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.

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Baytex Energy Corp > Does COVID-19 Bother You?

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Comment by BayStreetWolfTOon Dec 28, 2021 9:53pm

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Post# 34266487

RE:Does COVID-19 Bother You?

No, just noise...worrying shorts and bears right now though

Tommy007 wrote:
The short-term investors action based on short term trend and noises (e.g., the recent US SPR release). The risk is also relatively high and is similar to making bet in a casino. Whereas long-term investors mostly interest on the fundamentals and outlook of a target company together with the macro trend that would impact your investment. Technical investors would usually evaluate the influence of a negative event whether it is a short-term or not. If it is, this could be an investment opportunity. It would be even great when panic sales of stock occur. This is the time when you find reserved fund is useful. Rearrangement of investment could be made accordingly.

Do you think COVID-19 cannot be conquered? Will the economic activities come back in 2022? Now it could be the chance to act. Good luck.