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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Bullboard Posts
Post by ytriguyon Jan 12, 2017 12:55pm
102 Views
Post# 25699992

Dow Jones

Dow JonesEveryone seems fixated on what's wrong with Baytex today.

For starters the TSE is down 82 points and the DOW is down 118 and was as low as around 170.

Everything is down today. I have uranium, oil, gas, healthcare stocks and every one of them is down. Yesterday the markets were strong and most of my stocks were up. It must be difficult to live and die on every single days action and every single trade.

Baytex can go up just as fast as it goes down in these markets. It was around $7.20 not that long ago.

If the DOW and TSE are in the green tomorrow Baytex will probably gain back all it loses today.

It could well recover in afternoon trading today if the markets are driven up by smart bargain hunter buying before the market closes.

Tons of great deals out there at this very minute across all sectors.
Bullboard Posts