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

Bullboard Posts

Post by Tealeaf1on Sep 06, 2001 1:04pm

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Post# 4170873

Valuations

Eunice12 Tks for the feedback on NAVs, but I had already used those independent NAvs in my anlysis. From the 10% $16 figure, you have to deduct the Future Taxes. On the 15% $13 figure, you get an Asset Value close to Book (Diff. of $31 Mn or so), hence my calculation of Book of around $8 as of June 30. TD is giving a $14 NAV and Target based on the June 30 Financials and it is that upon which I am going after them. I take yr point on the beat up factor and will post back the result of my anlysis of TD's Analysis. Interesting about that extra $5, but no one is seeing it. Anybody like the idea of a Class Action v. the Analysts?

Bullboard Posts

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