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 > 5 year resistance coming up

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Post by IndianSparrowon Feb 26, 2022 10:26am

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Post# 34464222

5 year resistance coming up

Finally, the 5.25 - 5.30 resistance got taken out and the 5 year resistance at $6.00 comes into play. Once we get past $6, or the 5 year, this should quickly move to the $8ish range which is the last big resistance before BTE trades in double digits. Pull the 10 year chart and it is looking very interesting. GLTA.

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