Baytex Energy Corp., an energy company provides the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin. It offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.
It also holds 100% interest in Duvernay and Peace River properties in Alberta; and Lloydminster property in Alberta and Saskatchewan. Incorporated in 1993, Baytex Energy is headquartered in Calgary, Canada.
Baytex Energy Corp. is an energy company focused on the acquisition, development, and production of crude oil and natural gas. Its operations are primarily in the Western Canadian Sedimentary Basin. The company produces light oil and condensate, heavy oil, natural gas liquids, and natural gas. Key properties include the Duvernay and Peace River properties in Alberta, as well as the Lloydminster property spanning Alberta and Saskatchewan. Baytex holds 100% interest in these properties, which form the core of its upstream portfolio. The company was incorporated in 1993 and is headquartered in Calgary, Canada.
Where is Baytex Energy Corp. (BTE) listed and what currency is used?
Baytex Energy Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol BTE. The trading currency on this exchange is USD (United States Dollar). This listing provides international investors with access to the company's shares in a major US market. As a Canadian company, Baytex also reports its financial results in Canadian dollars, but its NYSE listing allows for trading in US dollars, which can be convenient for US-based investors and those seeking exposure to the energy sector.
What sector and industry does Baytex Energy Corp. (BTE) operate in?
Baytex Energy Corp. operates in the Energy sector, specifically within the Oil & Gas E&P (Exploration and Production) industry. This means the company is involved in finding, extracting, and producing crude oil and natural gas. As an E&P company, Baytex focuses on the upstream segment of the oil and gas value chain, which includes activities such as drilling wells, operating production facilities, and selling the extracted hydrocarbons. The company's operations are concentrated in the Western Canadian Sedimentary Basin, a prolific region for oil and gas production.
Where is Baytex Energy Corp. (BTE) headquartered and what are its main operating regions?
Baytex Energy Corp. is headquartered in Calgary, Alberta, Canada. Calgary is a major hub for the Canadian energy industry. The company's primary operating region is the Western Canadian Sedimentary Basin, which spans parts of Alberta, Saskatchewan, and other western provinces. Within this basin, Baytex holds 100% interest in three key properties: the Duvernay and Peace River properties in Alberta, and the Lloydminster property which straddles Alberta and Saskatchewan. These properties are central to the company's crude oil and natural gas production activities.
How does Baytex Energy Corp. (BTE) generate revenue?
Baytex Energy Corp. generates revenue through the acquisition, development, and production of crude oil and natural gas. The company sells its production, which includes light oil and condensate, heavy oil, natural gas liquids, and natural gas, to customers in the energy market. Revenue is primarily driven by the volume of hydrocarbons produced and the prevailing market prices for these commodities. Baytex's portfolio includes 100% working interests in the Duvernay, Peace River, and Lloydminster properties, which provide a diversified production base. The company's operations are concentrated in the Western Canadian Sedimentary Basin, a region with established infrastructure and access to markets.