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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

Post by Wildfuryon Feb 27, 2023 9:58pm
581 Views
Post# 35308616

Baytex takeover

Baytex takeover I made statements about Baytex last week and was called many things , shorter , pumper , clown , ect ,ect . I said that something just doesn't add up . Seems to me that others knew about the deal coming and they bailed . Baytex debt will be almost 3.5 BILLION , how's that for enhancing shareholders value and returns. If this stock tanks tomorrow then the streets answer is obviously negative . Let's see if the US markets will be calling the shots or the weak knees of the TSX.
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