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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 BayStreetWolfTOon May 04, 2022 6:09pm
161 Views
Post# 34656817

RE:RE:WTI Jun-Dec 2022

RE:RE:WTI Jun-Dec 2022Red, the biggest unknown seemed to be recession impact. SPR no impact, China holding down more inflation pressure, Russia impact increasing, OPEC out of options, North American O&G companies not interested in shale growth....and today the Fed almost guaranteed this lasts through midterms. If anything I think the price through the end of year for WTI has major tailwind. Also you have governments giving fuel rebates like its candy. You could be in the market 60+ years and never see these conditions. Eric is right kids today have a generational opportunity to build wealth.
red2000 wrote: Hi BSW !

Are you serious !

If that happen, I predict a special dividend is coming for Baytex in 2022, to calm shareholders appetite !!!

Probably the only producer able to do that like they done a 30M$ + CAPEX in 1 quarter !

Only my O !


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