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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 889900on Mar 07, 2024 4:31pm
498 Views
Post# 35921384

Eric Nuttall

Eric NuttallI was on a Zoom call featuring Eric discussing oil, Batex was mentioned, and he discussed the writedown as it was misunderstood by market.
Eric talked to Baytex management, and his fund did not sell any shares.
He did also talk about a company (no name meantioned) questioning why people wouldn't buy factoring in a share price dropped  of 8% last week, current bringing in 20% at $80 oil, 10% going to buyback & dividends to shareholders .... wonder who he was refering too :)
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