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 > JD, Red, Td et al...great graph

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Comment by BayStreetWolfTOon May 04, 2022 9:31pm

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Post# 34657308

RE:RE:RE:RE:JD, Red, Td et al...great graph

JD, that is the million dollar question but your on the right track.

Even if O&G companies decided they wanted to go full growth the issue of equipment scarcity isn't going away. So you would have to ramp services companies (equipment and labour)

I would estimate a 5-7 year oil bull market in a normal scenario but this is not a normal cycle. So my personal belief is it tacks on a couple more years.

So if I say 7-9 years we have maybe completed the first.

But who knows....2nd inning maybe just my gut feel

Too many variables imo