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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 Marty47on Nov 15, 2024 8:23pm
54 Views
Post# 36316048

RE:RE:RE:RE:RE:Paramount up 16% on asset sale! (ovintiv sale)

RE:RE:RE:RE:RE:Paramount up 16% on asset sale! (ovintiv sale) Ya well management may think long term , they don't have none core assets , also if they sell stuff , they need to buy later at some point to keep production up , in the mean time management said they love the buybacks so selling stuff may get the share up and more expensive for the buyback , Baytex just boost the revolving line of credit , so before selling stuff they will cut capex , stop the buyback and just ride the wave .... 
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