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 > Canada's Baytex Energy nears $2.5 bln deal for U.S. peer Ran

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Comment by forecast123on Feb 27, 2023 7:50pm

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Post# 35308450

RE:Canada's Baytex Energy nears $2.5 bln deal for U.S. peer Ran

Aren't BTE Management has promised shareholders BTE's focus is on paying down BTE's debt to certain level, then focus on shareholder return by share buyback or dividends ? How come now is spending money for acquisition and even picking up the debt pile ???

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