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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Good morning Baytex !!!
View:
Post by red2000 on Sep 09, 2021 5:06am

Good morning Baytex !!!

Interesting article  with multiple analsyt view :

https://financialpost.com/commodities/energy/oil-gas/general-investors-had-shunned-pure-oil-and-gas-stocks-now-they-are-poised-to-return-as-a-six-year-bear-market-ends

GL LONGS !
Comment by red2000 on Sep 09, 2021 6:06am
Interesting open question from Cowboys Fan on Yahoo ! Ed seems interested, he talk briefly for a partnership to develop those properties in recent interview !!! Cowboys Fan ! Open question for longs, like Mark, Dominator, Scoffer1210 and others. Is it a possibility to Baytex to sell a part of Pembina area Duvernay assets and properties !!?? Lots of ...more  
Comment by JohnnyDoe on Sep 09, 2021 6:18am
well Red, i think demand pressure has to firm up in order for the stock price to improve. I read that financial post article last night and fingers crossed we'llsee institutional money rotating back into the sector to shore up demand If we were to sell a property, i would think currently that the Eagle Ford would provide the best return. Cdn oil assets are on clearance at the moment and ...more  
Comment by jimitwist on Sep 09, 2021 9:32am
Why sell anything at this point. Gutting production would just lessen cash flow and there would still be over 550 million shares outstanding. At current prices, ( wti and share price) they could buy back 10 % of outstanding shares per quarter. 
Comment by masfortuna on Sep 09, 2021 5:49pm
Could but can't.  The amount they can buy is based on volume.
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