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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 Relaxrelaxon Apr 29, 2022 2:03pm
181 Views
Post# 34643114

Has the bull case for oil changed?

Has the bull case for oil changed?No.  So unless you're a day trader, there's nothing to worry about.  EU energy sanctions most likely coming next week.  China still hasn't reopened.  1 new rig added in the US lol.  Summer travel should break all records.  And as for BTE, are you kidding me!  Production rising!  Clearwater is a gem!  Debt being reduced!  10% share buyback!  This will be back around $30.....not sure when but it will be.  This is a bull cycle for oil.....don't get distracted by daily fluctuations my friends.  Have a great weekend!
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