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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 masfortunaon Aug 22, 2022 2:46pm
203 Views
Post# 34912049

Why?

Why?Why do we have so many posts from new posters on a daily basis explaining to everybody here that have been posting for years why we should be selling asap. Oil is very volatile.  We already know this. This "sky is falling" only works on amateurs. My thesis is we see oil at $100 again shortly and at this point nothing seems to discredit this thesis INCLUDING the Iranian barrels and the possible recession NEXT YEAR. Hold on to your shares or go buy something else and probably lose some cash (look at the other sectors today as an fyi).
Mas
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