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 > U.S. household strength may prolong Fed's inflation fight

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Comment by Snowballeron Aug 04, 2022 10:52pm

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Post# 34873087

RE:RE:U.S. household strength may prolong Fed's inflation fight

Good news = bad news. Everyone mocking the recession... until the Fed forces it on them so they see it. Then all can say the Fed did its job

Snowballer wrote: Gives the Fed all the more reason to hike, hard.

BayStreetWolfTO wrote: I guess another positive headline. Stronger household conditions

It has been well documented households with all the government money have a stronger personal balance sheet.

This is why travel is still strong and will continue through the end of the year.

May 11 (Reuters) - The financial strength built up in U.S. households limited the damage from the coronavirus pandemic

https://www.reuters.com/world/us/us-household-strength-may-prolong-feds-inflation-fight-2022-05-11/