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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 > Rumor or truth...
View:
Post by red2000 on Oct 06, 2021 4:25pm

Rumor or truth...

Seen it on Yahoo finance : 

Baytex bought two smaller oil companies recently wait till that news breaks

Anyone have more details... Seems to be in Saskatchewan !!?
Comment by Maxmoe on Oct 06, 2021 4:37pm
Rumour or truth? Sometimes it can be both. LOL.
Comment by pharmabros on Oct 06, 2021 6:17pm
maybe the guy is thinking of Surge energy? They bought 2 small oil companies lately (Astra and FireSky - saskatchewan light oil).
Comment by Quietinvestor on Oct 06, 2021 6:26pm
It would be considered a "material informatuion" and would have demanded a news release IAW TSX. Did not see a news release, as such, must be a rumour.   The Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSXV) define material information as any information (including both material facts and material changes) relating to the ...more  
Comment by Snowballer on Oct 06, 2021 8:09pm
Would also be counter to their 5 yr. plan
Comment by Maxmoe on Oct 06, 2021 11:21pm
Good guess unless it's so tiny to bte it's immaterial.
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