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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 > Sell assets?
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Post by jmaan on Sep 05, 2024 3:17pm

Sell assets?

So now what for baytex?!?!  What's  new game plan if we stay down here in mid $60s ! Maybe sell off assets pay down dept!  Possibly get in to  talks of getting  bought out ? What now! Good luck.
Comment by 1234bmth on Sep 05, 2024 4:05pm
Nothing now, at this depressed oil price and negative market momentum who will buy assets unless sell them for peanuts, the only thing that can help is a real miracle to happen. Other than that we have to wait another 2 to 3 years to get back to $6 if it ever does.
Comment by Marty47 on Sep 05, 2024 5:15pm
They should of sold their usa assets and focus in Canada when oil was at 85$ 90$ , now it's too late you don't sell at these level unless you have no choice ..... it will get back up at some point 
Comment by dandu1924 on Sep 05, 2024 5:47pm
When It will get back up  at $5, I will be out for sure, too much is too much.
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