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

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Post by smallcaptdron Jan 17, 2023 10:56am

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Post# 35227887

Canada Inflation Rate out today

I post over a month ago that even with Interest rates being raised up to 4.25% Inflation in Canada has been steady in the 6% range my point is that even though the US Inflation has dropped to 6.5% the FED might find that 6% range could be harder to slide through after dropping from 9.1% removing the froth now the challenge will begin trying to hit 2% we could be well into 2024 before 2% comes in sight for either country prolonging a recession.

US Interest Rate
United States Fed Funds Rate