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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 marketsenseon May 25, 2023 12:31am
321 Views
Post# 35463076

Timing

TimingIf it wasn't for the Dem and GOP playing the blame game oil stocks would be 
flying with the latest draw numbers.  They will come to an agreement and when
they do it will be too late to buy.

You need to be positioned before this happens because of how suppressed the 
market is right now.  The money is going to flow so fast into commodities and
particularly the oils that it will be impossible to buy after the news is out.  Those
that are too cautious or risk adverse will be left out until the biggest moves have
been made IMO.  We've seen this before and it will happen again.
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