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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 1234bmthon Jun 16, 2024 4:44pm
125 Views
Post# 36091284

RE:RE:RE:BTE Valuation, Other Calculations

RE:RE:RE:BTE Valuation, Other CalculationsCall me anything you want, but I can assure you I have more knowledge of financial than you do based on your comment. At the time of the Ranger acquisition BTE promised $1B FCF at $75 WTI and now it says $700M at $77 WTI, and this the main reason of poor SP performance and of course other factors are also contributing to it, but all other factors except for CRA tax re assessment apply to all other oil companies as well not just BTE, look at other companies such as MEG, ATH, CVE, CJ, SU, IMO, CNQ, just name it has done way better than BTE, this is performance impact.
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