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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 orlandoflon Jul 09, 2019 9:46am
116 Views
Post# 29898675

RE:U.S names

RE:U.S names
bmw4ever wrote: Even U.S energy names not moving at these WTI prices. I hav, Exxon, Marathon, Apache  on my watch list, all not moving either, 

i have been watching BTE for the last week..  there is Small 100 to 600 shares trades on the sell side pushing the shares down, its seems like a Fund Existing the postion,   No body on the Ask size..  buying has been weak.

GLTA


MRO at these prices is a better buy to me than BTE - it has a lot less risk and still a lot of upside - the way oil has been trading it may have the same or more upside than BTE percentage wise - not saying BTE isn't worth a purchase - just saying MRO has similar upside with a whole lot less risk - could be the same for Apache and Exxon, but I haven't really looked at those - I picked up some more MRO at $13.30 USD today
Bullboard Posts