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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 Retiredgeoon Oct 03, 2023 3:34pm
97 Views
Post# 35667617

RE:RE:RE:RE:RE:10 year US treasury yield

RE:RE:RE:RE:RE:10 year US treasury yieldThat's nonsense!  A union worker today makes 90X what their counterpart made in 1913 (~35 cents/hour).  Food costs have increased 10-40X in the same time period depending on the staple.

Many items such as cars and houses are far more expensive today, adjusted for inflation, then they were when we were kids.  They are also larger, better built and with modern features.  If you want to live 1960s style mom can stay home 1960s style.

Inflation is indeed a problem but let's not exaggerate it.
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