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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

Post by Unlucky13on May 28, 2021 10:09pm
205 Views
Post# 33291753

Good, Topdown is gone

Good, Topdown is gone Topdown lost the bet and will uphold his end of the bargain to get lost.  I am sick and tired of all the pumpers who have got carried away with outrageous predictions, Nuttal being chief amongst them.  No way this gets to $3.60 this year and $5 is just pure fantasy.

$2 may happen but if it doesn't last it won't be worth it.  There is no appetite for oil and 26 million shares are shorted and it's institutional they will
find a way to make the stock go down.

There has be demand and supply justification for $70 oil and I am not sure there is.  It's baffling how low the share price is at $67 oil.
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