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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 Nov 09, 2023 9:59am
178 Views
Post# 35725869

RE:Oil price.com …

RE:Oil price.com …Well Frank, You got me jumping down the rabbit hole with your comment. Who owns Oilprice. James Stafford now portfolio manager with Merrill division of Bank of America but as per footnotes is also associated with other private equity companies of the sort that you mentioned. I ain't got time to unravel all of the various connections in this complex network of pools of capital (private equity) and sources of info, opinions and analysis like oil price but I do know that if you can conttol people's reptilian impulses of fear and greed, then you can have a powerful influence on sp movements. Right now, they're playing the fear card that oil demand is weakening. What's next? Fear card that Iran will shut down Straits of Hormuz driving oil prices up? They make money either way, on the drop and the increase. All they need is volatility which they create with their stories. Great post Frank. Anyway there's this: https://www.finnotes.org/people/james-stafford
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