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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 Bluejaysoileron Feb 06, 2019 8:00pm
98 Views
Post# 29329521

Do not ignore the fact!

Do not ignore the fact!
Oil consumption will decline once it hit the peak in 2022 or something. Evs will take over the world soon and the only way you make money out of oil is by shifting. Opec, Russia and the US will pump as much as possible while they still can sell. Buy Google & amazon and sleep like a baby. If you want to be in oil market, please sell, it is just destiny of oil. Oill will be history in few decades and its consumption will only decrease. Imagine if you have shorter BTE since it was $40 per share. You are already retired with million dollars a couple of year ago. Be logic, you don't need to be smart. You will lose not only money but your time and health.
Bullboard Posts