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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 65F09Aon Feb 28, 2023 9:03am
304 Views
Post# 35309173

Ranger earnings and net income been in decline for years

Ranger earnings and net income been in decline for yearsIt is not hard to figure out why Baytex got this 'cheap' and why the institutions that own Ranger are happy to have an exit.  At first glance it looks like lipstick on a pig to me.  The FNG Greager has nothing to lose and making a 3.4 million dollar bet with other people's money!
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