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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > US Building Permits and Housing Starts
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Post by smallcaptdr on Aug 16, 2022 9:41am

US Building Permits and Housing Starts

This latest US data show a country that is contracting and looking at these charts explains exactly how much the US has changed over the months as interest rates start to take effect over the housing sector and the housing sector is the largest driver in the economy. So far Oil has shrugged it off but it's still early in the trading day.  JMHO


US Housing Starts

United States Housing Starts

US Building Permits down huge
United States Building Permits
Comment by Noisemaker on Aug 16, 2022 10:03am
Total BS. Building permits were up and you somehow decided to conveniently ignore the positive manufacturing data. What a clown. We all know your agenda. Buy or cover your shorts lmao
 
88
Comment
Comment by Hightowntrader on Aug 16, 2022 10:03am
So housing starts are back to pre-covid numbers?  Or are they seriously lower than the 5 year average?
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