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 > Interesting short term chart...

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Post by red2000on Sep 14, 2022 9:51am

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Post# 34961443

Interesting short term chart...

Just seen that on ElliottWave Trader :

impulsive-looking bounce prompts me to add possible alternative - a local rally scenario is presented on the Option 2 Micro Log chart. The Option 1 Micro Log count is valid below 90.39 level while above this line possible rally could bring WTI to 96.70 - 99.62 area.

Always said : Get stability between 90$ to 100$ and Baytex team will done the rest !!!

GL Longs !