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 > Tomorrow’s prediction

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Post by Unlucky13on Feb 16, 2021 8:01pm

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Post# 32580879

Tomorrow’s prediction

Seeing how oil has dropped I overnight trading to under $60, it only makes sense that BTE will go down to 99 cents. 99 cents before $2, it's a lame duck stock.

I see oil trending down here after a massive run up and back to the 80 cent range for the stock. Still very much at survival prices and not thriving here.

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