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 > LARGE Cushing OK BUILD !!! NICE US Crude Oil Inv. DRAW !!!

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Comment by BayStreetWolfTOon Dec 07, 2021 11:47pm

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Post# 34209111

RE:RE:LARGE Cushing OK BUILD !!! NICE US Crude Oil Inv. DRAW !!!

Agreed Eigen, many new investors don't realize this is a major build time period. It is really amazing to see the draws we have Sept-Dec. To say I am looking forward to 2022 is an understatement.

Eigen337 wrote:
It is quite AMAZING that we are in DECEMBER {for the week ending December 3, 2021} and we are STILL DRAWING DOWN US COMMERCIAL crude oil inventories EVEN with the LARGE US SPR crude oil STOCKPILE RELEASES !!!

The PRODUCTS BUILD is NATURAL at this point in the season CYCLE !!!

This is my opinion only.

Eigen337