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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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(17)
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Comment by blackaceon Apr 27, 2016 12:43pm
83 Views
Post# 24815697

RE:RE:RE:Shorties got lucky with EIA numbers...

RE:RE:RE:Shorties got lucky with EIA numbers...PRO, check out this link:

https://www.cnbc.com/2016/04/26/oil-prices-jump-on-weak-dollar-strong-investor-appetite.html

Goldman's Currie has now turned 'neutral' on oil.   Do you remember only a couple of weeks ago they publicly stated that "ALL COMMODITY RALLIES WOULD FIZZLE", sighting very bearish conditions?  

This is absolutely comical now.  How are these crooks taken seriously?
 
Oh right, now I remember; they shorted their own stock during the financial crisis.
 
Like I have said before information anyone gleans from the media is worth exactly what you pay for it.
 
Translation to all of the above:  Goldman is now long 66.6% long oil but still needs to buy more for the clients who missed that last run up.
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