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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 > Opec/china
View:
Post by jmaan on Sep 17, 2024 12:07pm

Opec/china

Well I don't see opec plus cutting further barrels off the market after December,  there been having plus countries cheating for a while! So only thing I can see is chinese  government stimulating there economy or seeing  india ecomic boom to pick up chinese slack! ...... maybe even better for baytex holder's is getting bought out . How long are we lagging at these prices!
Comment by 1234bmth on Sep 17, 2024 12:20pm
I think we don't have to wait long for the SP reaction, tomorrow after FED decision on interest rate market will find its long term direction either up or down, for sure there will be some volatility as well due to US election, but one thing in my opinion is clear that BTE is not a target of acquisition for 2 main reasons: one its assets are way too spreaded and second it is a relatively high ...more  
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