Showing posts with label BTE. Show all posts
Showing posts with label BTE. Show all posts

Sunday, August 31, 2014

Baytex Energy Isn't Just a Canadian Oil Producer Anymore -- So Is It a Buy?

This article was originally published by TheStreet on August 23, 2014
By Sarfaraz A. Khan

NEW YORK (TheStreet) -- Baytex Energy (BTE_) used to be a producer of oil and gas, particularly heavy oil, from Peace River and Lloydminster in Alberta and Saskatchewan provinces of Canada -- but not anymore.
In an email to TheStreet, Baytex Energy's senior vice president for capital markets and public affairs Brian Ector has said that starting this year, the company will start getting a third of its total production from the U.S.