Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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 / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp > Taking another position in BTE, When?

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Post by jdmecomberon Aug 02, 2021 11:24am

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Post# 33639783

Taking another position in BTE, When?

I would like some input on when to possibly buy some more BTE. My thoughts are maybe wait till we have a correction in the stock market in maybe a year or two? We re overdue for some downturn. If we do have a bearish market, in a year or two. I would think oil would come down to 50-60 and so would the share price.

If oil stays within lets say $60-80, $80-100, BTE will slowly climb back up in 2022 I would think.

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