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 > Bottom line...When you buy back shares

<< Previous

Bullboard Posts

Next >>

Post by Nextlegupon Aug 29, 2023 8:30pm

235 Views

Post# 35611011

Bottom line...When you buy back shares

You're reducing the number of pieces of pie to divide the profits from ultimately....

Additionally, what has to be factored in is tha a company is aiming to grow....

If you buy back 10% of the shares at X, and earnings grow....Those increasing profits are divided by fewer shareholders thus greater...

<< Previous

Bullboard Posts

Next >>

Full Circle Lithium goes global with its battery fire-fighter