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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 masfortunaon Aug 13, 2023 12:17pm
315 Views
Post# 35585978

It'll be tough for oil to rally much from here: Robert Yawge

It'll be tough for oil to rally much from here: Robert YawgeThis video is from about 1 month ago when oil was at $69 on that day. All these "experts" seem to think they know more than they really do.  I remember everybody and their grandmothers making Algonquin Power one of their top picks on Market Call. 12 months later it's down 60%...And let me add Aritzia on that wonderful top pick call from a lot of guests on the show.  It was trading in the high $40s and is also down over 50%. I can give many other examples of what the "experts" suggeted you buy (can anybody say Argonaut Gold?), but the bottom line is that the analysts seem to know less than the average investor based on their picks.
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