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 > Down but not out !

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Comment by BayStreetWolfTOon Aug 08, 2022 2:31pm

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Post# 34879486

RE:Down but not out !

Red, I have come full circle on this and realize it just doesn't matter. We would like stable oil long-term say $70-90....

The guys like Goldman and CITI want wild swings. They make money on those wild swings which is why they push it.

If we hang out here at $90 for 5 years I will be able to help a lot of people.

At this point I don't want $125 for 2023

Just my thoughts.

red2000 wrote: Goldman out pounding #oil table again Clint Eastwood style. The good, bad, and ugly. The ugly? Higher retail prices have not curbed demand enough. Demand destruction has yet to arrive, higher prices are still coming.

GL Longs !