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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
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Post by TheWokeLemmingon Feb 28, 2023 9:18am
336 Views
Post# 35309232

Interest rates will suck on this deal

Interest rates will suck on this dealIt'll take some time for this to play out but it seems to me the risks for Baytex if oil collapses might be substantial.  Is a dividend really a good path or is it an attempt to make this takeover more palatable to existing shareholders?  And why aren't they informing what the divvy will be?  Sorry to all longs but this one stinks the more I contemplate it.  
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