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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 dllscwbysfnon Feb 16, 2024 1:39pm
243 Views
Post# 35884598

RE:Juniper

RE:JuniperThe share price is the share price. The value of the company really does not change if Juniper dumps their shares. Sure the sp will fall for a few days but the actual value of the company stays tha same.  The inverse is also true, what if there were a big buyer the sp would go up but the value of the company stays the same.Value is what I look at. Is the company heading in the right direction, for me yes. For every share bought back, for every debt paid, for every increase in production adds VALUE to the company.As the actual value goes up hopefully the sp does as well. Many will disagree!!
Have a great weekend all!
cashtango00 wrote: Kind 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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