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 > Bad US market for past 2 weeks

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Post by 1234bmthon Jun 18, 2021 5:17pm

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Post# 33413007

Bad US market for past 2 weeks

It was a very bad negative US market for the past 2 weeks, specially this week, yet oil held strong and BTE's today's performance was very strong. Dow Jones cannot go down every day, all we need is a good market week to push the price close to $3 and if oil holds $70 plus by Q2 earnings report, $3.5 to $ 4 is very possible by September, Just hope that oil doesn't drop.

all my opinion

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