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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Comment by Cobalton Oct 02, 2023 9:19pm
149 Views
Post# 35666086

RE:Harbinger?

RE:Harbinger?20 year cycles on bonds just went through 40 years of dropping rates today i heard 13% on the ten year in due time by the most watched bond guy. Fun Fun some safe divy stocks got smashed today like never before 3.5% ha who wants that right? Not all as it seems I'm in the camp Big teck AI does well Billions on the ballance sheet now makes money for them and no need to go to the capital markes. Look for moats, UBER now profitable they have a huge moat arounf them now you want to borrow money to challenge them? (cough) lift ha, Stock pickers market Love it

Kelvin wrote: I've been reading stuff today saying that rising yields on US Treasury bonds and bills are starting to become a real worry. Bond yelds are inverse to bond prices. The higher the yield, then the lower the market value of the bond.

The fear that analysts have is that if treasury yields continue to rise, then the value of treasuries will ontinue to decline. We might reach a point where those who own those trillions of dollars in treasuries will want to offload them to limit the damage being done to their balance sheets.

So the worry is a stampede out of treasuries which will trigger soaring interest rates that will then trigger a massive sell-off in the equities markets.

Overblown, exagerated fears? Shorters cooking up some black swan, macro event in order to make a pile of cash? Plausible? Any opinions on this?



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