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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 1234bmthon Apr 15, 2024 6:27pm
183 Views
Post# 35990512

RE:100$ wti won’t happened

RE:100$ wti won’t happened Oil companies don't need $100 oil to be profitable and SP appreciation, a sustainable $80+ oil is a bonus for oil companies including BTE, but now the fear of war is keeping stocks down, look at gold and copper prices vs gold and copper stocks, most stocks are down, for me it looks that the market prefers $80 oil no war rather than $100+ oil with war, in this tense geographical situation most people keep cash, that's why stocks are down.
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