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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Oil getting hammered.
View:
Post by deepblue on Nov 17, 2021 12:07pm

Oil getting hammered.

Back to $75
Comment by gareez47 on Nov 17, 2021 1:39pm
Then I am a Buyer of more shares because the only reason it is down is because of the US and China sales from their respective SPR stocks. They cannot do this for very long before it is depleted and needs to be built back up. Since the US alone uses almost 20 Million barrels per day drawing from the SPR is a drop in the bucket. The Saudis need $85 per barrel to self fund their social programs so ...more  
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