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 > Looking to buy some Baytex but few questions

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Comment by Cobalton Dec 10, 2023 1:57pm

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Post# 35776940

RE:Looking to buy some Baytex but few questions

Marty47 wrote: Just following the price down lately I may looking get some of those Baytex puppies , so I'm looking for some extra tips
1- would it be better wait until the 27 dec to buy so the tax loss is over
2 - does oil normally go low at the end of December
3- if the Saudi flood the market I understand they will cut dividend for sure and old buy back to pay the bills and shut canadien heavy oil to focus on light oil production in USA but how long they can last at 50$ oil

BTE has been a dog of the sector i dont expect that to change where as MEG and ATH have been the strength of the sector i dont expect that to change, as to oil here.