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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 SmokeyOBon Mar 20, 2023 8:03am
126 Views
Post# 35348341

RE:Fed and Global Central Banks Move to Boost Dollar Funding

RE:Fed and Global Central Banks Move to Boost Dollar FundingThe Fed will more than likely go with their 25 point increase. Gasoline and distillate inventories will likely go down. Oil inventory is anyone's guess. The wild card is in April when OPEC decides what to do. OPEC openly states where they want oil to average out at and those guys will do it as Iraq is positioning itself for increased production in the future as US shale fields start to decline. It's not complex with oil over the mid term. Now BTE I am not entirely sure where they are going as the management does not do what they say they will do and the million dollar question is where will they end up. 
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