Bullboard - Stock Discussion Forum 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... see more

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TSX:BTE - Post Discussion

Baytex Energy Corp > Going to see a massive build

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Post by deepblue on Mar 08, 2021 7:57pm

Going to see a massive build

Of crude inventories this week. Don't get caught holding the bag.

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Comment by Stalkhouse on Mar 08, 2021 8:19pm

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Comment by Natgasbc2021 on Mar 08, 2021 10:18pm

massive crude build is completely irrelevant if Product Draws are equally as high or higher as we are headed for summer and driving will be NUTS as covid fads into the abyss and Product Inventory is well below 5 yr avg... Once refineries are back online they will be running at full capacity to replenish stocks... Remember last week 11.5m of the build was additional imports and there was still an ...more

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Comment by Snowballer on Mar 09, 2021 9:15am

Market is aware of Texas freeze and resulting record setting refinery shutdown (unusual event). Most of of them back online and will plow through the record inventory in no time.

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