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 > Demand destruction already started:

<< Previous

Bullboard Posts

Next >>

Comment by jdmecomberon Jun 08, 2022 4:28pm

216 Views

Post# 34741627

RE:RE:Demand destruction already started:

BSW, I guess Memorial day had a slight decline in gas used. The airlines have been busy. Something we should keep an eye on. I did take the car the other day, instead of the diesel. I hate the car I barely fit in there. :)

$100-$120 would be perfect. Even $90-100 would be great

Yes, I heard one commentator say we need to see some demand destruction to avoid a bad spike. His feeling was we see enough demand destruction to keep us in the $120-$130 range without spiking to $150.

I guess we will see. China is really only starting to ramp up...

I much prefer to sit $100-$120 than spike to $150-180...

<< Previous

Bullboard Posts

Next >>

How a junior advances one of the largest undeveloped diamond projects