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 > BTE assets sales

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Comment by jleer42on Dec 23, 2024 6:57pm

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Post# 36375764

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BTE assets sales

The dividend was initiated as part of the Ranger purchase, I think it was actually the same as the old Ranger dividend. Anyway, lots of other things going on with that than just the institution of the dividend.

I have not idea if the dividend itself helped or hindered the SP, but no denying the SP went down. However, the boat has sailed on whether to have a dividend or not. I expect the next dividend change - not for a long time - would be an increase.

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