Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > If you want to spin Hot jobs higher longer rates bullish
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(33)
•••
Comment by 65F09Aon Dec 02, 2022 10:29am
126 Views
Post# 35146217

RE:RE:If you want to spin Hot jobs higher longer rates bullish

RE:RE:If you want to spin Hot jobs higher longer rates bullish
HighOctane89 wrote:
Cobalt wrote: OPEC meets Sunday, Higher recession risk may tip them into cutting, more people driving is a laugh too many work from home these days.


If oil was allowed to trade where it should (without all the false headlines and suggestion of surplus) then those higher prices would work to help slow demand and the economy . Instead Biden lovers keep selling paper barrels which has kept the price low and consumption high . Look at the last 3 weeks of EIA numbers , 20M barrels drawn in that time (12M last week alone) .

If SA and OPEC+ do cut production this weekend it will only compound US problems as they consume 20M bpd but only produce 11.7M , the rest is all imports . In fact US refinery's need heavier oil than most fields in the states produce which makes them more reliant on Can and SA .


WOW!  Now this is a great post.  HighOctane has let us all know that the US is an importer of crude.  That is just the nugget I needed to navigate these markets.  Thanks HO89 you are the best......

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities