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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.


TSX:BTE - Post by User

Baytex Energy Corp > Biden term coming to an end is a catalyst
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Comment by ManitobaCanuckon Jan 02, 2025 9:55am
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Post# 36384188

RE:RE:Biden term coming to an end is a catalyst

RE:RE:Biden term coming to an end is a catalyst
Cobalt wrote: You understand Trump wants to cut energy in 1/2 right? Will he, No but will he lower it?

riski wrote: With Joe Biden's term coming to an end, so will all the background policies to suppress the price of oil. Particularly obvious are Paid media articles, investment houses hammering WTI at open, Constant China recession narrative, and occasional announcements from the government to negatively affect the price.
 
All of this in the face of record oil consumption and world oil stores at historic Al lows. Implies oil price for the given conditions is mid 80s with upside risk.
 
Place your bets. 




He also wants to cut interest rates.
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