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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 269,000 gross 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 Sep 14, 2022 10:55am
187 Views
Post# 34961672

99% post are positive, and BTE heads towards $7

99% post are positive, and BTE heads towards $7That's obvious and that's where I come in with a reality check, the post can be all positive but the economy and Oil are negative and that's where the positive gets lost, they buy thinking that Oil is going to $100 and the economy is bullish only to wake up the next morning to Oil selling off by $10 and their SP is down $1. Positive pumping does more damage than my negative reality posts and in this world, there are always 2 sides to a debate I will continue to post my views and you post your views and let the investor decide, I'm not all about directing investors into a gauntlet and I don't need to tell investors to ignore anyone or start bashing posters and although there are mostly positive post doesn't mean that the investors are following them, they are just posts and if investors think that the FED warnings of a deepening recession are a joke and that China and Europe contraction won't affect Oil prices then rock on. And if the posts are so bullish, why is Oil at $89 and not $99?

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