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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 GambinoBon Nov 23, 2022 2:31pm
139 Views
Post# 35122858

Strange that overseas traded oil

Strange that overseas traded oilAre they allowed to do that? Who is trading at 3:45am. I was sleeping at that time.

Thankfully i guess the US is keeping things stable they seem to always trade things up or down which is strange as this is a market. It doesnt make sense that things fluctuate does it?

I mean this could be a normal trading day versus a rumour day. I think we have seen less normal trading days in 2022 than rumour days. Normally markets dont trade rumours so this is strange also. Seems like we are on the ground floor of a casino

Seems always people placing bets. Now those bets could be good or bad we dont know depends on if things go up if you bet up or down if you bet down i guess does anyone bet flat? That would be a strange bet.

Someone needs to explain better why the oil price changes month to month. I think like the gas stations they should set a price for the year.

Maybe people are thinking about interest rates, maybe people are thinking about unemployment or maybe people are thinking about whether they want both ketchup and mustard on their hot dogs tonight for dinner, everything is possible.

I personally just ignore company revenue, this seems to be the best strategy. 

One thing i do stress about more than oil is the level of toilet paper in the dispenser when out. Anyone else ever get caught?

Well i guess mustard it is.

 

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