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 > Narrative filled day...

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Comment by BayStreetWolfTOon Aug 05, 2022 8:54am

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Post# 34873533

RE:RE:Narrative filled day...

Fun fact

2000 Fed Funds Rate 5.75%
2000 Unemployment Rate ~4%

2022 Feds Fund Rate 1.75%
2022 Unemployment Rate 3.5%

Economy historical has been no issues with higher feds fund rate

The issue is Tech will drown with a 5.75% feds fund rate which is why the Media doom and gloom. Employment historically has seen much higher fed funds rate with good employment numbers.