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 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

Baytex Energy Corp

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Comment by Slinger14on Jun 16, 2016 8:15am

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Post# 24970212

RE:BTE @$2.30 To $8 Run is OVER bte o Thedave2006 Baytex

oThedave2oo6 wrote: $7 now, Chart says BAYTEX Over Bought Clearly! Glad sold near THE high
Think $5 oo $6 is Coming Soon $6s today perhaps

This pullback has nothing to do with the company or it being overbought. All oil stocks are tanking. It's due to fear and uncertainty over Brexit. Investors are leaving riskier plays and rushing to safety. There are many energy stocks doing much worse than BTE. This ain't going to $5. Take this pullback as an opportunity to load up at a discounted price. It will recover very quickly, especially if Britain votes to stay in the EU.

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