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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 smallcaptdron Sep 07, 2022 7:13pm
164 Views
Post# 34948201

Another market crash looms

Another market crash loomsHere we go again if any of you remember when the Derivatives market crashed well I was just reading this and it could be a huge problem. I've posted more than once about the crises that Europe is in and if you understand the amount of money in their markets that have come from the US this has a great chance of "Imploding" is the word that I have been using. We have Russia cutting off NG to Germany and as you recall WW2 Germany and Russia had bad blood between them to start with and the last nail in the coffin would be a market crash over there on top of the Energy crises that could see the US, Britain, Canada, and Germany teaming up against Russia and this crisis will escalate as we get closer to the winter when we'll see families fighting just to keep warm because of Russia it's already shutting down the business and could affect hospitals, nursing homes and the elderly who are living on their own with fixed incomes because on top of those crises they're also fighting inflation. I have been saying for months that Sept-Nov could see a whirlwind of trouble for our markets and the global markets. I'm used to being bashed but somehow these concerns of mine do materialize. Just play it smart.  


“Lehman Event” Looms For Europe As Energy Companies Face $1.5T In Margin Calls

“Lehman Event” Looms For Europe As Energy Companies Face $1.5T In Margin Calls | OilPrice.com

10 stock market crashes from history, explained – Chicago Tribune
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