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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 Realdudeon Nov 03, 2024 1:15pm
114 Views
Post# 36294329

RE:Sell heavy oil assets!

RE:Sell heavy oil assets! Avinvestor this is an excellent idea for we can get an awesome price for these assets. I believe the comments on this board are short sighted and that we need bold moves for this stock to pop. This CEO has proven he can't manage these assets due to geographical distances from each other. Essentially the assets are too spread out. Can't be everywhere all at once. Bte is the worst performing small-mid cap the last 365 days and the only black mark is DEBT is too high. I think these comments are objective and debt solutions should be looked at proactively. 
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