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 > Global Inflation

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Post by smallcaptdron Nov 30, 2022 12:21pm

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Post# 35140069

Global Inflation

Shouldn't take long to hit 2% maybe in 2024 when the FED is looking to be close and the rest of the world's Central Banks will keep increasing Interest Rates till they get closer to 2% so 2023 recession will come with a vengeance kicking Oil down to $65 so enjoy every bump higher with Oil because it could be the last. Everyone that predicted that Oil could hit $85 today is getting a taste of reality.

US

United States Inflation Rate