Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by smallcaptdron Oct 05, 2022 8:43pm
225 Views
Post# 35008206

See if Oil can hit $91

See if Oil can hit $91I think that everyone would agree that hitting into the $90+ would show a new bullish trend has started because if it's not bullish, then the headwinds could slow the price down. At least this rally has put the SP where it should be with $80+ Oil which works if it stays in the upper end of $80+ and BTE breaks $7. It takes months for large moves up or down so don't expect this to hit $100 anytime soon unless a catastrophe interrupting Oil production happens. A 3-day rally is an average before a pullback, so now that everyone has had a chance to absorb what the cuts mean, the dust needs to settle and we'll know if we will be in the $80+ for a while or by Friday we break up to $90+. We'll know in the morning. Either way, BTE stays solid.
<< Previous
Bullboard Posts
Next >>