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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 > Oil could be headed to$150 unless US boost its output:
View:
Post by spurwing2 on Sep 27, 2023 1:54pm

Oil could be headed to$150 unless US boost its output:

https://finance.yahoo.com/news/oil-could-headed-high-150-164501309.html
Comment by WaterDPlants on Sep 27, 2023 2:33pm
I know this is counter intuitive....   I would rather see oil stay at $90 for like 6 months than see $100 or higher. The windfall taxes crowd and Energy Transition people would gain credence.
Comment by downwithdotcom1 on Sep 27, 2023 3:43pm
one of best sayings' in the patch.... BEST THING FOR OIL: HIGH OIL PRICES WORST THING FOR OIL: EVEN HIGHER OIL PRICES AS ERIC says:  right now companies like BTE, CVE are printing money even at $80 wti..you go above $100 - possible winfall taxes, an outbreak in debt financed drilling that cant be stopped and even borderline renewables back in favour. this shifts the demand/supply ...more  
Baytex Energy Corp
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