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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 > Bad news for the oil bulls🐮
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Comment by Marty57on May 16, 2023 9:19pm
262 Views
Post# 35451533

RE:RE:RE:Bad news for the oil bulls🐮

RE:RE:RE:Bad news for the oil bulls🐮
Product inventories continue to drop.  Higher consumption with summer driving season is here.  US production stays flat.  OPEC cutbacks will gradually start to bite-- they went into effect on May 1 I believe.
let's see what impact these forces have on oil price ... oil price is going up IMO.
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