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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 > What is the Republican 2024 platform?
View:
Post by Cobalt on Jul 13, 2024 11:36am

What is the Republican 2024 platform?

"# 4 MAKE AMERICA THE DOMINANT ENERGY PRODUCER IN THE WORLD, BY FAR!" Drill Baby Drill

Baytex Energy Corp. (NYSE:BTE) Seasonal Chart
Comment by raven16 on Jul 13, 2024 12:07pm
Cobalt,I'm Willing To Bet 100 Shares Of BTE That Drill Baby Drill Won't Happen. The Producers In The Shale Have Gotten Wise To That And Realize If They Do The Barrel Will Drop To A Point Where It's Not Profitable.  The Shale Isn't Producing As Much As When Trump Was In Office And I Don't Care How Many Different Ways Their Drilling It Ain't Happening,But I Do Love ...more  
Comment by robert41 on Jul 13, 2024 1:28pm
Cobalt loves the drill baby drill comment regardless of it not making fiscal sense for companies. 
Comment by Ztransformer on Jul 13, 2024 2:00pm
Cobalt is a jerk and a nincumpoop. Keep posting same BS everytime.  Looks like he hangs out with Danduu1924
Comment by Cobalt on Jul 13, 2024 3:49pm
I agree that one could argue it does not make fiscal sense. If you ask most oil investors, they would likely say that oil stocks rarely trade based on fiscal sense, but rather on the perception of oil flows.
Comment by robert41 on Jul 13, 2024 4:48pm
nice deflection but this is not about oil investors, stock valuations and the flow of oil this is simply about when DT says drill baby drill oil executives are going to assess the market and they will decide if they drill baby drill. They wont drill baby drill because currently the price isnt high enough and they know saudi can turn the taps on or off. If we get a boat load of production from ...more  
Comment by uwebb429 on Jul 13, 2024 12:21pm
I do not think it matters who wins the next US election. For the last year the rig count keeps decreasing. US production has mostly been flat. Companies could drill more if it was profitable but I guess it is not.  https://ycharts.com/indicators/us_crude_oil_production Oil companies do not seem overly enthusiastic about drilling their tier 2 or tier 3 acreage when WTI is under $80 US. The ...more