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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

Comment by masfortunaon Sep 25, 2021 5:39pm
221 Views
Post# 33919722

RE:RE:RE:RE:RE:RE:Does anyone have a concern about

RE:RE:RE:RE:RE:RE:Does anyone have a concern aboutNp Snowy.  Here is my better:
When you post that you think that in the future you believe the market will correct and therefore you are asking the board if we should start making preparations for it, it is the equivalent of stating that you think in the future "it will rain" and asking a stranger if you should buy an unbrella. There is no answer to your question because you didn't pose a valid question.

On the other hand, if you are asking whether we think A) will Evergrande cause a market correction that will impact the sp of BTE in particular and oil in general (for example), then somebody on this board will definitely try and provide you with a valid opinion.

The only advice I can give you based on your post is that if you are very worried and you truly believe that oil is in trouble, then you should sell.  It wasn't meant as a silly comment. Just concise...
Mas

FYI- I am thinking the indicators are showing the opposite.  Oil may correct ever so slightly in the near term, but will come back with a vengeance... 
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