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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

Post by cashtango00on Feb 16, 2024 11:46am
371 Views
Post# 35884287

Juniper

JuniperKind of looking at this but the Juniper shares are giving me some pause.  Looks like they still hold 100m shares and have been slowly selling into the market as it appears they are all free trading now.  Thats a pretty big overhang on the stock.  I guess improving conditions would help the market consume those shares, but it does seem like a pretty big overhang in the short to mid term.  I remember listening to a conference call where management said Juniper were not looking to dump shares, but it looks like they have been.  Anyone have any guidance on this issue?  
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