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 > Booom !! Awesome report!!

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Comment by riskion Feb 23, 2023 11:49pm

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Post# 35302577

RE:RE:Booom !! Awesome report!!

Price action is hard to predict these days, so I won't hazard a guess, but I do agree that the earnings were in line with expectations. No surprises in either direction.

That is not to diminish the excellent work being done by management in sticking to the plan to deleverage this growing company.

GambinoB wrote: Its simple

If oil is green tomorrow BTE will be green. If oil is red tomorrow BTE will be red.

I doubt the report was a surprise to anyone unless your a dummy