                    Russian oil is boycotted ?                                        Buybacks of outstanding shares ?                  Tax loss selling ?                                                        WTI prices up , oil stocks down ?                          Governments to impose windfall tax when shareholders being screwed ?                              The price of cheap energy is over ?                     It's time for Baytex & many other Canadian oil and gas companies to delist and go private , the stock market only promotes companies that have no earnings , they promote short selling instead of companies that are improving their debt loads.Biden was dumping oil at $100 plus down to the $70 range , now he wants to re purchase at $70 or less ,genius . It's also time for OPEC to cut production 5 Million barrels , enough is enough . Have food prices come down? Food companies reported 30% in profits ? No windfall tax for them .The big banks reported record profits ,in the Billions every quarter so let's raise rates again . This is war on because we allow it to be . Message to Mr. Greager , delist it, sell it, protect the shareholders , do something .
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