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

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Post by smallcaptdron Dec 28, 2022 4:58pm

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Post# 35194358

API Crude Oil Stock numbers just out.

Not bullish for Oil especially with Keystone being down for a month. The economy is contracting and even with the US exporting more Oil and SPR recent purchase of 3Mil barrels by Biden to start a refill program whenever Oil is in the $70+ and still no signs of running low on Oil with these numbers. We`ll see what tomorrow's EIA numbers come in at which could be market sensitive for Oil

Economic Calendar (tradingeconomics.com)

US API Crude Oil Stock

United States API Crude Oil Stock Change