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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 HighOctane89on Nov 16, 2022 4:58pm
295 Views
Post# 35104814

It just dawned on me .....

It just dawned on me .....Reading through the various posts here got me thinking about how much things have changed on this bb and the world in general . What happened today with WTI really got my attention , even with so many positive catalysts , the paper market was still able to crush any thought of a rally . I'm certainly not losing any sleep over this but the wind feels cold and the denials are even colder . 

The fear factor in this market is extremely bifurcated and it appears that fewer people are even trading . Buying seems to have little urgency and I wonder if hopes for a Santa rally are in vain , this may be a long haul to get through the next month and a half . Maybe people get more positive by January (or sooner) . For the time being , we live in a chicken-little world (but nothing lasts forever) .
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