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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 > Don’t worry about the green revolution
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Post by gimmycash2 on Jun 16, 2022 9:49pm

Don’t worry about the green revolution

Winter is only 5 months away,no ressesion is going to keep the price of oil down,nor are people going to stop driving after 2 years of lockdowns.the only headwind I see is the dems get slaughtered in November ,but by the time production and drilling gets underway,we still got a 2 year runway minimum of crazy profits.long bte,Meg,tal,ath.
Comment by BayStreetWolfTO on Jun 17, 2022 12:15am
I think we are currently in a recession (just not called yet) we will see. But as Eric said we need to get to demand destruction...I have said this for a while...oil price will spike and settle I feel 120ish he thinks 140-150. I just hope we don't see the spike until 2023 after the SPR is drained.. This will help strengthen and lengthen the bull run in my opinion. For now 100-120 until the SPR ...more  
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