Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Moemoney42on Oct 25, 2022 12:05pm
179 Views
Post# 35046822

RE:Oil been at $85 2 months

RE:Oil been at $85 2 months " It's great that the last 5 days have seen share prices increasing but remember that we are just spinning our tires at $85 and need to stay over $86+ so watch that the SP doesn't get too far ahead while at $85 because of the probability of Oil dropping below $85 again"

The only ones that care about you're big bashing attitude is you and your day trading...
Get with the facts man.. at $85 crude these companies are FCF machines and will be paying down debt by the 100's of millions of dollars every quarter.. so as I said before, take your debbie downer attitude over to the high tech sector.. they're just as desperate as you.. maybe more.?

An article I read recently was calling for demand increase of 1.7 million blrs/day in 2023.. 
An energy analyst just stated on BNN that he expects China's consumption to continue to increase as that country is looking to expand its GDP going forward. 
China's GDP currently 4-5% is looking to get back to 6-7% growth.. he mentions.. that's going to take energy to get there.. I agree...  ;-)


<< Previous
Bullboard Posts
Next >>