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 > Back to the $1.30s!

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Comment by Brizzleon Mar 17, 2021 2:03am

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Post# 32814346

RE:RE:Back to the $1.30s!

I agree 100%. I loaded up more today. Fact is that this company has weathered the worst oil price storm in modern history. If BTE didn't go belly up last year, which I thought was a real possibility, then why would it now? I would say there's a 50/50 chance we lose 20% of recent gains in the next few weeks. But an equal chance we quickly go up again. By Q3 we are conservatively at $2 or more. And from there who knows?

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@ the Bell: TSX advances to start off Christmas trading week