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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 Wildfuryon Mar 21, 2023 11:13pm
273 Views
Post# 35352820

Goldman Sachs - expects commodity super cycle

Goldman Sachs - expects commodity super cycleWhere have we heard this before? Just the other day Goldman retracted their $100 oil predictions, now they say somewhere in the $90 range. Article today on Oil.com, some analyst named Pierre. A, claims that oil will hit $140 per barrel? Playing oil stocks is a dangerous game but what if they're right? Baytex will be presenting an update regarding the Ranger deal in April, followed by the general shareholders meeting in May 2023. The SPR, banks, media are driving the fear but eventually the lack of supply again will raise its ugly head. The Nasdaq which mostly is Tech is on a role, so what does Tech consume? Commodities!! 
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