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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 BayStreetWolfTOon Apr 10, 2022 10:48pm
306 Views
Post# 34592625

My thoughts on the 2030/2035 discussion

My thoughts on the 2030/2035 discussion To be honest for now this discussion doesn't matter to me and it is just noise.

While some of us will be lucky to reach these years..it seems we still have many years to go with an energy supply crisis.

2030, 2035 etc  unfortunately it won't help in the short, mid or long term and I say 8 years is long-term x2 depending on your age.

For now we enjoy the ride, let the big guys determine what is over/undervalued as they adjust their ratios/allocations and let the algos take all these companies where they will.

One thought I do have is that if globalization created efficient economies of scale, reversing globalization (or so it seems) will create greater inefficiency...which always increases energy consumption. 

Hope everyone enjoyed the weekend 


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