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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 / 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 162,000 net 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.


TSX:BTE - Post by User

Bullboard Posts
Comment by trader009on Sep 30, 2015 7:11pm
65 Views
Post# 24151310

RE:Leader has called it SHORT don't fight trends

RE:Leader has called it SHORT don't fight trends

Certainly would like to see your charts.....support levels determined by way of ???....

No such models in my investing world and I've been doing technical/fundamental analysis for 20+ years....

Contrary to your educated/uneducated analysis I believe BTE presents a stunning opportunity over the next 6-12 months......OIL dependant......I'm of the opinion OIL has no where to go but higher next 6-12 months......Therefore I stand by my BTE position......
You are obviosuly of the opinion that OIL will go lower for longer therefore neither one of us is wrong present day....

Oil would have to remain bearish through remainder of 2015 and into 2016 without any major moves higher otherwise the shorts will get surprise.....Way to risky shorting oil ATM account to many global motivators......

Just my opinion.....

Bullboard Posts