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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 Cobalton Oct 03, 2024 8:52pm
88 Views
Post# 36252620

RE:RE:RE:RE:RE:RE:RE:VERY INTERESTING Video (11m10s) On Iranian GHADR BM

RE:RE:RE:RE:RE:RE:RE:VERY INTERESTING Video (11m10s) On Iranian GHADR BMBut Iran has already hit Israel, and now it's Israel's turn. So you think Iran will now just take what is coming their way?

riski wrote: This was badly written. What I meant to say is that Iran is loathe to hand Trump the white house by deepening their dispute with Israel. Increased attacks would cause the price of oil to skyrocket making gas prices increase in USA which makes uninformed American voters think that the current government is mismanaging the economy and needs to go. Iran wants to avoid this. They are walking a fine line to support a democratic win in November while at the same time not hanging their Arab allies out to dry. 



riski wrote: This is what I was thinking until the last few days, but I think you are right. Iran is loathe to hand Trump the white house for 4 years because oil prices skyrocket. 

I don't think this is ground breaking though. All of retail and institution are sitting on the sidelines until after the election to jump into energy and watching this rally nervously with FOMO creeping in. If the rally takes off, they will all pile on.

I do think big players are going to front run the "sidelines until the election" trade and jump in before days or maybe even a couple weeks before election day igniting a rally unrelated to the middle east conflict. Retail will be late as usual.

Energy is a true bargain right now. Everyone on the sidelines knows it and wants it to stay that way until November. 

Maxmoe wrote: One month until the election. No matter the victor, the skies over, and seas surrounding,  Iran will change dramatically. Nothing until after the election unless provoked. Crawl into your bunker, put on the noise canceling headphones, it's going to get unpleasant. 






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