Bullboard - Stock Discussion Forum 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... see more

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TSX:BTE - Post Discussion

Baytex Energy Corp > Eric Nuttall

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Post by retiredcf on May 31, 2023 12:28pm

Eric Nuttall

Still a big fan despite the decline in SP since he made it a top pick. Likes the new CEO who is very well connected in the US. He purchased another million shares this morning and now owns 40M shares. GLTA

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Comment by lensgto on May 31, 2023 1:33pm

Also stated the merger to close in about three weeks and Baytex is his largest position in his personal holdings.

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Comment by Possibleidiot01 on May 31, 2023 2:29pm

PAST TOP PICK Baytex Energy Corp(BTE-T) 31/05/2023 (A Top Pick Aug 12/22, Down 34%) His thesis is that it's the meaningful return of capital that will drive the rerating of share price. Ranger acquisition was 19% free cashflow per share accretive. Deal will close in 3 weeks, and they'll initiate modest dividend and will start buying ...more

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