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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 Snowballeron Jan 06, 2023 12:17pm
94 Views
Post# 35207122

RE:This looks like a support and bounce afterall.

RE:This looks like a support and bounce afterall. Daily MACD not crossing for now. 4H MACD looking strong.  Monthly chart shows this is a big sell but near term is an opportunity I think.

Snowballer wrote: $5.80's near term and looks like $6.30's to $6.50's still very possible. Should test $5.67 shortly.  Today could be a day to accumulate. Thoughts?


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