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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

Post by smallcaptdron Nov 28, 2022 10:50am
177 Views
Post# 35133713

ATH overvalued and dying

ATH overvalued and dyingATH is the most disconnected out of all junior Oil plays, last time ATH traded in $74 Oil was in Jan the SP was $1.20 and this is why volume is drying up for ATH as we move forward, and its because of the SP being so overvalued that investors sold never to return and all that's left are snot-nosed traders with zero sense and this is why that the largest position held is Short at 38Mil  Compare BTE & CPG volume to ATH volume on the charts below. Plus it cost ATH more to produce Oil because of Oil Sands as compared to BTE & CPG, Yes ATH is at the bottom of my fair trade list. BTE & CPG is where you want your money!  

CPG



BTE



ATH

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