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.

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Post by liljohnnyjokeon Nov 12, 2024 9:49am

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Post# 36308089

Barchart article

https://www.barchart.com/story/news/29530221/has-the-trump-trade-killed-king-gold

from lower down in the article

Once the next US inauguration occurs, look for OPEC+ to announce the end of production cuts.
- Likely coinciding with the second official act of the new administration to lift sanctions against Russia.
Recall the president-elect is a fan of a weak dollar and low, if not negative, interest rates. This could make it difficult for the US dollar index to maintain its recent strength.
Additionally, it would not be surprising to see China make a move toward taking Taiwan over the coming months.
- This could collapse the Nasdaq ($NASX), which would then be expected to pull down the S&P 500 Index (($INX).