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 > Nugget Capital Partners says Baytex has major overhang

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Comment by dllscwbysfnon Dec 19, 2023 11:15am

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Post# 35791704

RE:RE:Nugget Capital Partners says Baytex has major overhang

They are investors though. Will they sell them at a loss? Do they dump them and drive the price lower? 12% of shares is only a hair more than BTE plans on buying back by the end of next year. BTE will perform more according to the price of WTI than anything else