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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 > $88 Oil
View:
Post by smallcaptdr on Oct 11, 2022 9:35am

$88 Oil

We had to expect this pullback, I thought that I read that Oil would never be under $90 again well that was wrong. Recession always trumps. Just remember that the ONLY reason that OPEC cut production was to add stability and eliminate swings in Oil prices, which works pretty well from $93 to $88.  Oils has been trading like this all year.
Comment by Cobalt on Oct 11, 2022 9:39am
Recession and Covid raging again in China and the most knowledgeable banker on the planet , no worries we all bought at 25 cents never a need to do risk management too the Moon
Comment by smocher on Oct 11, 2022 10:17am
heading lower yet. sideline time. S.
Comment by Canukiwi on Oct 11, 2022 11:44am
Up a $1 since then. Boy, you sure nailed that. Goodbye.
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