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.

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Baytex Energy Corp > US petroleum inventories (crude, oil products, SPR)

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Comment by BayStreetWolfTOon Jul 07, 2022 11:38am

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Post# 34808485

RE:RE:US petroleum inventories (crude, oil products, SPR)

Spu, what most will miss with this is the import/export timing.

Oil currently up about $1 from the EIA release....but we wait for next week

1. See how the catch in import/export plays out
2. See how the full July long weekend plays out
3. Next report on DUC's and watching the Rig/Frac spread count

We know US Production is flat but based on the monthly reports these weekly reports are overstating....

....and when the physical and financial market reconcilie....physical ALWAYS wins.

Could be another weekend of $100+ recession oil?