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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 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.


TSX:BTE - Post by User

Bullboard Posts
Comment by Ocalamanon Jul 26, 2016 1:18pm
115 Views
Post# 25085355

RE:RE:Earnings Soon

RE:RE:Earnings Soondon't forget that pesky gasoline inventory number and the fact that refineries are moving forward some mtce and extending downtime because of this so the refinery utilization rates will be lower than usual and add to that the end of driving season at the end of August and its setting up for a tough fall season. 

The prices are reflecting this already and if the utlization rates are worse than expected than prices will fall further. 
Bullboard Posts