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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 May 04, 2024 1:20pm
185 Views
Post# 36023335

RE:RE:RE:I am NOT COUNTING So BETTER GET Your CALCULATOR READY !

RE:RE:RE:I am NOT COUNTING So BETTER GET Your CALCULATOR READY !
dllscwbysfn wrote: Thats quite disappointing to me. They will not get close to the 10% NCIB. They might get to 7 or  8 % which is ok I guess.It does look like they are doing double share buybacks in May compared to April. LOL, I am always left a little disappointed with any official report such as this and quite likely Q1 earnings as well. I will hold till Q2 earnings and then decide if there is any hope for me and this company
ztransforms173 wrote: - of course, the UNITS are BTE common shares

BTE NCIB April 2024:   4,840,443 BTE shares

z173




They need to buy about 21 million shares by June 28 to fulfill the NCIB intiated last year. Considering they cancelled about 10.7 million shares in November and 10.3 million in October I don't see why you find it a stretch for them fulfill the NCIB in full in the next two months.

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