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.

TSX:BTE - Post by User

Baytex Energy Corp > @ Today's SP & STRIP PRICING, BTE will CANCELL 40+M Shares

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Post by ztransforms173on Feb 29, 2024 2:55pm

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Post# 35907268

@ Today's SP & STRIP PRICING, BTE will CANCELL 40+M Shares

- in 2024

- pay $ 74 million in dividends

* {personally, I believe that this is an INDUCER for the HEDGE FUND to KEEP their 102 million BTE sharres}

* IF I were the BODs, I would ELIMINATE DIVIDENDS and MOVE the MONEY to SHARE BUYBACKS with the HIGHEST RETURN in the CAPITAL RETURN FRAMEWORK

- and REDUCE NET DEBT by $ 300+ million

- SLOW and STEADY is the NAME of the GAME

z173

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