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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Comment by HighOctane89on Oct 04, 2022 3:17am
205 Views
Post# 35003258

RE:RE:RE:RE:RE:OPEC+ discussion for 1,5 Million or more ...

RE:RE:RE:RE:RE:OPEC+ discussion for 1,5 Million or more ...They (fed) are playing a dangerous game , how they move forward from here will tell you lots . The RBA (Australia) only went 0.25% this morning instead of the 0.5% that was expected and the US ISM dropped earlier today showing a slowing condition . There are 3 fed members speaking again tomorrow (including Mester) , the tone of their comments will be key to markets . 

As much as I want to see $100 oil again I hope OPEC doesn't go too far with their cuts . Powell will take any inflation as an excuse to cover up his "transitory" blunder . If they don't take a break soon these interest rates will crater the housing market and that could start the dominos wobbling . October has bad history but if you don't sell , you don't loose anything but time .
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