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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 jmaanon Sep 07, 2024 11:47am
143 Views
Post# 36213121

$50 barrel profit..

$50 barrel profit..Pretty sure not many oil outfits will be making any kind of a profit at let's say oil wti hits $50 so I'd think they all just shut it down wait for surplus to evaporate possibly then price go's up! All just wild guess! Who knows....baytex don't make no money at those prices! Maybe the big majors do but sure they would slow things down too! Opec  here in north America were all in a pickle at the moment! China no way coming back anytime soon! India new china but still to much oil getting produced! Some believe baytex will do fine I don't know! There dept is  scary! They were in this position and Bankruptcy was been throwen around! Some keep saying it's now a different baytex now especially eric nuttell ! Any thoughts on baytex getting back above  $5.55 at least.. 
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