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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 smallcaptdron Mar 23, 2023 2:08pm
366 Views
Post# 35356800

Almost on empty..

Almost on empty..My war chest of CPG, BTE, and ATH bought in the $60+ Oil was sold over today and yesterday now you understand why I never posted that Oil was heading to $72 because I had no faith in it lasting so I avoided any post of reassurance. trouble times continue so don't kid yourself yet. Everyone knows all the cloak-and-dagger stories but yesterday when Yellen said that there's no "Blanket Protection" people will realize that their money could be at risk and if a run on smaller banks happens then $65 Oil will look expensive. A weaker USD is what was helping Oil today with Gold over $2000 indicating a world of worries. If you are on the sidelines with cash just hold on to it for now.
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