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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 ERTguyon Jul 11, 2018 11:02am
87 Views
Post# 28299586

You know shorts are desperate

You know shorts are desperate When they are celebrating the stock being down 2 cents LOL.  That morning dip was aggressively bought and I was one of the lucky buyers.   If you’re looking at the underlying trend on the daily it’s madness to consider shorting here.    Oil dropped on the massive draw down which is a little crazy but the writing is on the wall for $80 oil.  This will be $6 in short order.  Cheers
Bullboard Posts