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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 ResearchSeekeron Jun 24, 2022 2:37pm
433 Views
Post# 34781003

Reaffirming WTIC Oil Price After Tri-Expiration

Reaffirming WTIC Oil Price After Tri-Expiration

Longs,

Just a lunch hour snippet to enjoy.


Based on what happened after March, I think we will see oil return to the center of the recent highs and lows of:

 

$123.68 June 14th, 2022

$101.53 June 22nd, 2022

 

$112.61 is my near term price prediction for WTIC Crude is US Dollars. We are trending there as I write this.

 

Remember to use the BayStreetWolfTO daily ignore list. The board is full of pollution at this time.

 

A reminder that we will see buyback data again in early July. Bashers are not going to like this. This is our first full month of stats.

 

If we were to have a board contest of who can predict how many shares were bought back for June, I will put my number in at 5.3 Million shares. I will go out and forecast someone here will guess this within 100,000 shares. It’s just a hunch.

 

RS


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