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.

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Baytex Energy Corp > Insider buying

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Comment by 1234bmthon Jun 04, 2024 6:32pm

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Post# 36072151

RE:Insider buying

Insiders are keeping buying since Ranger Oil acquisition, and it doesn't help. BTE needs to bring the exploration cost down and pay debt faster to save in interest expense and reduce the risk to oil downtrend. Buyback is a waste of money for investors unless planning to stay long for more than 5 to 6 years.

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Osisko Development receives permits for Cariboo Gold Project