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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 kegmanon Apr 30, 2024 9:45am
206 Views
Post# 36014508

It does really look like someone in the west

It does really look like someone in the westis doing their best to hammer down any oil increase.  What a mess we are in globally.  Ukraine, Red Sea, M.E., South China Sea and in the US....the crazies are storming university buildings in order to save the world?  Perhaps just the anarchists running amok?  Social Media foreign backed dark influencers ?  US dollar should be tanking with the deficit yet it is not.  Bottomline with all these factors Gold is down large and Oil, which was up quite a bit last night, tumbles after 9AM.  Down .55 as I type.  Fox Mulder is needed.  BTE still has best growth potential is SP % that I see amonst all the mid Cdn plays.    Big gains may not occur until 2nd quarter finishes unless EN gets the overhang taken care of.  He certainly hinted at that on BNN.  REgardless, oil over $80 until June 30th and 2nd quarter results will be amazing.  $85 and it gets silly.  GLTA.  Core shares are being held.  Trading at these volumes is rather easy.  
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