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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 d_trumpon Jan 11, 2017 12:18pm
56 Views
Post# 25694394

RE:RE:RE:Sir John Steele positioning for huge 3 day up move

RE:RE:RE:Sir John Steele positioning for huge 3 day up move
bago wrote: Yeah but yesterday he did get it wrong and I expect a pretty hefty pull back the rest of today. So far with those EIA numbers it's real strange that oil is up so much and could have easily broke through 50 on those inventory numbers so  I think traders are careful here and that's why oil stocks aren't moving in concert with the price right now....mgba


He may not have nailed the bottom, but I would say he got it very right yesterday - started buying sub 51.50 and averaged 51.03.  Now 52.45 - he has likely locked in his profits by now.

Bullboard Posts