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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 > EIA Crude inventory:
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Comment by Moemoney42on Jun 12, 2024 11:14am
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Post# 36084831

RE:RE:EIA Crude inventory:

RE:RE:EIA Crude inventory:I think you've answered your own question.. the demand destruction is NOT there.. and their production can't keep up to the increased demand.. thus imports are up.. 
There are too many talking heads that spin headlines for the sake of giving the algos something to trade off of.. its just noise IMO.. thus you get the whipsawing like we're seeing today.. :-/

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