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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

Post by Realdudeon Dec 03, 2023 1:50pm
335 Views
Post# 35765955

Excuses Excuses.

Excuses Excuses.I can't believe we have this idea that bots are controlling oil price to the downside. If that's true, and that's a big if, then why can't these bots push oil price to the upside??? No more excuses please. Oil is off its highs these last few months because these shale fools are pumping like crazy. The middle eastern producers get this except the Saudis. But if the Saudis get pissed and they will, watch out because they will flood the world with oil, again. Then you can say the bots will have a field day shorting oil. It's coming, don't say you were not warned. Hope I'm wrong this coming week and month. Long bte and wcp but watching closely to exit and come in cheaper. 
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