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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 rayjd93on Dec 20, 2016 4:22pm
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Post# 25626754

RE:Oil goes up....BTE goes down???? What.the.FaCK!!??!!?! Why??

RE:Oil goes up....BTE goes down???? What.the.FaCK!!??!!?! Why??
panic1234 wrote: Why? I was expecting at least a 1% jump. Can anyone explain??


Look here if you want to know where the battle is on BTE:

https://www.google.ca/finance?q=NYSE%3ABTE&ei=MJsqWNGRKc31igLI_ozACw

$5 USD is what it's all about right now.  Shorts can't let it stay above $5 too long or it can break out.  Maximum effort being put into keeping around or below $5 in hopes that a bearish event in oil can save their bad short bets.  Need a catalyst for a breakout, or for shorts to just give up.  Not gonna be easy.
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