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 > Q2 numbers look very good

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Comment by JohnnyDoeon Jul 28, 2023 6:47am

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Post# 35561050

RE:Q2 numbers look very good

CPG and WCP both have market caps in the mid 6B range. BTE's market cap is low 4B. The Q2 earnings per share reflects the 860 M share float but only reflects 10 days of Ranger revenue so at least for this quarter, it's not really a fair comparison. Let's see how Q3 goes. Our share price will need to rise to near 8 to have similar market caps to those 2 companies

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