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.

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Baytex Energy Corp > Bank Of Nova Scotia Pays a 6.2% Divi

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Comment by Snowballeron Jan 06, 2023 3:17pm

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Post# 35207678

RE:RE:RE:RE:Bank Of Nova Scotia Pays a 6.2% Divi

That's a good thought. What do you think about CJ's divi getting cut if oil remains in bear market and lives in $60 range for a bit? Likely or not likely on divi cut? I'd like to add CJ if we head back into $6's or $5's

TheWokeLemming wrote:

Snowballer wrote: Which is what will make their price look so attractive I think. FEAR. There is a nice trendline for every big market crash. I think this is a good time to start adding. I see $50's for BNS as the downside and $85 as the upside. That is a nice yield to start the buying I think.

TheWokeLemming wrote:

Snowballer wrote: Also going after the banks here in 2023... thoughts?

Foreclosures increase with higher monetary policy. I'm avoiding the banks.

Each to their own. I prefer my 10.2% yield in Cardinal Energy and the possibility of oil being near a bottom. The soft landing looks a lot more plausible and that should raise gas demand prior to the bottom of the housing market IMHO.