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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

Comment by Nothingmatterson May 18, 2022 3:03pm
55 Views
Post# 34693221

RE:RE:This is unfortunate

RE:RE:This is unfortunate 56 percent wont stay for long... obe was up 100 . Take that into perspective clown
BayStreetWolfTO wrote: Fun fact. While the 6 month chart for BTE is +56%....while the NASDAQ has been experiencing its Bear market run and I believe the DOW is in a technical correction (so far)

Anyhow while BTE is +56% during these market down times it is interesting that we have had many correction days where we dropped a greater % than today.

For days we dropped a bigger % than today

November 1 day drop was bigger
December 3 days the drop was bigger
January 1 day drop was bigger
February 1 day drop was bigger
March 2 days the drop was bigger
April 4 days the drop was bigger
May 3 days the drop was bigger

Yet here we are still up 56% during that time

If nothing else that is interesting. Puts a day like today in perspective

Lets be honest we all knew the DOW and NASDAQ were way overvalued...I have been saying it now for a long time.


1234bmth wrote: With oil bull market we have bear overall market, oil is holding firm, lets see what will be tomorrow.




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