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.

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Baytex Energy Corp > The Difference Between TVE And BTE,

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Comment by AvInvestoron Jan 05, 2025 9:08am

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Post# 36388324

RE:The Difference Between TVE And BTE,

Glad that you finally see my reasoning raven. I'm a normal world, this balance sheet wouldn't be a huge issue but the energy sector is unloved by investors for many irrational reasons. Therefore, management has to prioritize selling non core assets and focus on the prized EF operations. Is there really a need to be a 150boe producer? Why not become a 105boe producer with an amazing balance sheet, paying a high dividend and greater buybacks? Eventually buy surrounding acreage to maintain reserve life?

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