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 > Anyone know why...

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Comment by BayStreetWolfTOon Aug 04, 2022 10:46am

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Post# 34870994

RE:RE:Anyone know why...

Scienceguy, I agree you need to determine your metrics. Since you mentioned CJ yes right now they are in good shape but you need to understand the downside in all names

For instance CJ is looking good now but with a drop to $70 not my first pick.If you are confident $90+ it is a good hold

This chart helps detail the downside risk in $70 oil

Again is confident oil will be $90+ it could change your views

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