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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 > Baytex dept...
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Post by jmaan on Jan 04, 2024 1:02pm

Baytex dept...

I'd rather see baytex take there little .02cent dividend and put it towards paying down dept! Or some how team up or get bought up by a bigger healthier company! Athabasca will here by probly next week pass baytex in share price! Lol top anylsts saying baytex is worth  a lot more but no way ! With volatility like we are seeing everyday,  no way this gets to pass $5.00 anytime  soon,while Athabasca surely will! Be nice to hear baytex management soon as there watching Athabasca on fire!
Comment by jleer42 on Jan 04, 2024 1:51pm
I believe they did it to match the dividend Ranger had being paying out. Also, some funds only invest in dividend paying companies; it could be intended to increase the amount of institutional investors.
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