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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Comment by Kelvinon Dec 31, 2023 1:54pm
205 Views
Post# 35805712

RE:EMPIRE STRIKES BACK: UK/US Air/Missile ATTACKS On Houthis ?

RE:EMPIRE STRIKES BACK: UK/US Air/Missile ATTACKS On Houthis ? Well Ztransforms like I suggested to Marty, game it out. All I see is Hamas attacks on kibbutzes in Israel  triggering a set of escalating events that are now involving Brit and American warships in active combat in the Red Sea and major shipping companies like Maersk going around the Horn of Africa cause they fear going near the Suez Canal.

Look Grieger, smart guy that he is, is depending on a set of stable geopiltical conditions for his plan to work. You guys game out if he reckoned right or not. If he's an accountant then he's not that smart. Seems that he got Eagle Ford wrong with their $48 break even cost per barrel. Insanely high for what he paid for Ranger. Just pay down the debt with retained earnings and hope for the best. And stick your fcf where the sun don't shine. Bte offers their definition of fcf which seems to vary on a micro level. Each company defines it differently. Here we got Nuttal and others yapping like rabid crazed dogs about fcf projections given certain wti prices yet don't specify their definition for fcf and how bte defines it. Meaningless, useless analysis from ninepoint.
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