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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 Moemoney42on Aug 30, 2022 11:10am
211 Views
Post# 34929595

RE:Waiting for the numbers

RE:Waiting for the numbers Although we're seeing a sector wide sell off today, its just a knee jerk reaction to headlines again.. there's still huge profits for the O&G sector at these levels, and the stocks in Canada have yet to reflect today's pull back in prices, let alone higher prices.. many companies are not fully capturing these high prices due to old hedges that are lower and once they roll off, the new hedges being put on are at much higher rates than the ones dropping off.. energy is one commodity that you can't live without.. PERIOD..! 
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