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 > BEST YEAR EVER FOR BAYTEX !!!

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Comment by dllscwbysfnon Feb 16, 2023 5:36pm

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Post# 35290915

RE:BEST YEAR EVER FOR BAYTEX !!!

Reasonable chance that 2023 crushes 2022. No more hedges. Share buybacks. I think the 87,000 boe is the average for the Q and I am hoping they exit closer to 89,000. Less debt equals less interest.
As long as WTI stays where it is at or higher it is only a matter of time before this thing takes off. Might be a year or 2 though.

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