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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 Unlucky13on Nov 18, 2021 11:34am
106 Views
Post# 34141027

RE:WTI

RE:WTIAlso, Biden wants to have 50 percent of new cars electric by 2030 and Lithium is in great demand.  The writing is on the wall, by 2050 most countries want to be carbon neutral which means fossil fuels are being phased out.  The USA is ramping up production and green energy is the future and coal and oil are dinosaurs.  All the easy money has been made here and it's going to be a struggle to get to $5.  $2.75 seems more plausible now than $5.  So much for that oil is down but is down less theory, today oil is up and BTE is down.
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