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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 > TMX opening
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Post by NobleHouse on Apr 04, 2024 1:32pm

TMX opening

I think the timing of the TMX opening on May 1 is a good omen as that's the date of my 71 st birthday. With an estimated increase of 590 thousand BOE , l wonder how Biden's hack cronies are going to claim inventory increases  when 4 million give or take discounted CDN barrels are no longer going to a country who has taken advantage of CDN oil since Leduc in 1948. The USA always said ,Let the Good times Roll. Well that party is about to be over and that will mean lower differentials and a higher WTI price sooner than later , and we haven't even seen the start of Driving Season. BTE stands to profit both ways on both their CDN and American operations. 2 results , hopefully a dividend increase and since Matters will look a total negative Nellie and fool when it comes to any Oil name , then hopefully he lick his sounds and just disappear from the oil boards he doesn't own but plagues on a daily basis. A lot of Therapists , for money of course would love to deal with his ego and validation problems.
Comment by uwebb429 on Apr 04, 2024 5:05pm
Mexico is reducing exports of their heavy Maya barrels to the US Gulf Coast refineries just as Canada starts finding new customers for their heavy oil. Canada will start shipping WCS to California or Asia next month. The highest price wins. The WCS WTI differential will be in the single digits by summer time.  https://www.rigzone.com/news/wire/mexico_curbs_oil_exports-02-apr-2024-176264 ...more