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 > Analyst Comment

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Post by retiredcfon Jul 19, 2023 6:47am

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Post# 35547387

Analyst Comment

As indicated, he prefers NG (ARX/TOU) and certain big oil companies (doesn't like SU either, prefers CNQ). GLTA

DON'T BUY

Baytex Energy Corp(BTE-T)

18/07/2023

Are very levered to oil prices, so if those prices rise, BTE will move up. But if oil falls, so will BTE. He prefers natural gas, because it can sustain itself through different economic environments. Among oil, he prefers names bigger than BTE.

Oil / Gas

Ryan Bushell

$4.690

No

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