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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 Jan 22, 2024 10:16pm
382 Views
Post# 35840122

Trump Win?

Trump Win?I'm hearing rumblings about negative consequences of a Trump win one year from now. Perhaps. Here's my 2 cents. If Trump wins he is gonna slam Iran so freaking hard and rightfully so. That will promptly take 2-3 million barrels out and they won't be replaced by US shale or Saudis right away creating a deficit. So go MAGA. Also any surplus being created for whatever reason this year will reverse in favor of a deficit. Of course i know there are a lot of other variables in oil market, but I am just making some general and hopefully bullish comments for oil over the next 12-18 months.
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