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 > Both CPI and Core CPI below consensus

<< Previous

Bullboard Posts

Next >>

Comment by BayStreetWolfTOon Aug 10, 2022 10:08am

93 Views

Post# 34884405

RE:RE:RE:RE:Both CPI and Core CPI below consensus

Also with that CPI print some will move to tech (which is beyond me).

I assumed the Nasdaq would be up today so some shifting.

But again not a day to day or week to week for me. I continue to look to 2023 and for that I don't see much that has changed in the last few months.

HighOctane89 wrote: I agree with your assessment Wolf , we all know there is no magic production switch to get immediate results . Reminds me of an old TV ad , "you can pay me now or you can pay me (more) later"

BayStreetWolfTO wrote: We still need time for the capex/supply story to play out. Early innings imo

Just kicking the can down the road for now

HighOctane89 wrote: Last night I watched some of the Asian and European opens on CNBC , both district shows talked about energy for about 50% of the shows . The European show actually discussed the ridiculous attitude toward O&G particularily when it was governments that have forced the production slowdown . They went on to say it appeared that governments were sticking tax payers with the bill for government errors .

To my dismay , bnn still has their heads in the clouds . How do you go from an energy crisis to an energy surplus without any change in supply or demand ? There seems to be this naive sense that there will be shortages (but not here) in north america , will be interesting watching this play out .