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 > Manitoba canauk!!

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Comment by ManitobaCanuckon Apr 23, 2023 4:32pm

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Post# 35409549

RE:RE:RE:Manitoba canauk!!

Absolutely my friend.
I have seen my fair share of doubters .
Bought Cenovus after it crashed with Husky merger in 2020 for $5 and sold out last yr at 26$.
Analysts questioned same shitty stuff . Debt ,overpaid ,dilution etc etc . Cenovus was 4.35$ at that time and went to 26$ after they repaid debt and bought back a ton of shares. See link below. If thesis plays out they expect a double for Baytex atleast .

https://ca.finance.yahoo.com/news/is-cenovus-overpaying-for-husky-analyst-questions-excessive-premium-142349937.html

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