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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 Feb 22, 2023 1:59pm
198 Views
Post# 35298880

Tonight US API Shows Draw

Tonight US API Shows DrawThis is a guarantee that Oil Stock will show a sizable difference compared to 11Mil surplus last week this will help and hopefully, after all the attention on EIA rebalancing, they'll now show actually where we're at, this winter is coming to an end quickly historically traffic increases. SP is showing that they have been pushed far enough plus by now if you've traded from the start of 2022 you should be hardened when it comes to overreacting and the insurance is always the rebound.  Right now Oil plays are either up or basically flat showing solid support and verifying that the selling has been overdone. Closing in the green is possible going by the current strength, we're getting there, and Morgan Stanely's words of bullishness can be added to the stack of other bullish predictions.
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