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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Baytex Energy Corp > BOC just go up 100 bps?

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Comment by jleer42on Jul 13, 2022 10:17am

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Post# 34820474

RE:RE:RE:BOC just go up 100 bps?

I think it sets up an issue for the next rate hike. Both another 1% hike and a less than 1% hike can have issues. Also, today looks like a bit of a knee jerk reaction and not a steady hand. Dealing with inflation while the government refusing to reign in fiscal spending isn't easy.

TheWokeLemming wrote:
They've been following the Fed, because in typical Canadian fashion we cannot think for ourselves. At least with this they're getting a little ahead instead of lagging. The BOC has done a poor job of protecting Canadians from inflation. My opinion only.

jleer42 wrote: Yep, that was not expected.