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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

Comment by 1234bmthon Jun 20, 2023 8:48pm
209 Views
Post# 35506353

RE:wolfbaystreet

RE:wolfbaystreetIf someone talks more logic with some facts and you can't reply logically they are bashars? All I said is fact, BTE had $-2M FCF in Q1 and Q2 WTI is averaging $74 so far, where do they get the cash to buyback 1M shares per day? So do the math yourself if you think I am not right. And for your kind information I am long on BTE since 2016 with average cost of $5.54 ish, but the reality is obvious that BTE has performed very weak compared to its peers. If someone is long doesn't mean that should ignore the fact.
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