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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 Aug 17, 2024 12:38pm
109 Views
Post# 36184241

RE:RE:RE:RE:RE:RE:RE:Buyout potential scenario?

RE:RE:RE:RE:RE:RE:RE:Buyout potential scenario?
Kelvin wrote: So it looks like we're talking break even costs in the $30 per barrel range with netbacks in the $45 per barrel range. Yeah I can't ubderstand why sp is so low. Great boost in operating income without depending on mideast turmoil to boost netbacks. But hey let ninepoint nutty keep going on about his fixation on fcf and wti correlations so people keep on thinking that fcf won't increase unless wti increases. Grab these cheap shares while you can! 
Kelvin, Nuttal's Ninepoint fund bought 500,000 more shares in the last month or so bringing them to 40,500,000 shares. I think he stands by his metrics, lol. Yours are good too !!!

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