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 > Oil at $81

<< Previous

Bullboard Posts

Next >>

Post by smallcaptdron Nov 22, 2022 3:12pm

189 Views

Post# 35119627

Oil at $81

Look at where BTE shares were the last time hitting $76 Oil Sept 26th compared to where BTE went this time hitting $75, no comparison and this is worrisome if Oil starts trading lower $70+ - $80+ then there's a lot of inflated value in the shares that are hinging on OPEC cuts keeping Oil $85 - $95 well this isn't the case so far and investors will realize that the SP is being credited on the anticipation of having $85+ - $95 Oil revenues but here we have been sitting at $81 so we'll see if this happens. Right now BTE is solid today.

BTE.