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 > So how will the market take BTE's forward hedging book?

<< Previous

Bullboard Posts

Next >>

Comment by BayStreetWolfTOon Nov 03, 2021 12:37pm

107 Views

Post# 34082680

RE:RE:So how will the market take BTE's forward hedging book?

Yes market assuming OPEC may increase....BUT

I don't feel OPEC should budge Biden created the issue

Pipelines, Drilling on fed land

ESG and Eco woke support and COPOUT26

OPEC+ in full control...PLUS EIA AND API helped us by showing a build (although most people don't get that we should be building LOL)

Snowballer wrote: Mexico locking in its oil revenue for next year through its usual famous hedge book. Also Biden pretty much threatened OPEC+ last night

Snowballer wrote: I'm fine with the incremental hedges over time as the oil price rises as BTE is coming out of a debt cycle. only makes sense.

But market might be annoyed lol