Baytex Energy Corp T.BTE

Excessive spending!

[hankhenry44]

Baytex management is spending over $i billion dollars in exploration and developement. This should be cut by at least $250 million dollars to maintain stay flat production. Return more money to your shareholders!

[dandu1924]

Dont forget the management does not care about the shareholders, the only thing for the management is their  salaries and bonus.

[BeWary2]

If only it were that simple.  They have to spend all that money for E & D to actually maintain the oil flow rate, not so much for sexy "exploration and development".  That's at least how I underdstand it. So based on that it is a dog. It's like buying an asset and then realizing that the upkeep is mammoth and wasn't put into the equation OR properly disclosed