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 > Snow and Cobalt

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Post by masfortunaon Aug 02, 2023 10:35pm

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Post# 35570341

Snow and Cobalt

To answer your questions on whether this is the top or the bottom, here is what some are saying that are "in the business":

Some, like Energy Aspects’ Amrita Sen, have forecast that Brent could hit $100 before the year’s end thanks not just to cuts but the shrinking inventories as well. That was a month ago. Now, Reuters is also reporting that global oil inventories are in decline. It would take a negative GDP growth reading for the U.S. or China to stop this rally.

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