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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Baytex Energy Corp > Data centers are eating the grid alive:

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Comment by Cobalton Dec 23, 2024 10:44am

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Post# 36375015

RE:RE:RE:Data centers are eating the grid alive:

A team of Chinese researchers has developed a laser neuron chip that operates a billion times faster than traditional nerve cells. This technology has the potential to significantly accelerate the advancement of artificial intelligence.

Cobalt wrote: Thats the world coming fast so i dont get why people are holding oil names so so much money is being made in the AI space, PLTR 378% NVDA 184% SOUN 900% TSM 100% so many more YTD, Best year ever with Zero Oil names , Cheers

Kelvin wrote: Yep Nvdia's GPU's chewing up piles of energy to run AI to put tens of millions of people out of work as bots take over the workplace from clerical, accounting, legal, administrative, human resources, engineering, manufacturing down to the atom by atom build level as in nanomanufacturing where bots can design and build other bots using AI deep machine learning and automation. No work? No need to drive to work. No need for so many hydrocarbons.