Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 13, 2023 3:01pm
359 Views
Post# 35335562

What a predicament....

What a predicament....Not seeing Oil being very bullish unless Inflation hits 5.6% tomorrow at 8:30am because right now the toothpaste is out of the tube when it comes to banking fears and even the US saying that your money is safe won't keep people from wondering when the next bank will report concerns that would add fear back into the market as everyone would make withdraws and there's no worst situation to being in than having a run on the banks like the Great Depression which followed the market crash of 1929 so the US is not being looked at as being solid with Gold up $44 plus giving the banks assurance also opens the door for the FED to raise rates without further bank meltdown. Tomorrow could push this under $73 and stay there unless something changes while a lot of investors wait on the sidelines keeping the powder dry. No denying that Oil is in a serious downtrend questioning if the US can turn this around.
<< Previous
Bullboard Posts
Next >>