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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 masfortunaon Jul 06, 2021 11:56am
188 Views
Post# 33499092

Hey Bay!

Hey Bay!Thx for all your posts.  I agree that longterm we "MIGHT" have an oil supply crunch.  The problem is that "MIGHT" is not a sure thing.  We are down 5.5% today and oil is down to $73.  Those are not  numbers that seem to intimate higher sp value for BTE in the near term. Just saying that you have posted 10 of the last 12 posts here and that's great if you are trying to sway opinions, but you are preaching to the choir.  Maybe giving a reason why the futures would be trading lower AFTER the opec + canvellation would be a more interesting read.
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