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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Positive Outlook
View:
Post by BayStreetWolfTO on Jun 07, 2021 11:23am

Positive Outlook

While these headlines are attention grabbers let's be honest oil isn't going anywhere for at least 20 year minimum.

The eco woke will have no luck with India and China. Once the majors stop with all these board addition OPEC rules. IEA report is nothing more than paid advertising.

https://oilprice.com/Energy/Oil-Prices/Well-See-200-Oil-Russia-OPEC-MinistersBlastIEAs-Net-Zero-Plan.html
Comment by topdown99 on Jun 07, 2021 12:27pm
Your assessment of oil's future is right on the money , the "energy ship" cannot be turned on a dime . Driving has returned to pre-pandemic levels in the US , the UK and Europe . Once air travel and cruise ships regain lost traffic , oil prices will rocket . The Syncrude Aurora oilsand mine reported the death of a worker and since SU owns a chunk of Syncrude , I sold that stock this ...more  
Baytex Energy Corp