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 > NYSE CURSE

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Comment by dllscwbysfnon Feb 26, 2023 1:52pm

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Post# 35305907

RE:RE:NYSE CURSE

For me it is nothing more that the price of WTI. At 75$ BTE is ok and likely would stay in this range and slowly creep up. However as soon as WTI starts sliding below 75 then investors get nervous and get out.If WTI drops into the 60's the sp probably drops into the low 4's. On the other hand if WTI were to get up to 85 plus and stayed there awhile then the sp would get rewarded.
Just my thoughts that everything else is overated and the single by far biggest factor for all oil companies is the price of WTI

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