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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 theSquireon Mar 27, 2024 2:53pm
271 Views
Post# 35956207

Can we get back above $5 in April?

Can we get back above $5 in April?wow,  lot of discussion in his chat room, all about the Big bankers manipulating oil prices. Bes to focus on fundamentals  if you can sort them from the chafe, and BTE seem to be on track to mee their raised 2024 production level. If crude prices and WCS can remain north of $70 they should bear fruit to those of us holding stock. I expect continued price volatility in the sector, but as interest rates begin to lower in the second half of the year, leveraged companies like BTE will bode well. 
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