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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

Post by Marty47on Jan 23, 2025 12:58pm
110 Views
Post# 36417315

Time for Baytex to sell Canada and move to USA

Time for Baytex to sell Canada and move to USA I think will be good Baytex move to USA , I guess if they already have 60% production in USA and it's more favorable to easy export , I think stay in Canada may not help much .... they have a chance to start fresh in USA avoir tax and friendly environment rules .... pay half debt and buy something down there close to the us operations , maybe some private operator , I would sell Canada now at 75$ wti and wait to buy in USA at 65 wti .... they can clear the debt and wait for an opportunity and just get more debt in the USA .... maybe management not agressive enough 
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