Baytex Energy Corp. (BTE) Stock Price Prediction

Baytex Energy Corp. operates as an oil & gas exploration and production company. The company is headquartered in Calgary, Alberta and currently employs 227 full-time employees. The company went IPO on 2011-07-12. The firm operates a portfolio in the Western Canadian Sedimentary Basin, featuring the Pembina Duvernay and heavy oil plays in Alberta and Saskatchewan. These core assets are backed by an extensive drilling inventory. The firm is engaged in the acquisition, development and production of oil and natural gas in the Western Canadian Sedimentary Basin. The firm's crude oil and natural gas operations are organized into two main operating areas: Light Oil (Pembina Duvernay / Viking) and Heavy Oil (Peace River / Peavine / Lloydminster). The firm's Pembina Duvernay holds approximately 143 net sections and has a production of approximately 10,200 barrels of oil equivalent per day. Its Viking holds approximately 355 net sections and has production of approximately 9,400 barrels of oil equivalent per day.