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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 Jun 07, 2024 9:26am
146 Views
Post# 36077211

RE:RE:RE:RE:Eric Nuttall today interview...

RE:RE:RE:RE:Eric Nuttall today interview...
uwebb429 wrote: Frank is somewhat right. Ninepoint has gone from 50M to 40M to 38M at the end of April. The Stockhouse data needs to be updated. 

https://www.morningstar.ca/ca/report/stocks/ownership.aspx?t=0P000080FA&lang=en-CA

It will be interesting to see the end of May numbers. BTE has underperformed for the last two years. It makes sense that Ninepoint has been trimming their holdings.


Ninepoint has never held 50 million shares of Baytex. 40 million was peak of ownership. Earlier this year they went from 38 million to 40 million shares and dropped 2 million to go back to 38 million recently.

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