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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

Comment by JrOGInvestoron Jul 25, 2024 6:41pm
281 Views
Post# 36148958

RE:This will be ugly tomorrow

RE:This will be ugly tomorrow It's already been ugly. They need oil to be range bound between 75 and 85 for them to sort their scat out. They still book over 10 million a day at 75 dollar WTI, it can't stay messed up forever. Lemmings already think the sky is falling when oil falls below 80, not to mention 'when the algorithm that tells people that can't think for them selves runs afoul' (and I say this as inventories continue to be at record lows and reporting draws consistently across the board the last 4 weeks(maybe three for sure). Dems have an agenda, GOP has an agenda. Greens have an agenda and its 'good ol crude and LNG that take it on the chin while funding a sizeable chunk of energy initiatives. Welcome to one of the most volatile investment sectors.
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