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 > TOOK DETOUR: SOLD BTE To BUY VRN: REVISIT In April 2025 !

<< Previous

Bullboard Posts

Next >>

Post by ztransforms173on Dec 05, 2024 1:12pm

178 Views

Post# 36347528

TOOK DETOUR: SOLD BTE To BUY VRN: REVISIT In April 2025 !

- BOTH BTE and VRN are SEVERELY UNDERVALUED

MyTake:

- VRN will REBOUND FASTER than BTE in the NEW YEAR

- ONLY DOWNSIDE is that VRN is MUCH MORE GASSIER than BTE {+ 20% in terms of boe/d}

* hopefully, NG prices will FIRM UP this WINTER SEASON (?)

- TOOK an ~ 15% LOSS but have POSITIVE CAPITAL GAINS to NET OUT LOSS

- we will 'see' HOW IT GOES

z173

<< Previous

Bullboard Posts

Next >>

They started in video game investing, now they serve high net worth traders