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.

TSX:BTE - Post by User

Baytex Energy Corp > BTE play

<< Previous

Bullboard Posts

Next >>

Comment by Kelvinon Jun 11, 2024 8:35pm

145 Views

Post# 36083851

RE:RE:RE:RE:RE:RE:RE:BTE play

I mentioned this before. Horsepower is a function of torque x RPM. I use that as a simple analogy. Horsepower would be earning power. Torque would be netback (selling price minus breakeven costs). RPM would be bbl/day production.

So what's wrong with bte's esrning ppwer? Bte has lots of RPM. Obviously the problem must be not enough torque. Maybe because their breakeven costs are too high. Don't know for sure. I've been waiting on some experts to give an opinion on this.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario