Baytex Energy Corp T.BTE

U.S. nat gas production down

[fortunefavorsus]

Even AECO gas prices are strong and probably will stay high with U.S. production down.  Canadian stocks are so manipulated.



Market Prices (gasalberta.com)

[fortunefavorsus]

U.S. Gas Production Slows At The Worst Possible Time By Irina Slav - May 02, 2022, 9:00 AM CDT The lack of a sufficient pipeline network is causing natural gas production in America’s most prolific regions to decline. Natural gas prices have increased by approximately 50% since Russia’s invasion of Ukraine, yet some producers have been unable to take advantage of the rise.

[Cobalt]

Crazy high for shoulder season , NG names sold off to on fear of shoulder season , some great buys out there . Now i see first calls of ripping hot weather in June ACs on :)

[BayStreetWolfTO]

Cobalt, plus SA energy exports drop in summer due to the massive energy demand for A/C It really is going to be an interesting summer

[fortunefavorsus]

Eagle Ford gas has easy access to market.  Hope they are pumping like mad maybe open up some idle wells?

[fortunefavorsus]

Noticed OBE issued 10 licenses in Esther Viking now with gas prices high.  Might be a good addition to Raging River Viking in 2023 as they churn through a lot of wells drilling in Viking..  OBE has gas plants and infrastructure in place although they have not focused on the area the last few years.