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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 Cobalton Oct 03, 2023 10:50am
108 Views
Post# 35666790

RE:RE:RE:RE:Harbinger?

RE:RE:RE:RE:Harbinger?"What are a lot of investors doing"

So far Bill Ackman has the right call short the long bond but we just touching a new paradigm with a call for 13% ten year yesterday they dumped the so called safe divy plays in the utilitie and consumer sector they cant compeat with the rates. Anybody that needs finacing could be in trouble this could be great for Oil names that are sitting on 40 years of reserves and no debt ATH MEG (almost done) Major wind player Nextera just got its head handed to them down 25% in a week, Short green long old energy? I have too much copper if so!

The 13% call is new and the market is scrabling to get it right if it is true fun fun.
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