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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 dllscwbysfnon Apr 04, 2024 7:35pm
129 Views
Post# 35971659

RE:RE:RE:RE:Wow what's happening to oil

RE:RE:RE:RE:Wow what's happening to oilWell sure but if they get inflation to their target then there would be no need to cut rates, you save those bullets for when you need to stimulate the economy. What happens if inflation gets sticky at this point, maybe they raise rates.Good thing the fed and the BOC are neutral, lol.
Cobalt wrote: It's not simply black and white, or on and off; there's nuance involved. Rates are restrictive at the moment, so the goal is to equalize them as inflation falls.

dllscwbysfn wrote: Why would they cut rates in either Canada or the USA?? Rates get cut when you are trying to stimulate the economy. So if the economy is good then no rate cuts. If the economy is bad then you get rate cuts but then Biden and Trudeau must come out and say they sunk the economy. Lastly if wti keeps going up inflation will not hit its target any time soon. They will likely need to kill the consumer for a total reset. What do you all think??
Cobalt woof woof
Cobalt wrote: A talking Fed head was out today saying things are so strong maybe we dont cut this year.
Copper Gold Oil says do you have an inflation hedge back on?






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