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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 Kelvinon Jul 09, 2024 8:40pm
197 Views
Post# 36125494

RE:API

RE:API Analysts like Rosenberg are saying that despite OPEC+ cuts the oil price has not responded with much higher oil prices leading him to wonder if demand is decelerating rather than accelerating as forecast. But he's not sure yet. So the bet seems to be whether demand is accelersting or deccelerating. Might be bigger economic problems in China than we think. That's why Rosenberg can't forecast. He can't trust the numbers coming out of China. 
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