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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
Comment by Skylar1on Apr 14, 2019 3:39pm
152 Views
Post# 29625049

RE:After much thought, I am now short again

RE:After much thought, I am now short againIf your right on oil dropping back there is a lot of money being made now and the closer we get to earnings report the higher all those beaten down oil stocks will go . Oil will continue upwards as we enter driving season  and i think heavy oil will go much higher unless Venezuela comes back in which is highly unlikely. Big funds are just starting to buy. Saudi's will not be fooled by Trump like last fall they need brent at $.75. $85 to run their country. I feel it's to low to trade maybe at $4.00. My opinion good luck.
Bullboard Posts