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

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Post by smallcaptdron Jan 10, 2023 4:45pm

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Post# 35214366

API Crude Oil Stock surplus 14.86Mil barrels

Wow, what a surplus of Oil, 15Mil barrels to the plus side is about the worst thing for Oil during any bullish period with Oil now down to $74.30 after taking 2 runs at $76 once I saw the twin peaks I knew then that Oil was heading lower. This will be a killer and Oil could be in the red when we're back to trading tomorrow.

US API Crude Oil Stock
United States API Crude Oil Stock Change