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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 JohnnyDoeon Jan 24, 2024 5:26am
207 Views
Post# 35842292

RE:Geopolitics provides the floor ....

RE:Geopolitics provides the floor ....
HeavyBanana wrote: ... through the soft period as we transition to higher demand period. The year will end up being much better than all the doom and gloom in the media about oil suggests.

I think 2024 is going to be a good year for oil stocks. But don't underestimate doom and gloom narratives. All last year we heard the problem was Chinese demand. I was pretty surprised to see a week ago that Chinese demand grew 11% yoy. 
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