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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 Jun 10, 2024 10:36am
178 Views
Post# 36080791

Dividend week

Dividend weekOil should be up this week as long as CPI data goes as expected.  WE also should see a steady drain on inventories with the summer driving season approaching over the rest of the month.  I am sure all the elections in Europe after results in EU election will impact oil and gold.  It is a very tumultuous time on our planet.  Really reminds me of the mid 1930's.  I think it is time for everyone to chill and try and have some fun otherwise something stupid might happen.  I am thinking $4.85 by end of week.  If oil goes up more, almost back to $5.  BTE needs $80 to get solidly above $5.  That is until Q2 results are out.  JMHO.  GLTA
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