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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.


TSX:BTE - Post by User

Baytex Energy Corp
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Comment by GreenNewbon Jan 22, 2019 8:41pm
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Post# 29268008

RE:RE:RE:RE:RE:RE:RE:BNN said SP decline is due to a downgrade to sell today

RE:RE:RE:RE:RE:RE:RE:BNN said SP decline is due to a downgrade to sell today
forecast123 wrote: So those folks said next few months will be tough.... Oop ! so their thoughts is OPEC's production cut is a no-effect move.... But the question is why do they think situation is so dire ...Is it they are negative on China's economy which will be darken the demand picture of oil ????


You hit the nail on the head.  It has to do with China's manufacturing outlook.  Weak forecasts.  They are the largest consumers of oil on the world market.
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