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 > Sell sell sell

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Comment by Cobalton Jun 03, 2024 6:51pm

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Post# 36070190

RE:RE:RE:RE:RE:Sell sell sell

CNBC reports that OPEC will begin reducing cuts by October, with 500,000 barrels by December and 1.8 million by June 25. That suggest there is no chance of prices reaching $9 by September. Toss in a GDP that came out Nose diving.

1condor wrote: Frank007...why make such an absurd call for 9 dollars by September? There is nothing to support that target whatsoever. Even a takout of the company would come in short of 9 bucks. Just sayin'

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