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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

Comment by Relaxrelaxon Oct 05, 2021 1:07pm
122 Views
Post# 33967553

RE:Share price movement ???

RE:Share price movement ???Suzy, Trying to understand a daily move on a stock will only drive you crazy.  There are a number of reasons a stock doesn't move on an up day in oil.  It could be news on the company, profit taking, shorters....  The TSE is one of the worst exchanges in the world at protecting investors.  Our regulators are pretty useless at charging the shorters that break the law with manipulating and naked shorting.  The poor metal stocks have seen this even worse than oil stocks.  That being said, the fundamentals for oil stocks to continue rallying hasn't changed.  You can't let one day bother your long term outlook.  If anything, use these kinds of days as a buying opportunity.  
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