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 > WTI above $85

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Comment by jleer42on Sep 02, 2023 6:32pm

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Post# 35617715

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WTI above $85

Regardless of what is going on in Hardisty companies can massage their numbers. Often you can find in in a deep dive of the financial reports, but not always. Audited financial statements do make it harder to fudge, but if a company wants to be dishonest it will be. It is why trust in management is so important.

One large restaurant chain with a mix of company owned and franchise stores always meets its sales. It does this by selling company stores to franchises if sales are down and buying them back if sales are up. If a store is sold it is included in revenue.

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Advancing flagship Ishkõday Gold Project in Ontario