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 wooduckon May 16, 2002 9:41am

560 Views

Post# 5117232

ROBTV analyst

rating had bte a SELL with a 12 month target of $7.75!! I find this a bit unsettling ...given the price and outlook for oil and NG. I can only conclude that: 1--they don't like outlook for heavy oil 2--they don't like management...this rating comes out shortly after annual report 3--they don't believe debt will be repaid. Haven't sold yet...and am interested in all comments.

Bullboard Posts

Debt-free cannabis company set for next stage of growth