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 > U.S. Economic Officials Says Biden Considering Oil & Tax Win

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Comment by dllscwbysfnon Jun 02, 2022 6:50pm

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Post# 34727995

RE:RE:RE:U.S. Economic Officials Says Biden Considering Oil & Tax Win

This stock easily doubles in the next year as long as 3 things happen.
1 WTI stay over 100
2 The government somehow manages to not put the counrty into a major recession/depression
3 The government does not start a windfall tax on oil companies.

I am long but I am getting nervous because of points 2 and 3

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