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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 88guy88on Jul 05, 2022 11:13am
191 Views
Post# 34801898

Price of oil around $101

Price of oil around $101Citi says it could go to $45 with recession...JP Morgan says higher with demand...another says $65...another commenter said if Russia cuts production in a major way oil could go to over $380

Guess what....they all have no f#cking idea....they are just guessing like you and I...LOL

Eric Nuttal says production is at decade lows and even with recession reducing some demand the price is still going higher and company's like Baytex trading at record low multiples will pay down debt and repurchase shares......Eric probably has the most cred and he is putting his and his family members money where his mouth is as they all own Baytex!
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