TSX:BTEOil and Gas
Assessing Baytex Energy (TSX:BTE) Valuation After US$2.14b Eagle Ford Asset Sale And Refocus On Canada
Why Baytex Energy’s asset sale and conference appearance matter now
Baytex Energy (TSX:BTE) has drawn fresh attention after agreeing to sell its Eagle Ford asset for US$2.14b, with management set to discuss the refocused business at the CIBC Western Institutional Investor Conference.
For you as a shareholder or potential investor, this combination of a large U.S. asset sale and a renewed emphasis on Canadian operations raises practical questions around capital allocation, future production...