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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

Comment by HighOctane89on Dec 14, 2022 1:31pm
136 Views
Post# 35171314

RE:RE:oil stocks remain the only cheap ones in the market

RE:RE:oil stocks remain the only cheap ones in the marketEverything points to your conclusion Moemoney , the chart confirms the sideways base building . If this was 10 years ago (when oil wasn't a bad word) with supply this tight , balance sheets this clean and a commitment to reward shareholders these stocks would be trading through the roof . 

Even if you could get the media to report things honestly without bias or better yet , just shut up , it would go a long way toward gaining investor interest . These products will be needed for decades and relying on imports will only bleed domestic wealth while risking energy security , the adults need to start acting like adults . 

Future demand was increased just today by the IEA and it will continue increasing for years , the longer this denial continues the worse the damage will be to domestic availability and energy security . When the excrement hits the fan its gonna explode .
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