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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

Post by smallcaptdron Aug 21, 2022 3:26pm
292 Views
Post# 34910162

OK, Oil should hit $100 tomorrow!!

OK, Oil should hit $100 tomorrow!!When Oil was at $115 it was then when the FEDs started to talk about a recession in June and Oil sold off instantly once by $15, and numerous other times by $10 because traders put the likelihood of a recession above anything else to the point of recently hitting $85. So, with all the news in the papers about scenarios of Oil hitting $130, it would make sense that the traders will drive Oil up by $15 tomorrow or at least by $10 putting us at $100 because of their awareness of everything that's being posted or talked about on TV, after all, it took days after the FEDs announcements that Oil started its trend down. So let's watch Oil hit $100 if any of your posts are of any concern to Oil traders. And if Oil stays around $90 then that means that your posts of $130 Oil are as worthless as you. JMHO
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