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 Nextlegupon Jun 28, 2023 9:58am

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Post# 35518275

Should see some decent support coming in soon for Baytex

Some of the selling should have subsided in the next few days as part of the overhang...and...the Normal Course Issuer bid is about to commence...June 29th...If I recall.

Ask yourself...With the CEO and insiders buying healthy positions in the open market a short time ago, a good 75 cents higher...don't you think they'll have a motivation to support the share price ? There are a lot of moving parts and the NCIB should do wonders to support investor confidence.

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