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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
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Comment by INTheteeth!on Jan 19, 2016 9:02pm
110 Views
Post# 24474803

RE:RE:hand in hand

RE:RE:hand in hand This took a harder beating than called for today.  It should have held within $2.15-$2.20 range, but sellers piled on once it went down.  It should correct back up tomorrow at the open...  BUT...

But, Oil is trading under $28 overnight (last as I type $27.96), and Asian markets opened lower... so the roullette wheel keeps on spinning...

If oil stops slumping for a day or two, this will recover quickly.  And/or, if by some miracle, oil gets a slight pop in price, this should slingshot.
Bullboard Posts
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