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

Add To Watchlist

TSX:BTE - Post Discussion

Baytex Energy Corp > I will bet on OPEC keeping balance!

View:

Post by Owlseye1 on Jun 03, 2024 7:14pm

I will bet on OPEC keeping balance!

OPEC's adding 500,000 barrels October through December of 2024 then adding another 1.8 million barrels in June of 2025 driving season if they feel market is right they will not flood this Market and shoot themself in the foot for all they have worked to balance this Market. Big American oil companies are being cautious also dangerous time to short is my opinion two wars going on, straight being terrorized and geopolitical rhetoric goes on.

228