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.

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Baytex Energy Corp > Bloomberg commentary

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Comment by Kelvinon Nov 10, 2023 12:36pm

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Post# 35728745

RE:RE:RE:Bloomberg commentary

Well I wonder if mutual funds are seeing net outflows? Back in the days of low mortgage rates the calc was easy. Mortgage 2% so instead of paying down principal buy mutual funds returning higher rates. Nowadays its a different calc. Maybe people are even selling good equities in order to pay down principal.

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