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 > Buy Backs

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Comment by Drifter133on Dec 20, 2022 9:35am

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Post# 35181804

RE:RE:RE:RE:Buy Backs

I totally agree with the company's plan given their debt load! Over anything else, the debt needs to get within reasonable limits!

Currently most FCF going to debt and the remainder to buybacks until dept limits met, so great plan!!

I don't want a dividend right now but if there were one than it'd have to be very very meaningful Div. and not some .01,.005 etc... per share cra!

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