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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 > This is interesting .......
View:
Post by HighOctane89 on Sep 22, 2022 1:40pm

This is interesting .......

Precision Drilling is getting killed today , seems the market understands that lower oil means less drilling . Less drilling means ............ well , you know .....
Comment by Hightowntrader on Sep 22, 2022 2:01pm
PD is a weird one for sure... In the summer it dropped over $10 in a matter of days. Fully booked for months doesn't seem to mean much, as it goes up and down as stupidly as the WTI and associated stocks do. I know that they are busy.
Comment by Cobalt on Sep 22, 2022 2:09pm
Too many big names think the Fed will bring on real pain , who wants to hold a driller going into that? if you want it, pick it up in the heart of the recession next year when fear is everywhere , good times
Comment by HighOctane89 on Sep 22, 2022 2:33pm
I don't want it but with falling prices , drilling will suffer and so will supply . That was what I was watching .
Comment by Hightowntrader on Sep 22, 2022 2:56pm
Like I said, I've seen it go up and down like the stocks do and totally get kicked in the balls some days. But if you think about it, are any of the Calgary companies cancelling their drilling for the upcoming Fall and Winter, just because of yesterdays 75 points?  Last week we were all giddy that Baytex was going to fill the sheets with red and move up from 10 of the best 11 wells to ...more  
Comment by HighOctane89 on Sep 22, 2022 3:57pm
Jesus H !!!!!! Get the F off my back !!!!!   I don't give a $hit whether we use PD or not , I was making an observation , I had no idea you were such an effin authority on Precision Drilling 
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