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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 > who's REALLY in charge....
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Post by downwithdotcom1on Jan 23, 2024 9:03pm
232 Views
Post# 35842111

who's REALLY in charge....

who's REALLY in charge....confirmation that the PAPER traders are in charge and it has NOTHING to do with the current physical DEMAND/SUPPLY picture or even how well/bad  an individual company is doing...dwdc

  • Traders are selling WTI crude in anticipation of higher U.S. production later this year.


"Hedge funds and other institutional traders sold the equivalent of 24 million barrels of U.S. crude in the week to January 16. This compared with Brent buys equivalent to 18 million barrels"
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