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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

Comment by Kelvinon Aug 30, 2023 9:57pm
118 Views
Post# 35613098

RE:RE:RE:RE:RE:RE:RE:RE:The flip side

RE:RE:RE:RE:RE:RE:RE:RE:The flip sideLmao CountryBoy, I heard a parody song in Alberta "You picked a fine time to leave me loose wheel". Now I'm sure that one could spin that as a metaphor for the loose cannon in Ottawa in many different ways. Lol.

I got something weird going on in my head. Everytime I look at level 2 bid-ask depth, ACDC starts playing in my head "It's a long way to the top if you want to rock and roll." But the slope is getting less steep though. But yeah they're really putting up the walls to suppress this sp. At some point it has gotta break out. I'm trying to figure out what that point may be. Once the institutional investors have loaded up with enough retail invedtors shares maybe?

But I reckon that the sure fire break out point will be iwhen natural gas and natural gas liquids start shooting up. I'm trying to figure out what needs to happen or not happen for natural gas demand to shoot up. I got an inkling that it may be related to increased demand for electricity and the realization finally that renewables are an expensive, unreliable, polluting scam as are the politicians who support them. 
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