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.

TSX:BTE - Post by User

Baytex Energy Corp > Consequences

<< Previous

Bullboard Posts

Next >>

Comment by Hightowntraderon Oct 04, 2022 9:22pm

198 Views

Post# 35005689

RE:RE:RE:Consequences

If they announce they are only cutting quotas, we are back to last weeks prices in a day or two. It would be totally useless on their part, and we would have to wait another month for OPEC's next power move. Last months 100,000 wasn't worth the breath expelled to say it.

Personally, I like the 1 million story. When I started hearing 1.5 to 2 per day I got a great big sh it eating grin on my face and started rubbing my hands together, but quickly realized it wouldnt be good long term.

When you're not short, these are exciting times...

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading