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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 > Bull Intact
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Comment by Indicatoron Mar 17, 2022 12:04pm
99 Views
Post# 34522193

RE:Bull Intact

RE:Bull Intact
Indeed ... short term chart is looking good here, lagging other CDN oily names:

Daily Chart:
RSI hooking up suggests mid range reversal in the works
Full Stochastic in bottom of channel and starting to round the corner
Lagging MACD will follow Stochastic
Selling volume dissipated

FOMO may press the action here soon.

Good luck!

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