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 > API another big draw -7.647M

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Comment by BayStreetWolfTOon Aug 30, 2022 4:41pm

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Post# 34930738

RE:API another big draw -7.647M

More importantly product gas draw and also dist...Will be interesting to see exports.

Don't forget API does not include SPR but this is a draw of total oil stocks.

Wraps the summer with maybe 1 build including SPR. The rest were draws.

That said the SPR is a limited tool now and production is not increasing in the US and rigs are flat.

Will be an interesting Q4

BayStreetWolfTO wrote:

Oil +0.593M (don't forget refinery fire)
SPR -3.100M
Total Oil -2.507M

Gas -3.414M
Dist -1.726M

Total draw -7.647M

Wait for the distortion crowd lol