Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

Bullboard Posts

Comment by Atomicboy1on Dec 15, 2017 4:46pm

251 Views

Post# 27168424

RE:Mayday Mayday

You need to think about the big price picture for oil. If you think the price of oil is going down, this a sell. If you think the price of oil will go up, this is a buy.
Based on OPEC's recent decision, lack of captial investment in exploration, world economic growth, increasing world oil demand, etc,,,, I think the price of oil will continue to go up.
What does the share price of BTE look like at $65 or $70 WTI??? It may be a slow climb but I think it will get there.
Just my thoughts.

Bullboard Posts

Pro Women’s Hockey League comes to NHL 25 in December