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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 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.


TSX:BTE - Post by User

Bullboard Posts
Comment by heavyvolumeon Jun 08, 2016 12:22am
175 Views
Post# 24944779

RE:Looks like Pro was right again

RE:Looks like Pro was right again
Some questions if I may:  "Pro" who?  

Does he/she follow other Canadian oil company stock?  Has he been right on others?  Are there any oil stock he/she follows?

On BTE, the book value is almost $12 so a run is somewhat predictable especially with oil rising because of large inventory draws. You need to buy at the right time to get the biggest gains, this seems to be the right time for Canadian oil company.  BTE will go back up as hard as it feel.

Many of the top volume stocks today on the TSE with very impressive gains were Canadian oil company stocks.  https://ca.finance.yahoo.com/actives?e=to

That's bullish for Canadian oil!
Bullboard Posts