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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 > Work from home
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Post by HighOctane89 on Dec 02, 2022 3:23pm

Work from home

Today someone mentioned "work from home" as a reason for restricted demand which got me thinking . Last year at this time most office buildings were closed and other than select retail , people were encouraged to stay at home . Today most businesses have recalled staff and those building are again occupied . While they were empty last winter energy usage was restricted by lower ambient temp settings and power consumption , those buildings will all need to be heated and supplied with ample power this year . 

It may just be me but everywhere I look I see increasing demand , here , China , India , everywhere ...
Comment by 65F09A on Dec 02, 2022 3:41pm
When you say 'thinking' you mean when your mind wanders aimlessly? We would all love to see your Demand Model outputs showing the YOY changes your are observing.
Comment by GambinoB on Dec 02, 2022 4:07pm
Ah small fry guy 2 taking time off the short bus Yeah look at the highways on the ride home packed and more cars than ever Side note coke still selling glassss? R2D2 might need a pair Lmao
Comment by 65F09A on Dec 02, 2022 4:44pm
You are one of the best ever.  The insights you shared today came from a comment on TV and what you saw out the window on your bus ride home.... Keep posting....
Comment by HighOctane89 on Dec 02, 2022 4:51pm
Geex Gambino , R2D2 is so mad I thing his flux capacitor is going into meltdown 
Comment by HighOctane89 on Dec 02, 2022 4:42pm
Too funny , sounds like someone is angry . It seems you accounted for everything except the unpredictability of the market . As for my demand model showing YOY changes , let me just say this . I don't like you and I don't like your attitude so why would I ever share anything with you ? I have been here for 2.5 years and seen several versions of this tough guy , paranoid , just trying to ...more  
Comment by 65F09A on Dec 02, 2022 4:59pm
You created this account on Jun15/22.  The price that day was $7.80.  This post has about as much useful and reliable information as your last 70.  Keep posting your factless opinions for all to see....
Comment by Maxmoe on Dec 02, 2022 9:17pm
Ahhhh, a trip down memory lane! Who could forget unlucky and his endless tales of woe. Borrowed money from his family to cover losses, margin calls, gambling losses while simultaneously giving us his shareholder advice. That kook was funny once we gave up and put him on ignore. But I would say his opinions were more like bellybuttons. We all got one and no matter how often you clean it, there is ...more  
Comment by masfortuna on Dec 02, 2022 10:29pm
Yess he was one of the more annoying posters here.  On a different note, anybody want to venture a geuss what Opec will do Sunday?  It seems like a 50/50 split between toying the line and reducing. Russia already declared they will increase production.
Comment by dllscwbysfn on Dec 03, 2022 8:10am
OPEC makes NO moves but warns it will do what it has to to maintain todays price. I hope they cut though!!!
Comment by masfortuna on Dec 03, 2022 10:23am
Not sure I am convinced that they make no move D. They already cut twice although they were more warnings than anything else since they did not reach their quotas.  I think this time they may actually do it.  Just my opinion of course but I did buy some shares on Friday.
Comment by tollycraft on Dec 03, 2022 12:35pm
I dont think they will do anything, maybe concerned with optics.  I hope I'm wrong and your right though.  I dont believe the cap on Russian oil will do much although Russia states they will not sell to anyone who caps their price (even though $60 is higher than their ask right now).  India and China wont' cap it so they will continue to buy at their price and stock up as ...more  
Comment by dllscwbysfn on Dec 03, 2022 1:19pm
I think one of OPECs big concerns might be the data. We had a very big draw this week, was that to try and influence OPECs decision. The problem for me is always "trust", in that I don't have any. I still think they do nothing except let the world know they will not let the price fall further.  Hope i am wrong and they do a major cut, lol.
Comment by HighOctane89 on Dec 03, 2022 6:07pm
SA has made it clear on several occations that they want a $90 price and are very unhappy with the NY paper market's bias and cavalier attitude regarding supply . They have also questioned US policy regarding their own domestic production . I'm thinking SA will be looking for mild cut just to call NY's bluff , if they can't get concensus on that expect a strongly worded statement ...more  
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