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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 2021Gambleon Feb 07, 2024 9:49pm
244 Views
Post# 35868957

RE:855,300,000

RE:855,300,000Actually it's down to 822million shares according to the Jan 2024 presentation

https://www.baytexenergy.com/content/uploads/2024/01/24-01-January-Presentation.pdf

And yes, that is quite the reduction already - and likely to continue

Cheers




Frank007 wrote: That's the current number of shares in the float ....that's just nuts ....with a current production .of only 151,000 ......Yike that works out to ...for every 1,000 shares that you own you or they produce for you the shareholder ,....       .1766 of a barrel for each thousand shares ....not very good when you compare to other E and Ps ....hopefully lots of growth ...



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