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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 BayStreetWolfTOon Nov 30, 2021 9:41pm
92 Views
Post# 34183226

RE:RE:RE:RE:Interesting Close For Bte

RE:RE:RE:RE:Interesting Close For BteI would LOVE to see Line 5 shut down for a few weeks.

Whitmer would pull a Horgan and start begging for the line to be turned back on.

That would be a great Christmas present but unfortunately it won't happen.

It would be funny though 

topdown99 wrote: It is extremely frustrating red2000 unless you are expecting it , the l-idiots (liberal idiots) in Ottawa have given carte blanche to Bay St to destroy western Canadian O&G whenever they get the chance . Trudope flies to COP25 when a zoom call would have been more sincere if he was really worried about this bogus CO2 smokescreen . In fact , how many "finger waggers" flew to COP directly contradicting the very arguement they're trying to push . 

The reality (however distastefull to some) is O&G is and will be required for decades to come although I would love to see line 5 shutdown even for a week to illustrate this point to Ontario . Not that I am a fan or even watch his show but even Jim Kramer bought an oil stock (Chevron) today and made it public knowledge . Six months ago Kramer wouldn't even say the word OIL , now he's a buyer . 

Point is , O&G is one of the few undervalued good news stories , the algo's will play their games but FCF and profits will trump snowflake sensitivities . Personally , I was a buyer today , this hysteria makes no sense (cents) but those who see through the smoke aren't worried . These are the days that make you money (if you were prepared) 


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