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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

Comment by HighOctane89on Aug 10, 2022 12:41am
98 Views
Post# 34883700

RE:RE:RE:RE:RE:Warren Buffett's Berkshire Hathaway boosts stake

RE:RE:RE:RE:RE:Warren Buffett's Berkshire Hathaway boosts stakeWhy am I talking about jobs ? Good question .....

Why am I wasting my time talking to you ? Better question .....

Cobalt wrote: Why you going on about jobs? every sector is short staffed we need skilled immigrants fast, 24 months from now if the polls show a GOP sweep this sector will be an epic short , Sentiment moves markets these days.

HighOctane89 wrote:
Cobalt wrote: "I can't wait for November and our solution to the problem" careful what you wish for,cant we keep the war on oil and stimys on EV / copper that sounds real nice to me.


For starters Cobalt , the election results on their own won't move the needle but think of this ......
Example , Keystone XL would provide how many construction jobs ? How many steel mill/fabrication jobs would that create ? How many more drill rigs , truck drivers and support staff would be employed ? How much increased income taxes , royalties and lease sale revenues would that generate ?

The economy is handicapped without cheap abundant energy , affordable products keep activity and demand high . Access to international markets would expand vendor options and aid democracy's all over the world . Canada's biggest problem has always been having only one customer (USA) , TMX will help but KeystoneXL and EnergyEast would have made Canada a powerhouse . Instead we are turning into a welfare state that can't stand on its own 2 feet . 




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