Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Nextech3D.ai Announces First New Customer Win For its AI Powered Photography Studio (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Why keep heavy oil assets?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(113)
•••
Comment by ManitobaCanuckon Oct 23, 2024 6:11pm
136 Views
Post# 36279346

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why keep heavy oil assets?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why keep heavy oil assets?
AvInvestor wrote: I hope that you're reading this discussion. My point is to sell heavy oil assets (non core), and clean up the balance sheet, while focusing on your core business (EF & duverney/viking) !! WCP is uniquely focused on light oil, and yet their MKT CAP is $6.2B vs $3.19B (Baytex)! Do you all see a pattern? 

EV of WCP is 7.5 bil for 180k prodn while EV for Baytex is 5.65bil for 160k prodn.
If same metrics are used BTE EV should be 6.6bil or 1 bil more which is almost 5.25$ per share .
Decent  results might push up the price to that value .



<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities