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 > US Core Inflation

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Comment by Snowballeron Oct 13, 2022 9:41am

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Post# 35021957

RE:US Core Inflation

I think a 2% target is unlikely. They will perhaps settle for a new target of 3% to 4% as increased hikes beyond 4% & 5% will crush world markets/economy and inflation is/will continue to be sticky. I suspect they slow/stop late next year... maybe even walk it back momentarily in 2024 to spur the economy forward.

smallcaptdr wrote: The Fed will continue to raise Interest rates for some time until Inflation gets to 2% and this is another down day for Oil making this the 4th straight day for Oil to sell off.

US Inflation Rate

US Core Inflation