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.

TSX:BTE - Post by User

Baytex Energy Corp

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Post by BayStreetWolfTOon May 12, 2022 12:41am

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Post# 34676629

What a great headline!

EV keeps pushing the narrative that it's making a dent. Reality...not even close to touching ICE gas vehicles entering their cycle.

Headline
"Sales of ElectricVehicles in the US Increased 60% in the First Quarter of 2022"

Reality
Let us translate this 60% into numbers: less than 20,000 EVs per month.

Now get this: Total new-vehicle sales for April 2022, were about 1.2 million!

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How one company is disrupting PoC testing