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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 HeavyBananaon Mar 18, 2024 7:29pm
140 Views
Post# 35939409

RE:RE:RE:Question to Brian Ector on Q1 buyback.

RE:RE:RE:Question to Brian Ector on Q1 buyback.
Trader60 wrote: Hello, where did you read that the buybacks would be aggressive, or are you adding your opinion?? I have not noted or read this in any release or announcement from BTE.

The press release of June 2023 about the NCIB clealy lays out how the NCIB would occurr over the year. 

GLTA  
Of course it is my opinion .......... that's why it is in a separate post. I feel it is an informed opinion based on Brian's guidance. FCF will be uber strong in Q2 and Q4, hence, my expectation that while the share price remains at this lowly level only weeks away from Q2 start  and the price per barrel strengthening nicely leading into Q2, the company will certainly be AGGRESSIVE in buying back the balance of the NCIB at the prices currently in play.

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