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Bullboard - Stock Discussion Forum
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 269,000 gross 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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TSX:BTE - Post Discussion
Baytex Energy Corp
> Inflation has kept Oil under $79
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•••
smallcaptdr
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Post by
smallcaptdr
on Jan 12, 2023 10:48am
Inflation has kept Oil under $79
What if $79 was the high US isn't as bullish after Inflation numbers plus at some point, the Oil rally will subside until there are actual facts that China manufacturing is increasing because so far this rally is on expectations. The link below explains inflation.
Here’s the inflation breakdown for December 2022 — in one chart (cnbc.com)
(1154)
•••
Moemoney42
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Comment by
Moemoney42
on Jan 12, 2023 11:09am
The problem with all your soft bashing smallpecker is everyone here has an investment horizon of more than 1 day.. LMAO..!!
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