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.

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Baytex Energy Corp > But weakness Sell strength Repeat

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Comment by dllscwbysfnon Oct 30, 2023 12:11pm

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Post# 35707384

RE:RE:RE:But weakness Sell strength Repeat

Fair enough, except that at any given moment the ME could turn into an oil nightmare. As for the doubling of oil from fracking does not mean that oil production will double it just means that they have the ability to do so. Oil companies have learned that increasing supply shockingly lowers the price, lol.There was never a shortage of oil just disipline. Pretty sure GDP was very strong in the USA last quarter so I wouldn't be to worried about this recession that they have been yapping about for 1-2 years. All that being said "who the F knows"

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