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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
Post by d_trumpon Mar 08, 2017 5:29pm
203 Views
Post# 25953726

today WTF??

today WTF??has anyone heard any rationale for today's oil price plunge?  All I have heard is the 8.6M build - but that is more than offset by the draws of gas and distillates - net net if anything it is modestly bullish, given that we are in shoulder season and a 2M build was expected.   Overall the inventories make sense - very low refinery utilization, hence the drop in finished product and rise in raw materials...
Bullboard Posts