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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 JohnnyDoeon Sep 01, 2023 6:23am
101 Views
Post# 35615353

RE:RE:RE:BTE

RE:RE:RE:BTE
dllscwbysfn wrote: What will push up oil stocks?  TIME is all that is needed. As this company buys back shares, pays back debt, gets the divy going will all lead to it's fair market value increasing. If WTI stays in this range for a year or longer the SP will very likely be quite rewarding. If you are looking for big moves on a daily basis that is unlikely to happen because of the fear of the unknown mostly delevered by the Liberal governments who hate oil.
dandu1924 wrote: Samething with almost oil canadian stock ex: CPG, ATH,  BIR etc,  something wrong about that. May be just an another delay timing. I hope so because otherwise what will push up the oil stock ( Canada ).We have a serious problem here.




Exactly. Time. We're just coming off a somewhat underwhelming quarter across the indystry between lower pricing and wildfire shut ins. 

We need 80+ for a year and it will double. 
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