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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 Dec 31, 2023 12:08pm
162 Views
Post# 35805660

RE:RE:The houthis need better missiles

RE:RE:The houthis need better missiles So what's that mean for the oil price? You can game it out anyway that you want. Will these continued attacks on global shipping force more shippers around Africa to get to Europe? Will the 40% higher costs drive inflation in Europe through the roof? And how does the economy react? Demand destruction causing a Euro wide recession? And how far would that spread? Will demand for hydrocarbons decrease? I'm humble enough to admit that I can't game this shyte out. So best play? Play is safe with a company with low debt and low break even costs. Screw your divvys and share buy backs. 
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