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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 > Baker Hughes Oil Rig Count
View:
Post by smallcaptdr on Aug 09, 2022 10:05pm

Baker Hughes Oil Rig Count

More and more companies are drilling for Oil and NG and the total Rig counts keep increasing,, sooner or later there'll be more Oil and NG production. Oil tightness will become a thing of the past.


https://tradingeconomics.com/united-states/crude-oil-rigs

Crude Oil Rigs
Baker Hughes Crude Oil Rigs

Total Rigs
Baker Hughes Total Rigs
Comment by JohnnyDoe on Aug 10, 2022 7:25am
Here you are with your narrative again. Rig counts are up from 3 months ago. Oohhh. Scary. Oil's gonna collapse. How about looking at a 3 year chart or a 5 chart instead of a 3 month? How about you do that? I dare you to post it. while you are looking into 3 year charts, do some DD on tier 1 acreage and decline rates on shale. See if you can tie in the data to your narrative
Baytex Energy Corp
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