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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 > Big Draws Coming
View:
Post by MLEWICKIMBA on May 15, 2024 3:30am

Big Draws Coming

1. Big Draws Coming
2. OPEC wants to rule
3. WCS never this good on a consistent basis
4. Summer volumes will be at record levels with planes, trains and automobiles
5. 8.1BLN People on the planet versus 7.8BLN before the pandemic
6. No weather, squirmishes or other things factored in.

For BTE NCIB Announcement in 30 days for shares bought and for the renewal update.

55M Bought is my estimate and the renewal and sub 800M by August 31, 2024.  

For a 150K BPDE Producer that isnt that much.
Comment by dandu1924 on May 15, 2024 6:34am
This is very nice but all of those factors are ignored by the market and you can see that with the share price reaction DOWN. So, I dont know what will stimulate  the share price of BTE and others oil canadian stocks. This is very depressing.
Comment by MLEWICKIMBA on May 15, 2024 8:09am
78 dollar oil and 13 differential  In the past WOW Have to wait it out After today's inflation report and eia invented report
Comment by Trader60 on May 15, 2024 8:19am
Hoping that you feel better after posting this information.  Good luck. 
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