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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 Natgasbc2021on Dec 18, 2021 6:46pm
175 Views
Post# 34244043

RE:Eye Test failed - Any investors here pre Raging River

RE:Eye Test failed - Any investors here pre Raging River
I was a Pre RR Shareholder.. Your #s are off.. Friday before RR announcement BTE dropped quite a Bit to Around $5.1 ish and gapped down to $4.7s on the Monday (That Gap is Still Open) I averaged way down after Covid Crash.. Cashed out Oct 25th 4.24 and haven't held BTE overnight since.. Its a hell of a trading Vehicle but this is definitely not a buy and hold right now.. Look at WTI.. I was short WTI in high 72s other day closed that in 71s dumb move but few quick K banked.. Anyway XEG has a ways to come down and BTE is a heavy Buy when Gap at $2.59 closes.. Which is also high from June 2021.. Sets chart up nice IMO.. Anyway SHORT OIL, SHORT OIL equities is the trade for now until this Covid BS is over.. BTE is still doing well with Oil above 60... But market doesn't give a fuk about that.. I've learned this the hard way.. Either play the chart or just hold and not care about losing paper gains.. I would have Gave up almost 40k in gains had I just held BTE since my OCT 25 sell...
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