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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
Comment by Purveyoron Dec 07, 2017 4:02am
134 Views
Post# 27106771

RE:RE: I hate this stock...

RE:RE: I hate this stock...If you compare a major like Suncore SU you will see BTE is pretty volatile comparitively but at the moment we are about par over the past month, and performing much better over the past year. So generally speaking I don't think BTE is the issue here, oil has investors running in every direction. Shale producers are now making rumblings that profits at $60+ WTI might be better than more barrels at <$50/b. And why not? If you can get more profit for less product, that is good business ... and investors are happy.  Happy investors means higher valuations across the board. Higher valuations means a better IPO for ARAMCO. So hold on for a rollercoaster ride.  JMHO
Bullboard Posts