Baytex now has a way to grow both heavy oil and light oil production at a satisfactory rate.
Baytex Energy (BTE) reported increasing oil production combined with decreasing natural gas production that changed the production mix from the second quarter. This aided the operating netback which climbed due to the more valuable production
Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.
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