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

Bullboard Posts

Comment by d_trumpon Sep 29, 2016 4:13pm

178 Views

Post# 25292317

RE:RE:RE:RE:anybody nervous

relax guys, not at all surprising that we cooled off this afternoon. This OPEC deal is very promising but it's not a sure thing and there are other issues that persist (Russia, concerns over demand, Libya etc). But what this deal does is it turns around the sentiment and likely raises the floor to about $45 from $40ish. It is a very significant. But there will be profit-taking and shorts will continue to pile on to quell the rallies. I sold 1/3 of my energy yesterday so that I can buy the dips and I will continue to sell the rallies. Why not take advantage of the volatility?

Bullboard Posts

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