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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 Cobalton Oct 15, 2023 1:45pm
159 Views
Post# 35684403

RE:RE:RE:RE:RE:RE:RE:More 12 months target for Baytex and others CDN stock

RE:RE:RE:RE:RE:RE:RE:More 12 months target for Baytex and others CDN stock"And future interest rates will depend on the rate of inflation"

I wish that was true as inflation is dropping fast, next to roll over is Rent, Zillow has that real time data.

Market is on edge about 33 trillion debt and trillions more coming with very few buyers left, China nope selling, Japan nope Fed nope the last few buyers want higher rates to take on that paper. This week we had what you could almost call a failed 30 year to market and rates took off stocks sold off big time.

Bond viduanties are sniffing around again, some day all this debt will rip rates higher when nobody knows.

Fun times getting a portfolio in mind/ready for when rates head to 13% ;) 



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