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.

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Baytex Energy Corp > What Oil needs to be bullish

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Post by smallcaptdron Dec 15, 2022 6:47pm

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Post# 35174613

What Oil needs to be bullish

These are the requirements for Oil to be bullish.

(1) A bullish global economy. Nope
(2) China and US economies expanding Nope
(3) Shortage of supply Nope
(4) Low-interest rates make money cheap Nope
(5) Oil inventories with huge draw Nope
(6) Gasoline inventories are always on fumes Nope
(7) Shortage of Oil rigs exploration Nope
(8) Everything else. Nope

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