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 > Oil still UP

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Comment by Cobalton Jan 18, 2022 4:52pm

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Post# 34330406

RE:Oil still UP

Just profit taking algos and traders only stay in business if they sell into strength , lots of money wants in so the dip will be bought fast , JP Morgan now says algos may be 90% of the market trading now , years ago it was 70% so i can see it

dandu1924 wrote: At 16.24 to Oil is over $86, and most of oil stock were down today? What is going on. Any reason or idea about the reaction of the oil stock ( I mean way down today with the higher price of oil )??

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