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 > Cardinal Energy 11.2% divvy

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Comment by Greendayon Jun 29, 2023 2:08pm

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Post# 35520900

RE:RE:RE:RE:RE:RE:Cardinal Energy 11.2% divvy

@ jack4567 - CJ is up 1.09% at the moment. However, it's easy to make an argument that CJ would be up 1.09% plus the value of the dividend distribution right now because CJ would still have that cash on its balance sheet. Only an inefficient market will allow arbitrages to occur. it comes down to how a company chooses to allocate its capital and for some investors whether it is more beneficial to pay tax on a dividend or a capital gain.

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