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 / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp

Bullboard Posts

Comment by BullishBaytixon May 03, 2016 5:29pm

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Post# 24838421

RE:API versus PLatts survey (Comparison)

Looks positive for oil prices to me.. survey of 1.7 build, 1.3 build api, gasoline 500k down.. api is 1.2 million.. etc

NormanBates1960 wrote:
American Petroleum Institute (API) crude oil inventory data

Inventory build of 1.3mln barrels (1.265mln barrels to be more precise)

Cushing build of 382K barrels

Distillate draw of 2.6 mln barrels

Gasoline draw 1.2 mln barrels (1.17 mln to be more precise)

Platts Survey of Analysts Results:

Crude oil stocks - up 1.7 million barrels

Gasoline stocks - down 500,000 barrels

Diesel stocks - up 1.5 million barrels

Refinery utilization - up 0.6%