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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 AnalystGrimeson Nov 30, 2021 10:36pm
323 Views
Post# 34183371

Baytex Energy to be listed on TSX Index December

Baytex Energy to be listed on TSX Index December

Thank you for someone noticing my spellcheck wasn't working on the first post of the night on the title. My prediction with the new presentation coming out for Baytex tomorrow, OPEC Bullish meeting, inflation, supply and demand factor is that we should see Baytex hit 7.00 in a very reasonable timeframe. Feel very good with the oil markets and believe if you can weather the noise you will do very well on this one. One has to remember the omicron was first founded November of 2020. It's obvious Biden and Facci want everyone vaccinated including kids. If you can see past this part that demand is increasing with international flights and record amount of vehicular traffic on the roads. We have Chinese New Year upcoming which is the most travelled holiday in the world for jet fuel. Big things are coming and the only place to make money is the oil, mining and bank stocks when hedging against inflation. I always like to say would you buy a house for 1 million for it to be worth 1.1 in five years  or buy a home for 100,000 and it be worth 1.3 in two years? That's oil stocks discount for you! Glta! 


https://www.google.ca/amp/s/financialpost.com/commodities/energy/oil-gas/eight-oil-companies-set-to-storm-back-into-main-tsx-index-in-long-awaited-energy-resurgence/wcm/70a4fe71-74a4-44ad-952d-2bcca93b60c7/amp/

 

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