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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

Comment by 1234bmthon Feb 22, 2021 6:05pm
265 Views
Post# 32632649

RE:MEG bettered BTE again

RE:MEG bettered BTE again Oil doesn't have to be $100 for BTE to be over $2.
Just needs to stays at this level  or higher until the end of Q3, then BTE will be over $2.50 by then.the market reaction for oil stocks is slower than the rise in oil price, because investors are not sure that oil will stay at current price level, however BTE is going up at a lower speed than its peers, but has the potential to go up more than most of its peers percentage wise because others have gone up fast and will slow down at some point.
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