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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.


TSX:BTE - Post by User

Baytex Energy Corp > Some news may have leaked?
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Comment by Nextlegupon Oct 19, 2023 2:15pm
333 Views
Post# 35691352

RE:Some news may have leaked?

RE:Some news may have leaked?I doubt it...

I'm guessing a couple things....

Investors and fund manager who haven't given energy a second thought are now slowly warming up to O&G now that they're noticing the cost to fill their tanks has changed dramatically....Secondly, investors are positioning in anticipation of some pretty Rosey Q3 numbers that are going to be released on Nov 3.

I think we should see some relatively strong O&G share prices over the next couple of weeks in spite of the fluctuationals in crude...
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