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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Comment by nikolaoson May 03, 2022 7:08pm
299 Views
Post# 34653143

RE:I'm starting to see a setup happening ........

RE:I'm starting to see a setup happening ........TD totally agree with your sentiments. I think the market as a whole is very slow at figuring out whats going on. By the time we see massive increases to wti, all regular folk are going to wonder how it crept up on them so fast, when in reality this has been in my opinion building since prior to covid. Covid was the blip on the radar that accelerated destruction of supply but I honestly feel that after looking at charts q3 of 2019 this "setup" was starting to form. Hence I took a long position September of 19 prior to ab qaiq drone attacks. Been watching it since. 
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