Bullboard - Stock Discussion Forum 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... see more

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TSX:BTE - Post Discussion

Baytex Energy Corp > No news ,..just the algo,s …

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Post by Frank007 on Dec 20, 2023 4:33pm

No news ,..just the algo,s …

Oil down 9 cents and this is what algo,s can do ....rats running from the ship ....lol .....

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Comment by 1234bmth on Dec 20, 2023 4:40pm

It is not about algo's, I am not talking just about oil stocks, I am talking about over all market, DJ and Nasdaq dropped sharply and it obviously affected oil stocks, but oil and oil stocks did OK compare to significant drop in US market. Maybe the job data news has leaked for tomorrow and it is strong which creates doubt for investors about Fed rate cuts.

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