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 > Buyback

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Comment by dllscwbysfnon Oct 01, 2024 6:09pm

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Post# 36249194

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Buyback

Totally disagree. If they wanted it to be clear that buybacks were the priority then in the investor presentation that came out today should have stated that.

Antonyius wrote: Well I, along with many others, have wrote in asking about prioritizing debt payback over dividends and share buy backs. Brian replied that management strongly believes that share buy backs are the best course of action for the company.

So, maybe it's a problem like you said but I think they've made themselves very clear what their intent and priorities are.

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