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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 Kelvinon Oct 07, 2024 10:01am
111 Views
Post# 36255915

RE:Oilstocks has more room to run as Mideast tensions escalate:

RE:Oilstocks has more room to run as Mideast tensions escalate:Yeah, in chess you learn that there's always a best move in a given set of circumstances. Same as in life. So somehow Netanyahu figures that his best move is killing over 40,000 innocent civilizians, injuring tens of thousands of others and creating millions of refugees living in refugee camps. Future haters of Israel for generations to come. The only way for Israel to mitigate their threat is through force. Some sort of cooperative two-state solution is not what Netanyahu wants because he will not negociate with "terrorists". Who is terrorizing whom?

Iran figures that its best move is the annialtion of the state of Israel either directly or indirectly through its proxies (Hamas, Hezbollah, Houthis). 

So we know where this is going. How are oil prices not gonna go up if things keep on escalating? 
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