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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
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

Baytex Energy Corp
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Post by Playacaron May 10, 2024 5:03pm
287 Views
Post# 36034515

Crazy panic in the Canadian oil market

Crazy panic in the Canadian oil marketThis is ffffffff crazy what is going on with the Canadian oil and gas stocks. Just look what happened today.  Total panic. Yet my two major oil stocks in the USA are up today.  Both trade above 15 times earning and yet in Canada most of my oil stocks don't trade above 7 times earning. Can anyone explain this stupidity 
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