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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 GotNoPensionon Aug 03, 2020 10:14pm
234 Views
Post# 31359260

How likely is BTE to see $1.25 again?

How likely is BTE to see $1.25 again?
And if it's possible, what metrics/catalysts/market conditions need to occur before the share price will trade over $1 USD again thereby remaining on the NYSE? I'm saying 1) WTI price over $50 2) more OPEC mandated production cuts 3) COVID situation eases and /or vaccine introduced to mitigate the paranoia about traveling and flying and going to work by car again 4) US frakers continue to self-distruct 5) TMX and other pipeline capacity starts to open up 6) a supply shortage sets in after the shuttering of oil wells 7) institutional investors start to move money back into undervalued CDN Oil stocks 8) WCS differential stays narrow...did I miss anything?
Bullboard Posts