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 / 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 269,000 gross 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

Baytex Energy Corp

Bullboard Posts

Comment by trafmanon Dec 07, 2014 9:14am

312 Views

Post# 23203819

RE:Rise, CFTC Data Show

In a way this is good news but I would not read anything into it yet. This is just a way for them to hedge their bet against shorting any or all of the dividend paying oil stocks. I see continuing pressure on all of these stocks until the end of tax loss selling...probably around December 22 or 23. I took a quarter position @ $35. Now it looks like an eighth of a position. I will be buying more at the end of the year...hopefully not another eight of a position.

Bullboard Posts

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