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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 Frost19on Jul 19, 2024 1:01pm
155 Views
Post# 36140248

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Top Clearwater Wells

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Top Clearwater Wells16.34M shares were canceled in Q2 by Baytex. They were buying everyday the market was open on Canadian and US exchanges so it's not easy to pin down the exact average per share cost for the quarter. But we know the share price fluctated in the quarter from low $4's to mid $5's and based off that, $5 or perhaps slightly less is a good estimate. 

Baytex spent around $80M on buybacks in Q2.

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