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 > BTE. American or Canadian company ?

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Post by JohnnyDoeon Aug 11, 2023 11:23am

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Post# 35583902

BTE. American or Canadian company ?

I think we'll be a couple of quarters before we really start to see the impact of the Ranger acquisition

BTE has an American CEO with an American track record that is HQ'd in Calgary. Production wise, about 60% comes from the Eagle Ford.

We know that American companies trade at higher multiples than Canadian companies (thanks Justin). When we talk about where this stock price might go, I think a large part of that ends up resulting from how the company is perceived a year from now.

Weighted to US production and trades in New York. Would be nice to see an American multiple

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