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 > WCS @ USD 55+/Bbl., BTE Becomes A GOLD MINE !!!

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Comment by BayStreetWolfTOon Jun 04, 2021 10:47am

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Post# 33329415

RE:RE:RE:WCS @ USD 55+/Bbl., BTE Becomes A GOLD MINE !!!

Good morning Eigen337, good information.

Certainly favorable pricing is a positive to IMO. What are your thoughts on the comments from the Chevron CEO?

"Chevron Corp. would consider selling its 20 per cent stake in a Canadian oil sands mine as its faces investor pressure to do more to curb emissions and fight climate change."

Good opportunity for another to capitalize on the weakness created by "tackling emissions "

Of course not a small cap thing but we see this trend by large cap to sacrifice good plays for ESG (Which I'm not sure anyone really gets credit for)

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