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

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Post by Leewardcapeon Oct 16, 2021 12:00pm

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Post# 34013443

Chart Comparison: BTE/CPG

Over the last 9 trading days. They are pretty well the same, as in barely any upward movement over the 9-day period. When I see this sort of price action, I think "options". The third Friday in October was yesterday...

It seems that no-one ever wants to see small investore make money by buying call options, which might well of happened as the news got out about the supply-chain mess around the second half of September. As in small guys thinking: "Here's my chance to make some nice money...I'll buy call options on CDN small cap stoks...."

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