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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Baytex Energy Corp > API Oil Stock numbers back to back surplus

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Post by smallcaptdr on Sep 07, 2022 4:42pm

API Oil Stock numbers back to back surplus

Here we are with inventory numbers a massive surplus so this shows that there's more Oil on hand than demand. This now makes 2 surplus reports back to back.

United States API Crude Oil Stock Change

United States API Crude Oil Stock Change

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Comment by barneyj44 on Sep 07, 2022 7:32pm

The build comes as the Department of Energy released 7.5 millionbarrels from theStrategic Petroleum Reservesin the week ending September 2, leaving the SPR with just442.5 millionbarrels.

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Comment by Hightowntrader on Sep 07, 2022 7:47pm

It's disappointing that headlines like this are allowed to go to print... Tomorrow the reality kicks in, (unless the dog ate the EIA's homework and they can't post on a short week), and the build turns into another drop...

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Baytex Energy Corp