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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 sergio2goon May 31, 2021 10:11pm
397 Views
Post# 33301113

2.25... no if but when.

2.25... no if but when.The current price for oil is 67.50. Today's performance of Baytex indicate that this stock and the energy sector, going againts the grain, will crush shorts sellers. The momentum can't be denied because most producers need to lowered their debts and will not increase their CAPEX. Opec+ is well awared of this situation and will not force the issu and neither will RUSSA. Both needs revenus and will take advantage of the situation.   
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