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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
Post by EbbandFlowon Mar 15, 2016 2:27am
148 Views
Post# 24658578

yupp pullback is coming time to cash in

yupp pullback is coming time to cash in batex would go higher, but , it is a popular stock to day trade, short, and theres are alot of ppl who got burned during the downfall of oil mainly who thought it would never go below 11-12. which it went to under 2. so we would need a surge in oil price say 50-55, to break out of this and be fresh and bullish , those who lost between 10-20 will prob see the momentum of the stock and go long. to possibly get burnt again :PP but the point is , batex has trouble peircing out of this very odd barrier as do alot of oil stocks. i think this a a excellent stock for potential gains. just ride it. dont let it ride you. 
Bullboard Posts