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 > BTE play

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Comment by 1234bmthon Jun 11, 2024 1:28pm

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Post# 36083100

RE:RE:RE:RE:RE:RE:BTE play

The main question is what will be the SP by the Q2 report? BTE is performing very weak, I hope US inflation data is favourable tomorrow, if not this can drop to $4.20 to $4.30 range easily and even with a good Q2 report it may get back to the current price or at best $5, just hope for tomorrow's favourable inflation and US Fed rate decision. Otherwise it will be ugly for the entire market, but BTE will be one of the worsts among oil stocks.

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