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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 269,000 gross 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

Bullboard Posts
Post by cyclewatchon Feb 13, 2016 9:40am
154 Views
Post# 24555514

What is your target price for oil in 2016?

What is your target price for oil in 2016?Somewhere stable between $50-100 for the next five years would be comfortable it seems?

Has anyone calculated the price of Baytex at $50 oil and $100 oil?

And it's true, the price of oil could be pushed down even lower on the short term until we understand where we are with all inventories.

This is very opaque at the present with conflicting numbers and information.  What we do know is it's near 100% negative on the storage front right now.
Bullboard Posts