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 > My Favorite Lady Amrita Sen On CNBC Talking About

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Comment by Greendayon Jun 29, 2023 1:11am

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Post# 35519836

RE:My Favorite Lady Amrita Sen On CNBC Talking About

Cann't destock forever. The cost of carry due to higher interest rates will get built back into the price of oil when it is restocked. Price of oil should rise as the higher interest rate cycle wanes - and by many accounts there are only 25 to 50 basis points left to go.

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