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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 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

Bullboard Posts
Comment by Piperdownon Aug 07, 2015 9:44am
72 Views
Post# 23997379

RE:RE:RE:RE:Oil down

RE:RE:RE:RE:Oil down
Piperdown wrote:
Unlucky13 wrote: BTE is down 40 cents on the premarket bid. Today could be ugly. Yesterday was an exception, BTE will be trading with the price of oil again today. If oil doesn't go up BTE will slowly fade. Short is the trade IMHO. The Canadian Dollar is getting roughed up, oil might be down a dollar today at some point. Oil is down 50 cents now. How is today interesting? Oil is getting beaten down, so will BTE. Yesterday's energy action was strange, today BTE will go down what it should have went down with oil tanking so bad today.


Wrong. Opening higher. $11.00 now.


Unlucky I am beginning to fell bad for you. $11.26 now. Energy plays are showing signs they are bottoming. This is exactly what I have been waiting to see. Oil down and energy stocks up. Let's see if we can get a short squeeze happening today in the stocks with oil down. That would be awesome.
Bullboard Posts