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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

Post by ceenaloton Dec 07, 2021 8:41am
287 Views
Post# 34205437

looks like it bottomed at $3.47 in the short term

looks like it bottomed at $3.47 in the short term I posted this end of day December 2nd ...closed at $3.48

With the delta variant  (july 2021) the stock dropped about 25% from it's high at the time ....with omicron the stock is down about 20% from it's high ...stock could drop to around 3:30 if similar in impact to delta  . After the July low the stock was up over 200 % before Omicron hit ...history doesn't repeat itself but it often rhymes .  

as someone else on the board says 'Nailed it" ...if  I am also right on the 200% plus gain from here ....wouldn't want to be short here 
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