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 > The U.S. Oil Industry Won’t Stop Growing is BS

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Comment by Hightowntraderon Sep 09, 2022 6:28pm

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Post# 34953351

RE:RE:RE:RE:RE:The U.S. Oil Industry Won’t Stop Growing is BS

masfortuna wrote:

Moemoney42 wrote:

masfortuna wrote:

Moemoney42 wrote: Quote: "I posted yesterday that this news release was BS and here's the latest Rig count just out today backing me that the Rig count is shrinking"

and only 6 days ago you were making a case for US production being near a top.. LMAO..!!

Quote: "US production is at its highest for the year while Crude Imports decline and Exports rise sharply could be pointing to softening US demand and that's why we are seeing extra US crude being exported"

so in short you have no idea what you're talking about.. but like to post headlines that you think supports your theory.. until the news headlines change, then you state it was what your "insight" that mentioned it well before the headlines.. what a goof..!
We all realize your day trading and change your tune daily.. most here are investors.. not day traders.. so save your breath.. we all see though your self serving BS.. LMAO..!

Umm...If you are wondering why the US s exporting oil, this from Shalemag:

releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting.

Not really wondering to be honest.. just wanted to out smalcraptdr with the BS he continues to post.. I know.. I know.. I should just put him on ignore, but I do enjoy exposing his daily BS for what it is..

I already have him on ignore. I really appreciate volunteering his "free financial advice" but I think I will just go with my own thesis.