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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 riskion Jan 06, 2022 3:06pm
229 Views
Post# 34290250

RE:RE:Oil is the new tech in 2022.

RE:RE:Oil is the new tech in 2022.Exactly.  BTE could go to $30-$40 over the next two years - not because it will be worth $40 (though $10 is certainly a reasonable valuation in a $100+ oil environment), but because it gets carried away in the waves of speculation and greed.  

If the oil trade attracts the same level of interest that tech and spac did over the past 18 months, this is a real possibility.  

This is the time to hold on to your shares.  It's crazy to try to short this.  

Cobalt wrote: "Never underestimate the power of human speculation and greed. "

2007 Hedge funds and news letter writers pumped the uranium space the fomo was insane 8000% on some and right back down lol , 3D printing fomo DDD 7000% and crash , Pot stocks 3000% the list goes on Cheers


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