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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 NewInvestor3on May 04, 2016 5:40pm
86 Views
Post# 24842160

RE:RE:RE:RE:Hey Prolapse A Hole

RE:RE:RE:RE:Hey Prolapse A Hole
NewInvestor3 wrote:
Summon3r wrote:
NewInvestor3 wrote: The sell off was saved due to the unexpected spike at NYMEX close. If NYMEX opens lower then the downtrend will continue.....


what downtrend? i believe oil and bte are trending upwards quite nicely.


I guess you must have missed the last 4 trading days......WTI has been slipping since Friday. https://www.investing.com/commodities/crude-oil-advanced-chart. Check out the 1 hour trend since Friday, clearly this is a down trend. If it wasn't for the Ft. Mac fire it would also be down more.


Also this is the first green day since April 27th for BTE. In less than a week it lost ~10%, that is what I call a trend.
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