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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...
/ Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.
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TSX:BTE - Post Discussion
Baytex Energy Corp
> What To Expect From The Federal Reserve's Interest Rate
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•••
Tradinghands
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Post by
Tradinghands
on Apr 28, 2024 6:31pm
What To Expect From The Federal Reserve's Interest Rate
Remember everyone popping corks in Jan saying that by May the FED would cut rates and billion$ flooded into the DOW? I can see that imploding as the markets now have just seen another US bank failure while the US debt is uncontrollable and the last time the US was debt free was in 1835 and we're seeing counries giving up using USD in favor of other currencies. There might not be any interest rate cuts this year unless we hit a depression. This could be a year to remember
What To Expect From The Federal Reserve's Interest Rate Policy Meeting Wednesday (msn.com)
(2513)
•••
Marty47
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Comment by
Marty47
on Apr 28, 2024 7:20pm
Y'a back in December they were all pump as inflation was going down but .......slowly oil creep back up and for March inflation spike at 77$ average oil price ...April will be close to 83 $ average wti so guess what , April inflation will creep higher than March , but if we get to 85 to 87 wti the fed may actually have no choice to increase the rate , but in June the opec plus may pump a bit
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Cobalt
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Comment by
Cobalt
on Apr 28, 2024 8:11pm
"100% of inflation is related to oil price" Bahahaha try insurance healthcare and rent thats it and the Fed cant do anything about them.
(2513)
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Marty47
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Comment by
Marty47
on Apr 28, 2024 8:37pm
Y'a i mean there is so much rent and insurance can go up , once oil was 71$ in dec and it's start to creep up and the March inflation number was from oil at jan 22 jumping to 77$ now it pop in 83 average in March that jump will bump inflation in April again , yes rent and health care did went up but not as much as oil and oil up ..... a lot other stuff get impact by oil ....at this point
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