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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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Post by Chief1on Jun 23, 2016 11:13pm
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Post# 24993662

You think just because BTE is bullish on oil that

You think just because BTE is bullish on oil that when the price of oil drops for one or two days that the company will be worth 20% less than it was yesterday. It doesn't work that way my friend. BTE is already undervalued.  I think they'll have a hard time knocking this under 7 even IF  a $5 pullback on oil happens.  Just my opinion. 
Bullboard Posts
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