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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 riskion Jan 06, 2022 12:49pm
282 Views
Post# 34289597

Oil is the new tech in 2022.

Oil is the new tech in 2022.Watch the lemmings come in droves.  These CAD O&G stocks are STILL undervalued despite the 14 bagger for BTE and others.  If the trade becomes crowded by all the extra money government money floating around and tech profits over the past two years, these stocks could hit unimaginable levels.  

Never underestimate the power of human speculation and greed.  

Only 18 months ago we went days without a post on this board.  Now we have dozens.  I think we will get to a point this year where we may have hundreds.  

Anyone would be crazy to sell at this juncture with the stock still priced in the deep value range.  
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