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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 Wildfuryon Jan 21, 2023 3:41pm
288 Views
Post# 35237636

RE:RE:Eric Greager - just a name with no face

RE:RE:Eric Greager - just a name with no faceWhat makes you think Baytex is actively buy back shares? Last quarter they had the same debt , didn't decrease at all ,so much for buy back shares ,its not showing in the SP . Get rid of the debt and start paying dividends , that's what will move the price . Yes the lower the price is better for buy backs so why don't they just let it drop to $3-4 dollars , would this make you happy? I've been it this since 2020 ,I've waited long enough and I feel at minimum it should be around $7.50 & not touching the mid $5 range over and over . As for the CEO , he should be beating the drum , make some noise , turn some heads , maybe do some heavy insiders buying like WCP , CJ ,TOU management does . There is practically no insiders buying Baytex stock , why?
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