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

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Post by smallcaptdron Sep 25, 2022 10:52pm

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Post# 34985601

Oil prices will head back toward $100 JPMorgan says so!

Here we go, this is all that was holding the market back from having $100 Oil was waiting for JPMorgan to say so! Loadup!! Eventually, something will cause Oil to rise but it'll have to happen before the economy is in a full-blown recession, and if it does go back to $100 just remember that it will head back down at some point when the global economy is in a full-blown recession and this is a guarantee so always have an exit plan in place when you're into the profit. We should see some type of Oil price recovery this week at least back into the $80+ Right now DOW Futures are only down 83pts and Oil is flat at $78 so we'll know by 9am what we'll be dealing with Monday.

Oil Price Outlook: Brent Crude Will Retest $100 Amid Supply Squeeze (businessinsider.com)

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