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 > Best Guess: Oil Equities downtrend then reverse in november

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Comment by BayStreetWolfTOon Aug 03, 2022 2:01pm

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Post# 34868815

RE:RE:RE:Best Guess: Oil Equities downtrend then reverse in november

Yes not sure where we land next few months....but my bet is completely different to where we are in December. Europe is in trouble regardless recession or not....and we will see even more gas to oil switch this winter.

Snowballer wrote: Well we are August now... so I suppose my guess would have it shift a few months to bottom end of October instead of now in August. But who knows! I think recession fears - blah blah blah - chew up the next number of weeks. But at some point that fundamental picture will snap back into place. Probably as Germany and the world declares an official energy emergency

BayStreetWolfTO wrote: This would seem to go against the 20 year historical seasonality chart though I guess.

Snowballer wrote: If true, ride the bounces!